{"id":22917,"date":"2023-05-10T11:58:21","date_gmt":"2023-05-10T11:58:21","guid":{"rendered":"https:\/\/www.meretailnews.com\/?p=22917"},"modified":"2023-05-10T11:58:21","modified_gmt":"2023-05-10T11:58:21","slug":"saudi-e-commerce-sector-grows-32","status":"publish","type":"post","link":"https:\/\/www.meretailnews.com\/2023\/05\/10\/saudi-e-commerce-sector-grows-32\/","title":{"rendered":"Saudi e-commerce sector grows 32 per cent\u00a0"},"content":{"rendered":"<p><!-- VideographyWP Plugin Message: Automatic video embedding prevented by plugin options. --><br \/>\n<span data-preserver-spaces=\"true\">The <a href=\"https:\/\/www.meretailnews.com\/2023\/04\/12\/saudi-e-payment-retail-sector\/\">e-commerce sector<\/a> in Saudi Arabia has shown remarkable growth, with an annual increase of more than 32 per cent in the first quarter of 2023.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">According to the\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/mc.gov.sa\/en\/Pages\/default.aspx\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">Ministry of Commerce\u2019s<\/span><\/a><span data-preserver-spaces=\"true\">\u00a0business bulletin, Riyadh issued the most commercial registers at 13,195, followed by Makkah with 8,605, and the Eastern Region with 5,294. Madinah and Al-Qassim issued 1,649 and 1,107 registers, respectively.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The growth of the e-commerce business system is one of the key objectives of the National Transformation Program, which advances the realisation of Saudi Arabia\u2019s Vision 2030.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">As one of the top 10 growing countries in the e-commerce field, with a growth rate of 17 per cent in Q1 2023, the country recognises the importance of e-commerce in enhancing the national economy.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">\u00a0The Saudi e-commerce system actively supports entrepreneurs keen on transitioning from regular trade to e-commerce through entities that offer electronic payment, digital marketing and technical solutions services.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">These entities also provide services related to electronic markets, logistical solutions, and platforms for developing electronic stores.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The Saudi E-Commerce Council of the Ministry of Commerce aims to strengthen the reliability of e-commerce, boost its contributions to the national economy and stimulate e-commerce activities in the country.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p> Saudi Arabi&#8217;s e-commerce industry has grown dramatically, annually increasing by over than 32 per cent in Q1 2023.<\/p>\n","protected":false},"author":40,"featured_media":17277,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[154,1],"tags":[2683],"_links":{"self":[{"href":"https:\/\/www.meretailnews.com\/wp-json\/wp\/v2\/posts\/22917"}],"collection":[{"href":"https:\/\/www.meretailnews.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.meretailnews.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.meretailnews.com\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/www.meretailnews.com\/wp-json\/wp\/v2\/comments?post=22917"}],"version-history":[{"count":1,"href":"https:\/\/www.meretailnews.com\/wp-json\/wp\/v2\/posts\/22917\/revisions"}],"predecessor-version":[{"id":22918,"href":"https:\/\/www.meretailnews.com\/wp-json\/wp\/v2\/posts\/22917\/revisions\/22918"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.meretailnews.com\/wp-json\/wp\/v2\/media\/17277"}],"wp:attachment":[{"href":"https:\/\/www.meretailnews.com\/wp-json\/wp\/v2\/media?parent=22917"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.meretailnews.com\/wp-json\/wp\/v2\/categories?post=22917"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.meretailnews.com\/wp-json\/wp\/v2\/tags?post=22917"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}