Bloomberg News

Turkey’s Internet Shopping Grew 52% to $9.5 Billion in 9 Months

November 01, 2011

Nov. 1 (Bloomberg) -- Internet shopping in Turkey grew 52 percent in value, to 17 billion liras ($9.5 billion), in the first nine months of 2011, compared with the year-earlier period, according to Soner Canko, who heads the Interbank Card Center that monitors credit-card spending in the country.

Turkey’s e-commerce is “one of the fastest-growing in the world,” Canko said in an e-mailed statement today. The number of transactions rose 37 percent to 91.7 million in the nine months, he said.

Services accounted for 2.2 billion liras of Internet transactions, followed by air travel, including tickets worth 2 billion liras, and purchases of electronic goods worth 1.5 billion liras, the statement said.

--Editors: Alan Purkiss, Chris Peterson

To contact the reporter on this story: Ercan Ersoy in Istanbul eersoy@bloomberg.net.

To contact the editor responsible for this story: Benedikt Kammel at bkammel@bloomberg.net.


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