1 Day
Source:
الاقتصادية
Saudi shoppers favor online buying
The rate of online purchase of products and services in Saudi Arabia reached 76.9%, with the technology and communications market exceeding 199 billion riyals by the end of last year, registering a compound annual growth rate of 8%. Local stores accounted for 95.3% of online transactions, with clothing and footwear leading the purchased goods at 87.7%. The usage rate of electronic government services stood at 96%, with higher concentrations in the Tabuk and Qassim regions at 98.6%. The adoption of electronic banking services reached 85.9%, with the Eastern Province leading at 89.6%. This reflects the ongoing rapid digital transformation and the expanding reliance on electronic platforms across the kingdom.
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