The number of online purchases reached an all-time record in Poland last year. This has, of course, to do with the lockdowns due to Covid-19. But still, Poland was one of the fastest growing ecommerce markets in Europe.
According to data from Statista, online spending reached 10 billion euros on the main product categories, clothing, consumer electronics, furniture, food, and toys. That’s an increase of about 25 percent compared to the situation of ecommerce in Poland in 2019.
Polish newspaper Rzeczpospolita reports that the share of ecommerce in the country’s retail sales has increased significantly. It cites several sources who agree that the share of online sales will continue to increase, but not as fast as last year. “The expected 8 percent is still not much compared to ecommerce markets in Western Europe, where levels of around 20 percent are reached.”
Last year, about 11,000 new ecommerce websites and online stores were launched in Poland. Currently, nearly 80 percent of internet users in Poland make online purchases. Ecommerce in Poland mainly consists of small and medium-sized companies. Their sales are estimated at 100 billion złoty, which corresponds to almost 22 billion euros.
Interesting in the ecommerce Polish industry, would be the expected arrival of Amazon in the Eastern European country. Currently, online shoppers can shop through Amazon Germany, which even as a Polish language version, but rumors say Amazon is working hard to launch a dedicated marketplace in Poland.
January 14, 2021 5 min read Opinions expressed by Entrepreneur contributors are their own. Ecommerce was enjoying steady growth before the pandemic, but 2020 accelerated the trend like never before. Cyber Monday 2020 shattered online shopping records, with more than $10.84 billion in sales on that one day alone. Many customers have since permanently changed their shopping habits, making...
Here we are again. Again. Yes, it’s another morning in which we have to discuss a venture-backed technology company going public at a price above its IPO range. This time it’s Poshmark, which priced its IPO at $42 per share last night, comfortably ahead of its $35 to $39 range that already greatly boosted the...