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Russian e-commerce market hits new highs to reach €16 billion

The Russian e-commerce was worth €14.85 billion in 2016, an increase of 20% when compared to 2015, and is expected to rise rapidly to reach €16.14 billion at the end of 2017. These findings come from a study conducted by the Association of Online Retail Companies (AKIT), which shows that Russian consumers increasingly prefer foreign [...]

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