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

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.

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.

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.