• Home
• Channel: Shopping
• Increased Online Customers Could Boost Hungarian Market 25%

Increased Online Customers Could Boost Hungarian Market 25%

• 25 May 2020 9:29 AM
• Budapest Business Journal

GKI Digital’s online retail flash report predicts that, while purchasing power may decline due to the expected decline in GDP, the increased online customer base in the first two quarters of the year could bring the market up 25% year-on-year, says uzletem.hu.

The number of parcels delivered at the Express One courier service on some days in April exceeded the peak Christmas period.

The effects of the coronavirus epidemic have significantly boosted online orders, with the courier company seeing a 90% increase in the B2C, or “direct-to-customer” segment in April this year compared to the same period last year.

At Praktiker, which operates both a chain store and a webshop, online traffic increased compared to 2019 data, the economics website adds.

• How does this content make you feel?
• I love it
• I like it
• I dislike it

• Online Shopping

XpatLoop Media Partner

Budapest Business Journal

Hungary's largest and oldest source of business and financial news in English. Since 1992 it has presented essential information on Hungarian business life, including international analyses about the country. These days the BBJ newspaper is published every other week, while it releases daily business news online including premium paid content.

Explore More Reports

New Survey: Shoppers in Hungary Prepared to Hunt for Best Holiday Deals

• 14 Dec 2024 7:36 AM

Most consumers are actively searching for holiday discounts, according to EY's int'l survey of 13,000 shoppers. The study found that this behavior is especially prevalent among those under 27 (76%) and parents (79%).



Same-Name Legal Action Taken Against Shein Store in Budapest by Shein Online

• 13 Dec 2024 8:52 AM

Chinese fast-fashion retailer Shein has publicly denied claims that it has opened a store in a Budapest shopping centre, saying its products are sold exclusively online.



EU Joint Action Started Against Chinese Online Retailer Temu, Hungary First to Initiate Proceedings

• 11 Nov 2024 6:01 AM

The Consumer Protection Cooperation Network (CPC) of the EU’s consumer protection authorities – including Hungary’s GVH – and the EC launched a joint action against Chinese online retailer Temu in order to protect consumers, the GVH announced on Friday.



Online Grocery Shopping in Hungary Growing in Popularity

• 16 Oct 2024 2:41 PM

Nearly half of Hungarians now use the home delivery services of online supermarkets when shopping for groceries, writes Magyar Nemzet