/PRNewswire/ The "Russia Gift Card and Incentive Card Market Intelligence and Future Growth Dynamics (Databook) - Market Size and Forecast (2016-2025) - Q2.
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Research and Markets: Poland Gift Card and Incentive Card Market Report 2021 - Gift Card Industry in Poland has Withstood Impact of COVID-19 Pandemic and is Forecast to Grow by 11.7% to Reach US$ 1478.1 million in 2021 - ResearchAndMarkets.com
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The gift card market in 2020 was driven a wide range of factors, which supported growth across retail and corporate segments. The primary factors included growth of ecommerce, increased adoption to incentivize employees working remotely, digital gifting, and initiatives undertaken by government, hospitality, and travel industries to revive growth. Though the gift card market was impacted due to COVID-19, the market is expected to bounce back in the coming quarters, especially in H1 2021.
Asia Pacific Gift Card and Incentive Card Market Report 2021: Spend Analysis by Digital/e-Gift Card, Retail and Corporate Consumers, Top Retailers, Distribution Channel, Occasions and Demographics
April 29, 2021 04:03 ET | Source: Research and Markets Research and Markets Dublin, IRELAND
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The gift card market in Asia Pacific has witnessed significant growth in the past few years. The gift card industry has performed well, taking away market share from traditional gifting sector. The overall gift industry has been impacted by the COVID-19 pandemic.
The gift card market is expected to grow backed by increase in digitization as well as surge in online shopping. The E-commerce market in the region has recorded significant growth in the recent years due to better Internet connectivity and penetration across the region. The surge in internet penetration has led to digitization. This trend has accele
By Reuters Staff
2 Min Read
FILE PHOTO: A view shows the pick-up point of the Ozon online retailer in Moscow, Russia March 16, 2020. REUTERS/Evgenia Novozhenina/File Photo
MOSCOW (Reuters) - Russian online retailer Ozon has signed an agreement to expand its financial services operations with the acquisition of Oney Bank in a cash deal of around $10 million, the company said late on Monday.
Ozon runs one of Russia’s largest e-commerce platforms using couriers, pickup points and parcel lockers.
It said it was acquiring 100% of Oney’s charter capital from Sovcombank, Russia’s third biggest private bank and among the country’s top 10 by assets.