One of Russia’s leading fashion retailers has launched international sales on Amazon, as companies from the region move to expand their online presence. St. Petersburg-based Melon Fashion Group will now offer apparel under its brand befree on the world’s largest e-commerce platform, according to a company release. Melon Fashion operates four brands, specialising mainly in …
Russia’s Melon Fashion Group launches sales on Amazon Read More
Russia’s largest online retailer Wildberries has launched direct cross-border sales from Belarus, Kazakhstan and China to Russian consumers, the company announced on June 23, presenting the move as a pilot project. Cross-border delivery of goods will be carried out both by Wildberries’ own logistics service (for example, in Belarus and Kazakhstan) and via international logistics partners (in …
Wildberries launches cross-border sales to Russian consumers Read More
Wildberries, the number one Russian e-commerce company, is making its first steps on the US market with dedicated versions of its website and mobile app. The site’s URL, us.wildberries.ru, betrays its Russian origin, while no US suppliers have been onboarded for the moment, as reported by Kommersant. Deliveries will be carried out from Russian warehouses with the help …
Russian e-commerce leader makes first steps on US market Read More
In late February Wildberries, the number one Russian e-commerce company, launched in three new EU countries: France, Italy and Spain — just weeks after its debut on German soil. Through localized web and mobile interfaces (France, Italy, Spain), online shoppers from these three countries can access more than four million products from some 40,000 brands — from …
Russian e-commerce leader Wildberries launches in France, Italy and Spain Read More
Wildberries, the number one Russian e-commerce company, announced yesterday its launch in Germany in the latest stage of its international expansion. Through a localized interface, German online shoppers can access more than four million products — from fashion items, to electronic and household appliances, to books, to sports items, to cosmetics and more. The Russian company …
Russian e-commerce leader Wildberries launches in Germany Read More
Earlier this month eBay announced it is putting 100 million rubles ($1.37 million at the current exchange rate) in a new program to support Russian online retailers in their effort to develop sales abroad. Dubbed ‘Open To All The World,’ the program targets specifically entrepreneurs who register on eBay for the first time and make available …
eBay teams up with Russian authorities to help Russian e-merchants sell globally Read More
ThePaypers, a major online publication dedicated to the payments and related industries, has just released its ‘Cross-Border Payments and Commerce Report 2019 – 2020.’ Available for download free of charge, this 144-page document depicts the major trends driving growth in cross-border payments, cross-border commerce, and marketplaces. It is intended for international retailers, global shipping companies, …
Cross-border payments and commerce report 2019–2020 Read More
International brands and retailers selling to Russia, or considering doing so, are invited to participate in an online survey. They will receive the research report free of charge upon release. While Russian e-commerce is entering a promising development cycle, information about this market is hardly available to international audiences. Not only is the topic rarely …
Russian e-commerce research: Market analysis, operational challenges, players’ strategies Read More
Last month Ingenico Group, a global leader in seamless payment, launched a domestic processing and cross-border settlement offer to make easier international payments involving Russian online consumers. The offer is intended for international merchants without a Russian legal entity to avoid the cross-border transaction fees that are imposed by acquiring banks outside of Russia. As …
Ingenico’s new solution aims to process cross-border payments from Russia more easily Read More
As the Russian e-commerce market is entering a new growth and concentration cycle, the joint venture formed by Yandex and Sberbank, launched two online marketplaces over the past few weeks. One of them, dubbed ‘Beru’ (“I’ll take it”), became fully operational in early November, after five months of beta testing. The platform features “over 1,000 retailers and …
Yandex and Sberbank launch two marketplaces, aim for e-commerce leadership Read More
Odnoklassniki (OK), a major Russian language social network owned by Mail.Ru Group, has launched a marketplace in Kazakhstan in a bid to challenge Chinese and US global e-commerce giants. The OK marketplace intends to make available no less than 30 million items, including fashion items, electronics goods, home appliances, cosmetics, car spare parts and other …
Last month AbeBooks, an online book retailer founded in 1995 (acquired by Amazon in 2008), announced its intention to close bookseller accounts in Czechia, Hungary, South Korea and Russia, starting from Nov. 30. Activities in these countries are “no longer viable to operate due to increasing costs and complexities,” AbeBooks stated. AbeBooks’ service will continue in …
