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Scandinavia leads e-comm boom

Added:
Nov 26, 1999

The survey found that corporate sales made on the internet doubled this year, up from 2 to 4% of all corporate sales. Scandinavia took the lead with 9% of sales online followed by the UK, where 6% of sales were made online.

KPMG predicts that by 2003, 14% of all transactions will be made on the internet.

Scandinavian companies are particularly optimistic about the future of

e-commerce and believe that by 2002, 25% of all sales will be made online. Meanwhile Germans are sceptical and forecast only 12% of sales online by this date.

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