Low adoption of digital payment hinders faster growth of e-commerce in the Middle East

middle-east-webrazziThe Middle East represents a rich but surprisingly underserved region in the field of e-commerce. Whilst the share of connected population rises across the region, lack of sufficient tools for digital payment hinders faster growth in electronic retail purchases. According to a report by yStats.com, B2C e-commerce currently accounts for less than 1% of total retail sales in the region. For comparison, the figure is 1.7% in neighboring Turkey and around 6% in the US.

Read More

Social networks still struggle to build up full trust among UK users

UK-social-mediaThough purported to be predominantly related to US-based governmental wiretapping, the disclosure of the existence of the NSA’s surveillance activities across other continents, primarily in Europe, has done little to help social media giants already struggling to secure users’ confidence over privacy protection. This is most markedly see amongst British users where, according to the latest TNS BMRB report published by eMarketer, social networks like Facebook, Twitter and Pinterest still fail to earn the confidence of as much as 60% of users.

Read More

Almost all web users are mobile in the Middle East and Africa

EMarketerlogoMobile can nowhere be more instrumental in connecting to the world than in the Middle East and Africa. With ever-expanding list of affordable smartphones and tablets introduced one after another, relatively lower-income population of two regions tend to resort more to their pocket devices to benefit the goodies of the net.

eMarketer’s latest research confirms that the mobile is the first means for internet access for most users in the Middle East and Africa, with over 90 percent usage rate since the beginning of 2013, placing them on the top of the list of mobile phone internet user penetration.

Read More

Android will dominate device shipments in 2014 thanks to rapid growth in emerging markets

androiddeviceIt should be of no surprise if 2014 becomes an even more significant year for the mobile. A recent report by Gartner confirms the fact, estimating a total of 2.5 billion PCs, mobile handsets and tablets shipment in 2014, of which more than 1.9 billion will, of course, be mobile phones. The report also forecasts that the domination of Android OS will even be stronger in 2014.

The downtrend in PC (desktop and notebook) shipments continues with a predicted 7 percent fall whereas overall device shipment increased 7.6 percent, compared to 3.8 percent in 2013, mainly thanks to Android’s 45 percent share in overall device shipments. Of the 2.5 billion devices, some 1.9 billion will be mobile ones carrying Android OS.

Read More

Arab World prefer to talk and share music, not politics, on social networks

SosMedArabThumbOkey, most of us take it for granted, the widespread use of social networking sites in the Middle East have something to do with ‘having the (political) voices heard’. Guess what! A Q3 infographic prepared by GO-Gulf reveals that 67 percent of online Arabic-speaking population in the Middle East actually prefer talking and sharing about music and films on the social networks, whereas only one third (34 percent) discuss ‘politics’.

According to the graph, 40.2 percent of total Arab world has internet access and 88 percent of them use social networking sites on a daily basis. Facebook is the champ with 94 percent followed by Twitter with 52 percent.

Read More

29 Turkish Companies are listed in Deloitte Technology EMEA Fast 500

DeloitteInternational audit and management consulting services company Deloitte published its list for Deloitte Technology Fast 500 2012 EMEA Program. There are 29 Turkish companies in the list of 500 companies and two companies from Turkey are in the top 10.

Deloitte Technology Fast 500 EMEA Program covering Europe, Middle East and Africa, is based on the growth rate of net sales of technology, media and telecommunications companies in the last 5 years. Top 10 includes Elkotek as 5. and Tektronik as 6. on the list.

However, what’s more striking is that there are more companies in Turkidh internet industry now. One of them is Ideasoft, which increased its net sales by 2 thousand 246 percent in the last 5 years and at the 53th place in the list. And there is Pozitron; it has made name with mobile applications and increased 956 percent in that period, finding its place at 149th row in the list.

Read More

There are nearly 20 million internet subscribers in Turkey

btk-2012-q3-225x129Information and Communication Technologies Authority (ICTA) published industry data for 3Q 2012. The number of internet subscribers in Turkey is close to 20 million, the number of DSL subscribers continued to fall, as it did in previous quarters.

Currently there are 19.3 million internet subscribers in Turkey, while 19.2 million of them go online with broadband connection. This number was 12.8 million in 3Q 2011, which is way exceed by 18.3 million last quarter. The industry has recorded a growth of 6 percent, and 1 million new internet subscribers were added last quarter.

It is a fact that the number of DSL subscribers started to decline since the last three quarters; this decline continued, yet in a small scale, in 3Q 2012: 2Q had 6 million 632 thousand DSL subscribers, and 3Q had 6 million 602 thousand subscribers with a 0.5 percent decline.

Read More

Turkish E-Commerce grows by 40 percent compared to last year’s Q2

E-Commerce industry in Turkey continues to grow, in parallel with expectations. The Interbank Card Center (BKM) figures for 2012 Q2 show that the industry is approaching end year’s goals fast.

BKM data reveal that the volume of transaction in ecommerce for 2012 Q2 has been 7.3 billion lira. Nearly 36 million transactions took place in that period, while achieving 40.5 percent growth compared to the same period in 2011. A growth of 450 million lira took place compared to Q1 in 2012.

In the Q1 of 2012, ecommerce industry created a volume of 6.9 billion TL, with 37 million 434 thousand transactions.

Read More


©2014 Webrazzi English
107 queries. 1.022 seconds. v2