Four years since its launching in fall 2011, the Israel Bonds e-commerce site has surpassed $100 million in online sales, it was announced by Bonds President & CEO Izzy Tapoohi.
The Bonds organization, commonly known name of the Development Corporation for Israel (DCI), has secured nearly 35, 000 total transactions via the online site, encompassing more than 40, 000 bondholders. Notably, online sales have steadily increased each year, from $16, 395, 144 in 2012—the first full year of online sales—to $26, 784, 344 in 2014. Online sales for 2015 are currently at $27, 730, 908.
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The online milestone comes during a year marked by strong overall sales, as total U.S. Israel bond investments in 2015 are on pace to surpass $1 billion for the third consecutive year.
“Online investments have become an increasingly vital part of the Israel Bonds effort to expand sales and diversify our client base, ” Tapoohi said, adding that “Every single Israel bond investor shares the commonality of acquiring a strong investment and delivering a resounding ‘No’ to BDS supporters.”