UAE holds 53 per cent market share of e-commerce in GCC with 80 per cent internet penetration
GCC e-commerce market expected to grow to $20 billion (Dh73.4billion) by 2020 from $5.3 billion in 2015
Dubai, UAE, November 10, 2016: With the UAE holding 53 per cent market share of e-commerce in the GCC, MyUS.com has expanded its service portfolio to accommodate local consumers’ demands. MyUS.com, America’s leading shipping service for global shoppers who purchase US goods online, has now incorporated Arabic language services and industry-low shipping rates to its offerings.
As a result, customers residing in the UAE can now access MyUS.com in Arabic (MyUS.com/ar/), visit its Arabic Facebook page (facebook.com/MyUSArabic/) to get the latest deals from the US, and receive substantial savings on shipping costs through low rates and combining multiple purchases into one shipment. The aim is to cater to the region’s growing demand for US goods and bridge the gap for commodities that are unavailable.
MyUS.com CEO Ramesh Bulusu, who is currently visiting the UAE, said, “With the speed of technology adoption sky rocketing, consumers are looking for simpler and faster ways to purchase the products they want. Increasing internet penetration, safe and secure payment methods along with access to a whole new range of product portfolios, have all played a significant role in creating a market shift toward e-commerce.”
Over the past year, consumer shipments from the US to the UAE from merchants such as Amazon, Colourpop, GAP, and Zulily have seen increases of up to 133% reaffirming the increased demand. Specifically, MyUS.com data shows that beauty and cosmetics brands like Kylie Cosmetics, Morphe Brushes, Dose of Colours, BH, and Mac have shown the fastest growth trend among local consumers.
“With the e-commerce market across the GCC expected to grow to 73.4 billion dirhams by 2020*, we continue to further enhance our services to meet consumers’ expectations. MyUS.com offers local shoppers a sheer variety of products from American online retailers across all categories, including apparel, beauty products and electronics, now available at their fingertips,” added Bulusu.
MyUS works by providing customers with a personal MyUS shipping address to use when shopping US websites like Ralph Lauren, Amazon, Nordstrom and Forever 21. When customers enter their MyUS address as the “ship to” address, they bypass any retailer shipping restrictions and their goods are forwarded to the secure MyUS facility in Sarasota, Florida USA. Parcels are then re-packaged using lighter protective materials. At the customer request, multiple purchases are repacked into a single shipment for maximum savings and shipped overseas to the customer’s door.