Kazakhstan's e-commerce sector has soared to 3.2 trillion tenge (around 6.2 billion U.S. dollars) in 2024, marking a sevenfold increase since 2020, according to Deputy Prime Minister Serik Jumanğarin.
Kazakhstan's e-commerce landscape has undergone a dramatic transformation over the past five years, with digital trade now accounting for 14.1 percent of the country's total retail turnover. The surge from 476 billion tenge (approximately 918 million U.S. dollars) in 2020 to 3.2 trillion tenge in 2024 reflects not only shifting consumer habits but also targeted government support and infrastructure development.
Speaking in response to a parliamentary inquiry, Deputy Prime Minister and Minister of National Economy Serik Jumanğarin noted that despite the strong growth in online shopping, many Kazakh consumers remain cautious. Concerns over fraud and digital trust continue to drive a preference for traditional brick-and-mortar retail.
Kazakhstan is currently home to 104 registered e-commerce platforms, including dominant players such as Kaspi.kz, Wildberries, Ozon, and Halyk Market. These platforms are central to the country's digital retail economy, offering a wide range of goods and services nationwide.
To support this expanding ecosystem, significant investments are being made in logistics and delivery infrastructure. National postal operator Kazpost is developing 85,000 square metres of warehouse space across key cities including Almaty, Aktobe and Turkistan. Private sector giants Wildberries and Ozon are also ramping up their presence with the construction of new logistics hubs in Almaty and the capital, Astana.
Jumanğarin also highlighted improvements in digital payment security. Global payment providers Visa and Mastercard have introduced artificial intelligence-driven tools aimed at reducing fraud and enhancing the customer experience for online transactions.
The Kazakh government continues to prioritise the digital economy as part of its broader modernisation agenda, with e-commerce positioned as a key driver of domestic growth and international trade integration.
While addressing the 81st session of the UN General Assembly, U.S. President Donald Trump said he believes Washington and Tehran will reach a deal ...
Ukrainian President Volodymyr Zelenskyy said Kyiv was ready to halt strikes on Russian energy facilities if Moscow stops targeting Ukraine’s ...
Azerbaijan and the Czech Republic have been strategic partners for more than a decade. In an exclusive int...
Ukrainian President Volodymyr Zelenskyy said Kyiv was ready to halt strikes on Russian energy facilities if Moscow stops targeting Ukraine’s energy sector, critical infrastructure, and food exports, as he prepared to meet U.S. President Donald Trump in New York.
While addressing the 81st session of the UN General Assembly, U.S. President Donald Trump said he believes Washington and Tehran will reach a deal after the U.S. midterm elections.
Iran's military has threatened to launch sustained attacks on U.S. bases and interests across the Middle East if Washington resumes military action against Tehran.
Overnight Russian strikes on the city of Sumy, northeast Ukraine, have killed one woman and injured a man, the country's State Emergency Service has said.
Russian parliamentary elections have delivered a comfortable win to the ruling United Russia party, which is closely aligned to President Vladimir Putin. With more than 95 per cent of ballots counted, United Russia has taken 57.83 per cent of the vote, up from the 49.8 per cent it won in 2021.
The World Food Programme (WFP) is scaling up its emergency response in Yemen as renewed fighting forces tens of thousands of people from their homes, putting further strain on the country’s already fragile food system.
Azerbaijan and the Czech Republic have been strategic partners for more than a decade. In an exclusive interview, AnewZ's Orkhan Amashov posed some questions to the Czech Deputy Minister of Foreign Affairs, Marie Chatardová, about how the two countries' relations continue to evolve.
The Houthi offensive in Yemen is extending beyond the country's civil war, adding pressure to two of the Middle East's most important maritime trade routes and raising risks for energy, shipping and food supplies.
A gunman opened fire near a high school in western Türkiye on Tuesday morning, injuring 11 people before being detained by police, according to local authorities.
While addressing the 81st session of the UN General Assembly, U.S. President Donald Trump said he believes Washington and Tehran will reach a deal after the U.S. midterm elections.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment