Saudi Arabia's e-commerce market reached $2.7 billion in 2015

According to Zamar, chairman of the Wheat Processing Chamber of Commerce, the Wheat Processing Chamber of Commerce will work closely with the Dubai Alibaba e-commerce platform and the Dubai Chamber of Commerce to successfully introduce the Alibaba e-commerce platform to Saudi Arabia, promote the development of e-commerce in Saudi Arabia, and improve the business model of local companies to bring them in line with international standards.

Chairman Zamar said that the global e-commerce market size reached US$994.5 billion in 2015 and is expected to reach US$1.5 trillion in 2018. Looking at the Gulf region, in 2015, the e-commerce market size in Saudi Arabia was US$2.7 billion and in the UAE was US$5.1 billion.