Page 20 - bne_Tech_02_2020

NIBs
February 2020 www.intellinews.com I Page 20
DHL, with the first units to be produced in 2021.
Yota, that was founded by Sergei Adonyev and Albert Avdolyan, was sold to Megafon mobile operator in 2013 for $1.18bn. The ex-head of
the company Sverdlov in 2012-2013 served as the Deputy Communication Minister, before resigning and leaving for London. He is the main shareholder of the Arrival, according to RBC.
Other investors into Arrival include Gemcorp fund, controlled by ex-head of VTB Capital and the top manager of Goldman Sachs and Merrill Lynch Atanas Bostandzhiev.
Turnover of Czech e-shops increased to a record CZK161bn in 2019
The Czechs spent a record CZK161bn (€6.3bn) for goods bought online in 2019, up by 15% year-on-year.
The Czechs spent a record CZK161bn (€6.3bn)
for goods bought in e-shops in 2019, up by
15% year-on-year, based on data published by Shoptet company which runs almost half of Czech e-market (more than 20,000 e-shops), the Czech News Agency (CNA) reported.
The number of online shops have grown by 3.5% y/y in 2019. Electronics, cosmetics and clothing represented the largest share of turnover. “We expect that this year the amount of money spent in e-shops will be slightly higher again,” said Shoptet CEO Miroslav Udan, CNA quoted.
Electronics accounted for 37% of last year's total online amount, followed by cosmetics with 12%. Women spent more on the Internet than male, buying 60% of goods sold.
Almost 70% of all goods are sold by e-shops based in Prague, followed by Brno (8%) and Ostrava (6%).