Tag: Franchising
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The Growing E-Commerce Market in Nigeria
Nigeria, home to the largest market in Africa and a population of over 200 million. In the last decade the online shopping market in Nigeria has changed the way people shop and has allowed Nigerians to access goods internationally. The online shopping subsector had an annual growth of 20.5% in the period of 2019-2023. This…
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Unlocking the E-Commerce Goldmine: The Hidden Power of Sweden
Ranking 26th in terms of revenue, Sweden is a significant player in the global eCommerce market.The Swedish eCommerce market is expected to reach a staggering US $15,677.8 million by 2024,This impressive growth is not limited to a one-year phenomenon, as the market is anticipated tocontinue expanding at a compound annual growth rate (CAGR) of 4.5%…
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Turkey’s Rising Influence in Europe: A New Powerhouse
In the midst of numerous global challenges, a relatively new player has emerged, poised to fortifyEurope’s semiconductor sector: Turkey. With its strategic location between Europe and Asia, Turkeyis rapidly becoming one of the most significant tech and semiconductor producers and distributorsamong non-EU states within the European zone.Strategic Investments and GrowthTurkey’s emergence in the semiconductor industry…
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Trends and Opportunities in Freight Forwarding
The international freight transportation market has seen exponential growth, reaching approximately ¥14 trillion in 2022, a testament to its pivotal role in the scaffolding of global trade (Source: IBISWorld). This remarkable growth trajectory is not only a reflection of burgeoning global economic activities but also highlights the increasing interdependencies among nations, especially in the thriving…
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Introducing MBE: Pioneering Franchise Expansion in Japan
In the realm of Japan’s franchise market, MBE leads the way with innovative strategies driving its growth. In 2023, the introduction of foreign brands in Japan’s service sector saw a remarkable 7% increase from the previous year (Source: Japan Franchise Association). This growth underscores Japan’s openness to international business collaborations and a rising demand for…
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Investing in the Brazilian CEP Market: Opportunities and Potential
The Brazilian Courier, Express, and Parcel (CEP) market is an increasingly attractive investment opportunity. As Brazil’s economy grows and the e-commerce sector booms, the demand for CEP services is surging. This article delves into the reasons why investing in the Brazilian CEP market could be a lucrative decision, exploring the market’s potential, growth drivers, and…
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Taiwan’s Franchising Opportunities
Taiwan is a developed country with China as their main trading partner, followed by the United States, the European Union, and Japan. Taiwan has a total GDP of 23.6 trillion New Taiwan dollars or 805.4 billion U.S. dollars (in current prices) as of 2023, with GDP growth forecasted to grow 3.1 percent in 2024. Taiwan…