Black Friday sales of Romanian online retailer eMAG in Bulgaria rise 17% y/y to €28.6mn

By bne IntelliNews November 22, 2021

The Black Friday sales of Romania-based online retailer eMAG in Bulgaria increased by 17% y/y to BGN55.9mn (€28.6mn), Investor.bg reported on November 22.

Private consumption in Bulgaria has been rising this year thanks to wage hikes. Public sector wages increased by 18% in the first half of the year, while private sector salaries rose by almost 11%.

382,000 products were sold during eMAG's Black Friday campaign in Bulgaria on November 19 this year, according to eMAG Bulgaria, Investor.bg reported.

The company entered the Bulgarian market in 2012 and opened its first two showrooms in the country in September 2020 and October 2021.

Read in IntelliNews Pro
Get IntelliNews Pro

Related Articles

EU, Uzbekistan forge partnership aiming to pave way for critical raw material supplies

The European Union on April 5 signed a memorandum of understanding (MoU) with Uzbekistan ... more

Brand Finance releases ranking of Uzbekistan's Top 20 most valuable brands

London-headquartered brand valuation consultancy Brand Finance has released its latest list of the 20 most valuable domestic brands in Uzbekistan. Leading the pack is Uztelecom, with a brand ... more

Kazakhstan and Uzbekistan’s combined IT exports surpass $800mn

Kazakhstan and Uzbekistan’s combined IT exports surpassed $800mn in 2023. The Kazakh IT sector's export revenue jumped from $50mn in 2020 to over $500mn last year. Astana Hub was a major ... more

Follow Us On

Most Read

  1. Ukraine's birth rate plummets to 300-year low as country’s population collapses
    9 days ago
  2. EU finally boosts defence investment into arms production as Ukraine runs out of ammo
    1 month ago
  3. Don't mention the "D" word - Ukraine
    6 days ago
  4. The 'wet-bulb' set to kill hundreds of thousands of people if temperatures and humidity levels continue to rise
    3 days ago
  5. Europe unlikely to tackle Russian LNG imports anytime soon
    3 days ago
  1. Russia could pay off its entire external debt tomorrow, in cash
    27 days ago
  2. Speculation swirls of “Men in Blue” in Crocus City Hall terrorist attack linked to FSB
    1 month ago
  3. Albanians campaign on social media to keep bus bridge created in freak accident
    1 year ago
  4. BRICS announce a blockchain-based payment system to create a common currency
    29 days ago
  5. Saudi Arabia to scale back plans for Neom city
    16 days ago

Reports

Dismiss