- 29 May 2019 8:19 AM
- Hungary Matters
GKI Digital noted that eMag and Extreme Digital recently announced plans to merge. Hungary’s top ten online retailers made 5 million transactions last year, generating 150 billion forints (EUR 460m) of sales.
Turnover at these businesses rose just 11%, on average, under the 17% growth rate for the online retail market as a whole.
Market share of the top ten fell to 35% from 37%, GKI Digital said.