New registrations on the platform increased 40% over the past three months.
eMAG said 38% of the businesses in on eMAG Marketplace are founded by entrepreneurs aged 20-30 and 36% by entrepreneurs under 40. Sellers on the marketplace platform hired on average two people to handle sales generated by the platform, amounting to over 40,000 employees directly involved in developing online sales and addressing customer needs.
In 2019, eMAG customers bought 13 million products from third party sellers, 44% more than in 2018.
“Romania has enormous potential for economic growth, supported through the development of the digital economy. This component brings high added value, develops horizontally and builds the ne4xt generation of entrepreneurs. The marketplace business model speeds up this process, develops online entrepreneurship and supports the migration of companies toward a digital economy,” eMAG CEO Iulian Stanciu.