Israel’s B2B market growing

Segment IT CEO Stav Shacham: E-commerce by retail chains exceeded NIS 8 billion in 2005.

“Israel’s B2B market has been growing very rapidly recently. 80% of Israel’s largest retail chains handle transactions with web-based systems,” said Segment Information Technologies CEO Stav Shacham yesterday.

Shacham said e-commerce by retail chains exceeded NIS 8 billion in 2005, and was expected to grow 50% this year.

Published by Globes [online], Israel business news - www.globes.co.il - on April 10, 2006

© Copyright of Globes Publisher Itonut (1983) Ltd. 2006

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