E-commerce and Postal Retail Outlets in the Ukraine
The rapid growth of e-commerce in Ukraine, mainly through online retail shops, that sell everything from headphones to boilers, have colluded to create a lucrative market opportunity for innovative postal services. State-owned Ukrposhta, a huge postal service of 13,000 outlets, most of them overcrowded in the the middle of the month when people come to pay their utility services, seems to be satisfied with serving as an eyewitness rather than an active participant of Ukraine’s fast growing e-commerce market.
The value of Ukrainian e-commerce rose from $0.73 billion in 2010 to $2.37 billion in 2013, and is projected to rise to $5.65 billion by 2016, according to Morgan Stanley, an American bank.
Private postal service companies have sprung up in response.
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