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Battle for Poland’s $19 Billion E-Commerce Market Begins For Real With Amazon Entry
- U.S. giant seeks to challenge domestic leader Allegro.eu
- Online sales may reach 50% of total retail in 7 years: InPost
Photographer: Michael Nagle/Bloomberg
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A battle for Poland’s online shoppers is heating up with Amazon Inc. announcing plans to enter the booming $19 billion market.
Shares in the east European nation’s e-commerce leader and Warsaw’s biggest listed stock, Allegro.eu SA, slumped the most in a month after the U.S. giant announced on Wednesday that sellers can register for its new Polish website that will go live soon.