Middle East & Africa B2C E-Commerce Market Report 2024 - Middle East's Digital Economy is On Track for Remarkable Expansion, Projected to Exceed EUR 500 Billion by 2030 [Yahoo! Finance]
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Source: Yahoo! Finance
MENA's Mobile Commerce Revolution: Over 70% Online Transaction Dominance by 2025 The Middle East's digital economy is on track for remarkable expansion, projected to exceed EUR 500 billion by 2030. This growth is fueled by the region's rapid uptake of digital commerce and online transactions, fundamentally reshaping market dynamics. By 2025, mobile platforms are expected to drive 70% of total online transaction value in the MENA region, signalling a shift towards mobile commerce dominance. Furthermore, the B2C E-Commerce market is forecasted to reach double-digit billion euros by 2026, offering significant opportunities in this swiftly evolving landscape. Saudi Arabia and the UAE lead the charge in the region's digital transformation, achieving significant milestones in their E-Commerce sectors. By 2027, Saudi Arabia's B2C E-Commerce revenue is set to exceed EUR 20 billion, representing a substantial share of total retail sales. Likewise, the UAE's digital commerce landscape is t
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EBAY
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- 5/1/24 - Beat
EBAY
Sec Filings
- 5/17/24 - Form 4
- 5/17/24 - Form 4
- 5/10/24 - Form 8-K
- EBAY's page on the SEC website