With the developments in technology and increase in number of internet users, the global e-commerce volume continues to expand rapidly. Turkey Consumer Protection Kolcuoglu Demirkan Kocakli Attorneys at Law 25 Feb 2015
Taking a bite from the Turkish delight will reap sweet rewards for online retailers Turkish e-commerce transactions reached an impressive $12.3 billion in 2011, representing an increase of 57% on the previous year according to the Interbank Card Center. Combine this upsurge with the 12% per year e-commerce growth Forrester Research Inc (FORR) predicts for European growth over the next 5 years, and it becomes obvious that it’s time to pay attention to Turkey. Impressive statistics, but what’s going on? Half the population of Turkey is under 30 years old. This young society has been quick to adopt technological innovations and they now spend more time online per week than the worldwide average. This tendency translates into a high responsiveness to social media – 89% of Turkish Internet users are on Facebook and they are the 11th most active country on Twitter. 95% of the Turkish population are expected to have a mobile phone in 2013, with global corporations such …
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