The COVID-19 Outbreak Increased Online Shopping in the Middle East: yStats.com Report A new report from Hamburg-based business intelligence company yStats.com, “Middle East B2C E-Commerce and Payment Market 2020 & COVID-19’s Impact” provides details on the growth of E-Commerce in the region. The report details the effects of the 2020 coronavirus pandemic on online retail in the Middle Eastern countries along with the trends of digital payment methods. Full report here: https://bit.ly/3jI9zkv

1. PRESS RELEASE
Hamburg, September 4th, 2020
The COVID-19 Outbreak Increased Online Shopping in the Middle East:
yStats.com Report
A new report from Hamburg-based business intelligence company yStats.com, “Middle East B2C E-Commerce
and Payment Market 2020 & COVID-19’s Impact” provides details on the growth of E-Commerce in the region. The report
details the effects of the 2020 coronavirus pandemic on online retail in the Middle Eastern countries along with the
trends of digital payment methods.
The Middle Eastern countries boost online retail during coronavirus pandemic
B2C E-Commerce’s share of total retail sales in the UAE was the highest among its Middle Eastern neighbours such as
Saudi Arabia, Qatar and Oman but was much lower than the mature online retail markets such as China and the UK. This share
is expected to further increase during the COVID-19 pandemic due to the growing share of consumers switching to online
shopping, according to the new yStats.com report. The lockdown measures have brought significant changes in shopping trends
such as consumers throughout the region purchased more products online than they would have normally bought in-store
during the COVID-19 lockdown period.
Digital payment methods are on the rise in the Middle East due to the COVID-19 crisis
Another interesting fact highlighted in the yStats.com report is that since the outbreak of COVID-19, making transactions
via digital payment methods is preferred by consumers in selected Middle Eastern countries. A major portion of shoppers also
switched to digital banking methods to make payments in Israel during the health crisis. Furthermore, the use of contactless
payments has greatly increased in the UAE, with a major share of consumers planning to stick with contactless payments even
after the pandemic is over.
For further information, see: https://www.ystats.com/market-reports/middle-east-b2c-e-commerce-and-payment-market-2020-covid-19s-impact/
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About yStats.com
Founded in 2005 and headquartered in Hamburg, Germany, yStats.com is one of the world's leading secondary market research companies. We are committed to providing the most up-to-
date and objective data on Global B2C E-Commerce and Online Payment markets to sector-leading companies worldwide.
Our multilingual staff researches, gathers, filters and translates information from thousands of reputable sources to synthesize accurate and timely reports in our areas of expertise,
covering more than 100 countries and all global regions. Our market reports focus predominantly on online retail and payments, but also cover a broad range of related topics including M-
Commerce, Cross-Border E-Commerce, E-Commerce Delivery, Online Gaming and many others. In addition to our wide selection of market reports, we also provide custom market research
services.
We are proud to cooperate with companies like Bloomberg and Thomson Reuters. Given our numerous citations in leading media sources and journals worldwide, including Forbes and the
Wall Street Journal, we are considered one of the most highly-reputed international secondary market research companies with an expertise in the areas of B2C E-Commerce and Online
Payment.