Retail e-commerce boomed in France during 2008

Retail e-commerce boomed in France during 2008. The Fédération du E-commerce et de la Vente à Distance (FEVAD) reported that online sales rose nearly 30%, reaching €20.1 billion ($29.5 billion).

Such solid gains help explain why, despite the global financial crisis, most online retailers in France remain cheerful about their prospects in the coming year.