XDG is thrilled to partner with lynks one of the top e-commerce companies in Egypt that combines data and global logistics to procure products for the lowest possible price from anywhere in the world and also brings you the best deals in the US and ships it to your doorsteps in Egypt.
The synergy that we do is developing a software for lynks called Utopia that will be a fundamental social e-commerce platform.
The partnership between X Digital group a benchmarking enterprise for solid products & lynks will result in a profitable relationship for both of companies as we do believe in the third added value and it would surely help both companies enrich and enhance their existing services and also introduce newer services.
** E-commerce is the buying and selling of goods and services via the internet.
The benefits of e-commerce include its around-the-clock availability, the speed of access, the wide availability of goods and services for the consumer, easy accessibility, and international reach.
E-Commerce is increasing rapidly:
Since 2014 worldwide online retail sales have grown by a staggering 43.34%, reaching sales of approximately 1.81 trillion Euros.
This number is expected to increase each year in the coming years.
As of 2016, e-Commerce retail sales make up 8.7% of the total sales in the global retail industry. This share is expected to increase to 14.6% by 2020.
General E-commerce Statistics:
1- 71% of shoppers believe they will get a better deal online than in stores.
2- 80% of the online population has purchased something using the internet, 50% of the online population have purchased more than once.
3- Cyber Monday 2016 was the biggest online sales day of all time with US$2.6 billion spent.
4- 36% of consumers spend 30+ minutes comparison shopping before making a decision on purchasing a commodity product; 65% spend 16+ minutes doing so.
The MENA e-commerce market is One of the fastest growing e-commerce markets in the world Indeed, according to Magnitt’s investment report on the first half of 2017, e-commerce is the fastest growing sector in the region.
Now, a new report indicates that by 2020, the market is set to more than double and reach $69 billion.
Middle East market businesses are racing towards the most meaningful and rewarding customer experience.