In 2018, the Internet contributed 3.9 trillion rubles ($61.1 billion) to the Russian economy — up 11% from the previous year — according to an impressive report about Russia’s Internet economy and regulation released yesterday by the Russian Association of Electronic Communications.
E-commerce generated a large chunk of this income — about 1.95 trillion rubles ($30.5 billion). Marketing and advertising brought in another 263 billion rubles ($4.1 billion); Internet infrastructure, including domain, hosting, and cloud services, earned 106 billion rubles ($1.7 billion); and media and entertainment generated 75 billion rubles ($1.2 billion).
The Russian Internet audience reached 92.8 million people, or 76% of the country’s population.
In 2018, Internet contributed $61 billion to Russia’s national economyRead More
Topics:
Data & Reports, Internet
