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PayU Romania Expects Black Friday To Boost Value Of Online Transactions By 30%
This year’s edition of the Black Friday campaign will boost by 30% the value of online transactions, compared with last year, to over RON243 million, according to estimates by online payment...
Online Retailer Elefant.Ro Aims To Break Even In 2019
Elefant Online SA, the company that runs elefant.ro, one of the largest local online stores, plans to break even at the end of next year.
Online Commerce Generates 5% Of L’Oréal’s Sales In Romania
Digitalization has created a lot of development opportunities for the cosmetics industry businesses and companies in the sector are relying on online commerce and promotion through social ne...
Farmec Cluj-Napoca Relies On Its Own Stores And Online Sales For Growth
Cluj-based cosmetics manufacturer Farmec is betting on expansion of its own store chain, on development of online sales and on launching new products this year, to ensure growth in revenue,...
Online Segment About To Dominate Computer And Electronics Retail In Romania
*Specialist retailers remain the most important sales channel on the computer and electronics market, with a little less than 40% market share. *The online commerce is catching up fast, narr...
Online Fashion Retailer FashionUP Sales Up 40% To Over RON30M In 2017
FashionUP, one of the leading online fashion retailers in Romania, posted growth of 40% in revenue to more than 30 million lei (EUR6.5 million) in 2017.
Auto Market To Be Transformed By Online Commerce
The next big market to be transformed by online commerce is the auto market, which stands at some EUR3 billion in Romania, as more and more dealers are launching online offers and add new se...
Online Retailers Expect Their Best Black Friday Sales Ever
Online retailers expect record sales for this year’s Black Friday, even 50% higher than in 2016, as a result of the rising consumer spending, not only for high-tech gadgets and TV sets, but...
Estee Lauder Relies On Retail And Online Sales For Further Growth In Romania
US luxury cosmetics giant Estee Lauder entered Romania two decades ago, and last year posted more than EUR10 million sales for the first time. Moreover, it expects the business to grow in 20...