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Housing Realty Group
 2185 Austin Heights
 New Westminster, British Columbia
 V3K 3R9 Canada


Headquartered in Hamburg, Germany, is one of the world’s leading secondary market research companies. We are committed to providing the most up-to-date and objective data on Global B2C E-Commerce and Online Payment markets to sector-leading companies worldwide.

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As the CEO and founder of, a respected, independent source of unbiased information on global E-Commerce, I invite you to read the Blog that we have created to highlight the latest impacts of the COVID-19 Pandemic on E-Commerce and online payment markets worldwide. 

Yücel Yelken  

CEO & Founder

This blog is part of a series of weekly insights that reveal the impact of the Coronavirus pandemic on global E-Commerce, Online Payment and many other vertical topics such as Online Travel, Cross-Border, Online Education etc. To be notified when new insights or data become available, subscribe below. 


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Weekly Blog, March 25th 2021

Weekly Blog, June 17th 2021

Merchants and consumers were challenged during the health crisis and were prompted to shift their payment habits from offline to online. The most commonly used payment methods in the region were credit and debit cards, followed by digital wallets. However, beyond the common preference for use of cards, ...........Read more

Weekly Blog, July 9th 2021

Globally, more than one-third of B2B buyers used marketplaces to purchase at least half of their products and services in 2020, while less than 10% of those surveyed did not use marketplaces. Moreover, after the onset of COVID-19, around one-fourth of B2B buyers significantly increased their purchases on marketplaces.  With that, for over half of B2B buyers ...........Read more

Weekly Blog, July 19th 2021

After the lockdown, consumers adopted even more strongly the alternative ways of payments when shopping due to the fact that they were faster, more secure and did not require any physical contact. Included in the range of new emerging payments in the Middle East and Africa were cryptocurrency, biometrics, QR Code and others. Moreover..........Read more

Weekly Blog, July 26th 2021

Furthermore, the Internet penetration rate in the Middle East was in 2020 was estimated at 40%, far lower than the 80-90% penetration rate of the leading global regions. In a pre-COVID-19 assessment, the value of the B2C E-Commerce market in the region was expected to increase by more than 20% Y-o-Y from 2019 to more than USD 20 billion by 2020.However, with the online shopping surge spurred by COVID-19,..........Read more

Weekly Blog, July 30th 2021

During the COVID-19 pandemic, the global business-to-business industry, despite being more resistant to change than retail sales, has increasingly started moving towards E-Commerce. Between 2019 and 2020, the value of B2B digital sales grew by almost 20%, and in February 2021, E-Commerce accounted for more than half of business-to-business sales globally.........Read more

Weekly Blog, March 17th 2021

Weekly Blog, April 15th 2021

In some countries of Western Europe, including Germany and Italy, the latter was even the first choice of online shoppers. Furthermore, despite the strong cash culture in Western Europe, mobile payment adoption increased in the region, especially after the onset of the COVID-19 pandemic.........Read more

Weekly Blog, November 25th 2020

Weekly Blog, December 2nd 2020

Weekly Blog, December 16th 2020

Weekly Blog, January 14th 2021

Weekly Blog, January 27th 2021

Weekly Blog, February 15th 2021

Weekly Blog, April 6th 2021

Weekly Blog, April 21th 2021

Weekly Blog, April 29th 2021

Weekly Blog, May 12th 2021

Weekly Blog, January 20th 2021

Weekly Blog, May 20th 2021

Weekly Blog, June 1st 2021

Weekly Blog, June 4th 2021

Weekly Blog, June 14th 2021

Weekly Blog, June 28th 2021

Weekly Blog, July 5th 2021

Specifically for E-Commerce, however, businesses preferred credit cards, terms (30-60-90), and mobile wallets. The fact that digitalization of business-to-business payments is important was understood by many players even before the pandemic. However, as the B2B industry is more resistant to changes than the B2C, especially when it comes to, ...........Read more

Weekly Blog, August 6th 2021

With the governmental restrictions imposed in 2020, businesses and consumers started adopting new ways of paying. Namely, mobile payments gained momentum in the region, with regional B2C E-Commerce leader Mercado Libre reporting that over 70% of its sales were done through mobile device. The leading country in the region in mobile online sales was Mexico. However, in spite of the strong smartphone penetration in the.........Read more

Among other contributors to that growth were the increased smartphone penetration, Internet access and high digital adoption rate. Asia-Pacific dominated in cashless transactions in 2020 and was forecasted to remain the global leader over the next 5 years as well, increasing at a CAGR of 16% from 2020 to 2025. China dominated the region and the world in mobile payments in 2020, with transactions valued at more than two trillion US dollars and adoption by 80% of all smartphone users..........Read more

Weekly Blog, August 20th 2021