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Qatar's e-commerce market sales to exceed $3.2bn by next year

07 Feb 2021 - 8:31
File photo used for representation only.
Sachin Kumar/ The Peninsula
The boom in Qatar’s e-commerce market is set to continue amid growing number of retailers and consumers shifting to online platforms and increase in the demand for digital banking products and services. With increasing number of consumers and retailers opting for online payments, Qatar’s e-commerce market is now expected to exceed the earlier estimated target of $3.2bn by next year.
“The Ministry of Transport and Communications (MoTC) had projected in 2018 that e-commerce sales would reach $3.2bn by 2022, up from $1.3bn in 2017. This projection could potentially be exceeded as online sales were boosted by the COVID-19 outbreak, which forced many retailers and consumers to shift to online platforms,” said a report released by Qatar Financial Centre last week. ....

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Three new Farro Fresh stores planned, $100m revenue forecast to be topped this year

Three new Farro Fresh stores planned, $100m revenue forecast to be topped this year
27 Jan, 2021 04:38 AM
4 minutes to read
Farro Fresh plans to open three new stores and to exceed $100 million revenue for the first time this year.
Chief executive Bryce Howard detailed the chain s financials and expansion plans from six to nine
stores.
But Tauranga and Hamilton don t yet feature on the boutique food business radar, Howard saying Auckland remains the sole focus for growth at this stage.
But never say never.
We are targeting three areas of Auckland. Real estate is the hardest part, leasing the properties. We want to lease those properties and have three new Farro stores. We have the capacity to do at least one new store a year, Howard said. ....

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HomeBuilder applications exceed 75k

Over 75,000 households have applied for a HomeBuilder grant, with the majority of applications relating to the construction of a new home, according to latest figures. ....

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Brink's Expects Q4 Operating Profit To Exceed High End Of Guidance

WASHINGTON (dpa-AFX) - Brink's Co. (BCO) said it expects fourth-quarter 2020 operating profit to exceed the high end of the company's prior guidance range. Previously, the company had expected ....

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Gastroparesis Treatment Market to Exceed $5,323.62 Mn Worth by 2023: MRFR

Gastroparesis Treatment Market to Exceed $5,323.62 Mn Worth by 2023: MRFR ....

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