Sales figures for Israeli companies marketed in James Allen were published: an increase of 59.6% compared to last year
The latest sales figures of Israeli companies on the James Allen website indicate that sales increased by 59.6% in the last six months compared with 2017 and by 279% compared to 2016. The first five months of 2018 resulted in sales of $ 9,634,000 on the site (before the returns) . Just for the comparison in the corresponding period in 2017, sales reached $ 5,869,000 and in 2016 sales amounted to only $ 2,467,000. "This figure shows more than anything that we have correctly read the map and predicted the significant entry of online trading as a major tool for the diamond trade," wrote Yoram Dvash, President of the Diamond Exchange on his Facebook page. "Today, the trend of increasing online trade is already an established fact and proves more than anything else that our approach to investing in the James Allen and Balebaba projects is correct and profitable." The IDI is successfully leading the activities of Israeli companies at James Allen, and has about 130 companies. Most of the customers come from the US market, stable and consistent, but there is no doubt that the significant growth teaches us that the technological revolution affects all of us, affects the economy as a whole, and therefore we see the growth in stable markets.