French e-commerce on the hype
Submitted by admin on Friday, 1 August 2008No Comment
Tags: 1 billion, acsel, association projects, b2b purchases, fraction, french trade, hype, merchants, pricewaterhousecoopers, q2, trade group
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merchants in France took in €1 billion ($1.71 billion) during Q2 2008, according to the Association pour le commerce et les services en ligne (ACSEL) and PricewaterhouseCoopers (PwC). However, Q1 actually represents just a fraction of total French e-commerce—and less than one-quarter. Not only is Q4 the biggest of the year, but the ACSEL/PwC figure does not include online travel.Another French trade group, the Fédération des entreprises de vente à distance (FEVAD), said that e-commerce sales in France will reach €20.9 billion ($32.4 billion) this year. FEVAD includes both online travel and online B2B purchases. The association projects e-commerce growth through 2010, when sales are expected to reach €31.4 billion ($44.3 billion).
Source: eMarketer.com
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