Posts Tagged :

e-finance

Hungarians spend one in HUF 25 online

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After several years of dynamic growth, Hungary’s online retail trade volume continued to rise in 2015. Surpassing the psychological limit of HUF 300 billion (~EUR 963 million) for the first time, the net turnover reached HUF 319 billion (~ EUR 1024 million). The ratio of the e-tail sector increased to 4.1% of the total retail turnover, meaning that one in…

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E-administration in Hungary

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Hungarian Internet users prefer to take care of their administrative matters online. In fact, this is the channel that they use most frequently for such cases. Nevertheless, personal and telephone-based administration still lingers in their everyday lives. While computers remain the primary platform in online administrative matters, smartphones are coming up strong: three out of 10 Internet users employ their…

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Hungarian e-commerce volume hits all-time high

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Hungarian e-commerce companies closed another excellent year in 2014 as the net turnover of the country’s electronic retail (e-tail) sector came to HUF 273 billion (~ EUR 884 million), exceeding all previous expectations. This figure equals 3.7% of the total retail turnover, reveals the latest research conducted by eNET Internet Research Ltd amongst webshops. The survey results were announced at…

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Small giants fight on the online classified ads market in Hungary

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After a rather hectic 2014 complete with acquisitions, brand name changes and innovations, the competition for supremacy on the Hungarian market of online classified advertisements continues in 2015. Olx.hu, the former Aprod.hu, seems to have benefited from the rebranding after all, while jofogas.hu has been trying to gain users via innovations. eNET and the Department of Information and Communication of…

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Online e-commerce boom in Hungary – HUF 266 billion retail turnover expected for 2014

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Hungarian e-tailers have no reason to complain: as in previous years, the online retail trade volume increased considerably in 2014. The total volume should reach HUF 266 billion (~ € 850 million) by the end of 2014, ushering in a period of steeper growth. According to eNET’s first mid-term forecast, experts are optimistic, projecting a fast-growth scenario for 2014 and…

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Hungary’s online retail trade exceeds expectations

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Hungary’s online retail webshops generated a HUF 217 billion turnover last year, which equals 3.1% of the total Hungarian retail trade volume. The number of transactions effected with mobile phones and tablets is growing, and Hungarians still prefer to collect the ordered goods personally, eNET’s retail e-commerce research results for 2013 indicate.

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There can be only one – battle on the online classified ad market

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The fight for supremacy on the market of online classified advertisements continues in 2014. In fact, the market was stirred up again in the past month. A new competitive phase started with important announcements by the two largest players. Schibsted made acquisitions, while aprod.hu launched a renaming campaign. These changes warrant another look at Hungary’s online classified advertisement market by…

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Bónusz Brigád has half of bonus/coupon market

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In the first nine months of 2013, the turnover on Hungary’s bonus/coupon market reached HUF 4 billion. Market leader Bónusz Brigád gained a substantial advantage, distancing itself from competitors. The bonus/coupon market continues to expand; the next phase in its development could involve the transformation of market players into discount webshops.

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Hungarians Pushing More Online Shopping Carts

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Few areas of the economy show growth to the extent produced by internet commerce in 2011, says GKIeNET – T-Mobile’s research survey titled “Report on the Internet Economy” and published in May. In addition to the intrinsic benefits of internet purchases, the unfavorable economic environment also makes people more sensitive to prices, which boosts e-commerce. 2.4% of Hungary’s total retail…

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Hungarian E-Commerce Was Soaring Again Last Year

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Online commerce in Hungary continued to grow dynamically in 2010, reveals GKIeNET’s survey published in August 2011. Sales at webstores, making up 1.8% of all retail sales in Hungary with a total value of 133 billion forints keep increasing in 2011 and may total up to 155-160 billion forints.

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