NasdaqGS:AMZN
NasdaqGS:AMZNMultiline Retail

E-Commerce Update - Saudi Arabia's Digital Shift Drives Robust Market Growth

The Saudi Arabian eCommerce market is experiencing robust growth driven by factors such as increasing internet and smartphone penetration, government initiatives under Vision 2030, and the adoption of digital payment methods. With a young, tech-savvy population and improvements in logistics infrastructure, the market's value is projected to rise significantly from $24.67 billion in 2024 to $68.94 billion by 2033, reflecting a compound annual growth rate of 12.1%. Challenges remain,...