Logistics a key catalyst for UAE e-commerce
https://m.khaleejtimes.com/business/local/logistics-a-key-catalyst-for-uae-e-commerce Very large players have a significant volume of shipments to be able to support an in-house delivery and logistics network. The UAE e-commerce market is poised to grow to $17.8 billion in 2020, and the logistics providers they choose will play a key role in the exponential growth of online shopping, according to industry specialists. Average annual online spend per-capita in the UAE is around $300, significantly higher than Saudi Arabia at $90 and France at $94, according to UK-based consultancy firm Business Monitor International (BMI). Online shopping is growing faster in the UAE than other countries. The UAE currently ranks 33rd in the world in terms of the size of its e-commerce market. The country is also a leading emerging market player in the logistics industry as the country ranks first in the Gulf region and third globally after China and India, according to the latest Emergin...