E-commerce paving the way for the future of retail and more

E-commerce paving the way for the future of retail and more

A special report on the state of the e-commerce industry in the region outlining its most recent innovations, challenges that lie ahead and the way forward. "The region's e-commerce industry is set for a boom," Nour Suliman, CEO, DHL Express Middle East and North Africa, says. ". The UAE is also the most advanced e-commerce market in the MENA region with a penetration rate of 4.2 per cent, with Saudi Arabia following closely behind at 3.8 per cent, according to Bain & Company.. The list also includes three e-commerce companies from Saudi Arabia and four from Kuwait; meanwhile, multi-product marketplace websites lead among the categories with 26 companies.. There is also a significant surge in online shopping which is now giving investors more confidence in funding start-ups in the e-commerce space primarily thanks to the big-ticket acquisition of Souq.". The best option for e-commerce companies really depends on the size, scope, and future of their business.". To develop a thriving e-commerce ecosystem, encourage more online startups to enter the market, and improve the last mile experience, synergised fulfilment centres - third-party spaces that process and fulfil customer orders from e-commerce retailers - are vital.. An e-commerce business can sell a