German e-commerce revenues record 9.2% growth year-on-year in H1

Monday 6 July 2020 | 10:57 CET | News
German online retailers generated revenues of EUR 36.70 billion in the first six months of this year, a 9.2 percent increase compared with EUR 33.60 billion in the same period last year, according to a study by e-commerce association BEVH. Revenues stagnated in the first quarter of this year, hit by the pandemic, but grew again the second quarter by 16.5 percent to EUR 20.22 billion. Digital services such as electronic tickets, downloads and hotel bookings recorded sales of only EUR 1.36 billion including VAT in the second quarter of 2020, compared with EUR 4.81 billion in Q2 2019, a

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Categories: Internet
Companies: Bevh
Countries: Germany
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