Cross-Border Sales

Russia teams up with eBay to stimulate online sales to foreign consumers

March 30, 2017

Earlier this month the Russian Export Center, a government-backed organization, agreed with eBay a joint program to help Russian companies reach foreign online consumers, the TASS news agency reports. Not only will these sellers have their goods featured on eBay, but the company’s Russian staff will also provide them with free consultations about how to start selling and promote …

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AliExpress to open representation in Russia and comply with personal data storage law

March 22, 2017

Last week Alibaba subsidiary AliExpress announced that it is in the process of opening a local representation. Since 2014, the Chinese marketplace has asserted its preeminence on the Russian e-commerce market, which reached some $26 billion last year. Company representatives also confirmed the company’s intention to comply with Russian legislation, including the law which requires to …

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eBay exports its Russian growth tactics to catch Amazon, Alibaba

March 27, 2017

EBay Inc. is exporting a method to boost cross-border sales it pioneered in Russia to 120 territories, as the online marketplace seeks to recapture growth in the face of competition from Amazon and Alibaba. In many places, EBay still means domestic classifieds; Americans mostly sell to Americans, Britons mostly to U.K. customers. But a few …

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Iurii Popolitov of Shiptor: “The Russian market is not reserved for Chinese players: Western sites have all their chances, too”

March 8, 2017

International players are eyeing the Russian e-commerce market, which reached some $26 billion last year (including $16 billion for physical goods), according to EWDN’s latest industry reports. In spite of the economic crisis in Russia and the ruble’s depreciation, Russia is still a land of opportunities for foreign players — Chinese and Western ones alike, — …

Iurii Popolitov of Shiptor: “The Russian market is not reserved for Chinese players: Western sites have all their chances, too” Read More

Russian e-commerce market tops $26 billion as international players seize opportunities amid crisis

March 1, 2017

Russia’s e-commerce market continued to grow at double-digit rates last year even as offline retail was severely affected by the economic crisis. According to the new edition of EWDN’s Russian E-Commerce Report, which cites data from Russian agency Data Insight, online sales in 2016 exceeded $26 billion, growing more than 20% year-on-year. Included in this figure are some …

Russian e-commerce market tops $26 billion as international players seize opportunities amid crisis Read More

Leonid Zondberg of DPD Russia: “Only large courier service providers can address the needs of giant e-commerce players”

April 28, 2017

This year DPD is celebrating its 25th anniversary in Russia. The company started its operations by transporting large-size equipment for the oil sector. In 1998, the Swedish post acquired a share in the company. In 2004, GeoPost – an international holding which is part of Groupe La Poste – acquired it. The company started serving …

Leonid Zondberg of DPD Russia: “Only large courier service providers can address the needs of giant e-commerce players” Read More

GeoPost acquires majority stake in Russia’s SPSR Express as local shipping market consolidates

February 1, 2017

Earlier this month GeoPost, a leading player in the European courier, express and parcel market, announced a plan to merge its fully-owned Russian subsidiary DPD Russia with another local service provider, SPSR Express. The French group simultaneously announced a partnership with Italy’s BRT and an acquisition in Brazil. GeoPost expects the Russia deal, which is subject to approval by …

GeoPost acquires majority stake in Russia’s SPSR Express as local shipping market consolidates Read More

Survey: Russians’ online shopping preferences in 2016

January 25, 2017

Last year the Russian e-commerce market reached reached approximately $16.3 billion in 2016 (physical goods only), including an estimated $4.3 billion for cross-border sales, mainly from China, according to EWDN’s latest industry report. A survey conducted in September 2016 by Yandex Market, a major online shopping aggregator in Russia, and GfK Ru, a market and consumer information company, highlights …

Survey: Russians’ online shopping preferences in 2016 Read More

Sberbank in talks with Alibaba to launch universal e-commerce platform in Russia

January 23, 2017

Sberbank, Russia’s national savings bank, and Alibaba Group are in discussions to create a joint venture that would include the Chinese group’s existing cross-border e-commerce businesses in Russia and neighboring countries. Among these businesses is AliExpress.ru, a B2C marketplace that has asserted itself as the largest e-commerce platform in Russia, far ahead of its foreign or even …

Sberbank in talks with Alibaba to launch universal e-commerce platform in Russia Read More

Chinese cross-border conference and expo (March 23-24 in Shanghai)

January 23, 2017

Over the past few years, the Cross-Border Ecommerce Conference & Exhibition has become the place to be for industry players and experts operating or interested in the Chinese cross-border e-commerce scene. The 7th edition of this event will take place in Shanghai on March 23-24 to highlight the latest market trends and the new issues faced by …

Chinese cross-border conference and expo (March 23-24 in Shanghai) Read More

Alibaba to develop logistic services in Russia

December 6, 2016

Cainiao, the logistics arm of Chinese e-commerce giant Alibaba Group, intends to launch its services in Russia, the business daily Kommersant reported today. The move will support the development of the group’s e-commerce activities in Russia. With almost 22 million monthly web users in Russia, Alibaba’s B2C marketplace, Aliexpress, is the leading e-commerce player in the …

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Bonusway secures €6.9 million in equity and debt financing to develop Russian cash-back platform 

November 22, 2016

Bonusway, a company which operates cash-back platforms in Finland, Russia, Sweden and Turkey, has received a capital injection of €3.7 million from Buran Venture Capital, a VC firm with Russian and Hungarian roots, and Finnish fund Vision Plus. A €3.2 million bank loan has been provided by Nordea and Finnvera as an additional part of the package. …

Bonusway secures €6.9 million in equity and debt financing to develop Russian cash-back platform  Read More

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