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What are the major market drivers to Russia’s e-commerce industry? What are its major limitations?
Q&AIn 2016, Russia’s e-commerce market is looking at an annual growth rate of 15%. A growth in domestic internet users, an increase in the average Russian's understanding of the internet environment, and reduced mobile costs have all played a role in the strong growth of Russia’s e-commerce industry. However, the nation’s ailing economy has brought about a decline in consumer purchasing power, subsequently limiting the potential for market growth.
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