21.01.2012 03:50 Uhr, Quelle: Engadget

EU online spending estimated to grow 16 percent, reach €232 billion in 2012

Pardon us Americans as we act surprised, but it turns out that we have one more thing in common with our Euro brethren: a growing number of us dislike shopping in stores. According to Kelkoo estimates, online spending in the European Union is projected to continue its upward trend, which is said to reach somewhere in the neighborhood of $232 billion before year's end. If the estimate holds, this would be a 16 percent increase over the $200 billion raked by e-tailers during 2011, and is naturally assumed to come at the expense of traditional brick and mortar outfits, whose growth is projected to increase by a mere 1.8 percent.The data gathered also suggest there's significant room for expansio

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