The Volume of e-commerce in Egypt increased by 80 percent

  • Cairo, Egypt
  • 20 March 2020
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Hisham Safwat, Chairman of the E-Commerce Committee at the General Union of Egyptian Chambers of Commerce, revealed that e-commerce contributed greatly to implementing measures to stop gatherings to prevent the spread of the new Corona virus, noting that the demand for different platforms increased significantly by 80%, especially on consumer products.

He expected an increase in the ratio with the decision to stop the gatherings, as e-commerce represents a solution for the bidder and the customer, whether when closing any specific stores or the presence of difficulty and fear among some customers of riding public transportation, in addition to that e-commerce represents a great opportunity for small and medium companies to display their products.

The large chains of retail stores witnessed a large turnout amid fears of the outbreak of the new Corona virus, which called on the government to confirm the availability of all goods in Egypt for months, and appealed to the citizens not to accelerate and attack them.

The volume of electronic transactions in Egypt reaches $ 2 billion, including hotel reservations, airline tickets, etc., and e-commerce accounts a small percentage of them.

Source (Egyptian seventh day website, Edited)

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