Cross-Border Sales

Conference on luxury’s digital revolution: from eBay inspiration to 3D novelties

April 17, 2013

Earlier this month La Conférence Luxe & Digital gathered almost two hundred industry representatives, experts and journalists from Russia, France and the United States to share their experience and views on today’s digital trends in the luxury and fashion industry. Previously staged in Paris since 2010 and Moscow last year, the event was coordinated this …

Conference on luxury’s digital revolution: from eBay inspiration to 3D novelties Read More

Enter.ru CEO Sergey Rumyantsev: “Our 38,000 items are equally accessible via offline stores, virtual interfaces, catalogs, and call center.”

April 16, 2013

Dismissing the widespread cliché of Russians only being capable of cloning existing Western business models, Enter.ru is a hybrid offline/online retailer with no known equivalent in the world. Launched in early 2011, the company recorded 3.1 billion ruble in turnover the next year (approximately $100 million, including VAT), quickly asserting itself as a major player …

Enter.ru CEO Sergey Rumyantsev: “Our 38,000 items are equally accessible via offline stores, virtual interfaces, catalogs, and call center.” Read More

eBay enhances Russian version; launches first TV ad campaign

April 4, 2013

Demonstrating the growing importance of its sales in Russia – which reached $400 million last year, – eBay announced yesterday a series of enhancements to its Russian-language version as well as specific marketing initiatives. The new Russian-language functionalities encompass several key areas such as the product categories, search capabilities, and seller descriptions. Russian online shoppers …

eBay enhances Russian version; launches first TV ad campaign Read More

Sendmebox.ru raises $300,000 to build cross-border marketplace

April 4, 2013

A group of e-commerce entrepreneurs from Rostov-on-Don in southern Russia has secured $300,000 in equity investment – including $200,000 from the Moscow Seed Fund and $100,000 from angel investor Andrei Golovin – to launch Sendmebox, a platform to help Russian online customers shopping on foreign sites. A few months before site launch, the deal valued …

Sendmebox.ru raises $300,000 to build cross-border marketplace Read More

Leading French interactive agency aims to help brands develop from Paris to Moscow to Shanghai

April 2, 2013

Altima, an e-commerce-focused interactive agency established in France in 1998, is strengthening its presence in China and making its first steps on the Russian market through the acquisition of THEM, an independent agency operating in Beijing, Shanghai, and Moscow. In addition to serving local clients, Altima will help companies launch their digital and e-commerce activity across …

Leading French interactive agency aims to help brands develop from Paris to Moscow to Shanghai Read More

OZON Group reached $492 million GMV and $250 million net sales in 2012

March 28, 2013

The OZON Group, comprised of OZON.ru, O-Courier, OZON.travel, Sapato.ru and eSolutions, has today announced its financial results for the fiscal year ending December 31, 2012. The company reached $492 million GMV [1] and $250 million net sales, growing by 67% and 55% respectively from the previous year. The announcement highlights the significant growth in revenue of …

OZON Group reached $492 million GMV and $250 million net sales in 2012 Read More

After central bank approval, PayPal continues its “journey” to Russia

March 19, 2013

After a week of rumors, PayPal confirmed last Friday that the Central Bank of Russia has approved its application to register as a full-fledged payment operator in Russia. Although PayPal considers Russia to offer “one of the biggest growth opportunities” for its development, it has taken no less than three years for the international payment …

After central bank approval, PayPal continues its “journey” to Russia Read More

New Russian high tech fund to invest up to $20 million in startups across the globe

March 18, 2013

In a new illustration of the vibrant activity of the Moscow venture scene, Maxim Shekhovtsov and Alexander Zhurba – founders of TexDrive, one of the city’s largest startup accelerators – announced last week the creation of a fund dedicated primarily to IT projects in Russia and around the world. Christened Genezis Capital, the fund actually …

New Russian high tech fund to invest up to $20 million in startups across the globe Read More

Avito.ru, Slando.ru and OLX.ru merge to create online classifieds giant

March 12, 2013

Avito.ru, Russia’s leading classifieds site by number of users, is merging with its competitors Slando.ru and OLX.ru, creating the fifth most popular Russian website, with more than 100 million page views a day, The Financial Times reported this morning. As part of the deal, Slando and OLX will be folded into the Avito brand. The …

Avito.ru, Slando.ru and OLX.ru merge to create online classifieds giant Read More

The Luxury, Fashion, Lifestyle & Digital Business Conference is coming back to Moscow

March 11, 2013

HUBFORUM – “La Conférence Luxe & Digital,” the first business event dedicated to digital luxury, lifestyle, and fashion, will hold its second Moscow edition on April 2, 2013, on the final day of the Mercedes-Benz Fashion Week Russia. The conference, which will gather leading fashion, luxury and digital marketing professionals from Europe and the USA, will explore …

The Luxury, Fashion, Lifestyle & Digital Business Conference is coming back to Moscow Read More

Cross border sales operator BayRu named US ‘Exporter of the Year’

February 22, 2013

Illustrating the booming growth of online cross border sales, BayRu (Bay.ru), an Ilinois-based operator selling goods from the USA to Russian consumers, has been named a 2013 Exporter of the Year award winner by ThinkGlobal Inc., publisher of Commercial News USA, the official export promotion magazine of the U.S. Department of Commerce. Criteria on which …

Cross border sales operator BayRu named US ‘Exporter of the Year’ Read More

Rocket Internet’s Foodpanda launches in Russia and 11 other new countries

February 12, 2013

Rocket Internet’s online food delivery platform Foodpanda is expanding to twelve new countries, bringing the total markets the company is in to 23. New managing director Ralf Wenzel is heading the global roll-out. The platform is moving fast on its global roll-out. Over the past few weeks, it launched in Brazil, Chile, Ghana, Hungary, Ivory Coast, …

Rocket Internet’s Foodpanda launches in Russia and 11 other new countries Read More

Scroll to Top

This site is under maintenance. Sorry for the inconvenience.

This site is under maintenance. Sorry for the inconvenience.