French second-quarter online retail sales up 14.4 percent: Fevad

PARIS (Reuters) - Online retail sales in France rose 14.4 percent to 22 billion euros ($25.40 billion) in the second quarter, the country's e-commerce federation (Fevad) said on Monday.
The figures reflect growth in a sector that has seen Amazon and others make inroads, putting pressure on bricks-and-mortar retailers like Carrefour to accelerate their own digital offerings, cost cutting and purchasing alliances.
Sales generated on web-based marketplaces rose 14 percent, while sales via apps on tablets and smartphones grew by 20 percent.
The average value of each online purchase fell by 4 euros year-on-year to 63 euros, but there was an increase in the frequency of purchases, the federation said.
Three of the most visited e-commerce websites in France are Amazon, CDiscount, owned by French retailer Casino, and online discount retailer vente-privee.
Also Read
In 2017, e-commerce represented 8.7 percent of overall French retail sales, up from 7.7 percent in 2016.
(Reporting by Dominique Vidalon; Editing by Matthias Blamont and Richard Lough)
Disclaimer: No Business Standard Journalist was involved in creation of this content
More From This Section
Don't miss the most important news and views of the day. Get them on our Telegram channel
First Published: Sep 10 2018 | 1:41 PM IST
