29 October 2002

European E-Commerce leads the pack

Europeans will spend more money online in the run-up to Christmas than anyone else in the world.

This is the prediction of market analysis firm, GartnerG2

Europeans are expected to spend €10 bn in the fourth quarter of 2002. North American spend will drop to 2nd place, also with €10 bn in purchases.

Total online Christmas sales worldwide are expected to rise by 48.4% to £24.5 bn.

www.gartner.com

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