E-Commerce

Omnichannel, digital transformation, customer engagement discussed by thought leaders in major conference (London, June 20-22)

eTail Europe, a leading international industry event, will be held from 20-22 June, 2017, at the Queen Elizabeth II Conference Center in London. It will bring together the top mind of Europe’s most successful retailers to discuss the current challenges faced by the retail industries, and how they can work with ecommerce innovators to transform their …

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90% of Russian e-commerce players and experts expect further strong market growth

Earlier this month Moscow played host to EcomWeek, a large event dedicated to online retail in Russia. Over 300 companies came to discuss all aspects of this fast-growing markets — from infrastructure, to technologies, to services, to the HR and legal environment. The conference was co-organized by research agency Data Insight and East-West Digital News. The …

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Report: One third of Russian online consumers make purchases via smartphones

Yandex.Market, a major Russian e-commerce marketplace, has teamed up with GfK Rus to study the latest trends in mobile commerce in Russia. The survey was conducted in the autumn of 2016 based on online interviews. It involved 2,022 online consumers of 16 to 55 years of age, living in Russian cities of more than 100,000 inhabitants. The survey targeted …

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SaaS e-commerce startups from across Europe invited to international acceleration program

EGI Booster, one of the very few e-commerce startup accelerators on the global tech scene, is inviting startups to participate in its first session, which will start in May 2017. Applications are open until April 30. Startups from anywhere in the world are eligible, but EGI Booster has a strong interest in startups from Eastern Europe,which usually demonstrate …

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VK now supports payments to e-merchants and online communities

E-merchants selling their services and goods via Vkontakte (VK), the number one social network in Russia, can receive payments from VK users more easily, with the money being sent to administrators and editors of events, public pages and communities in messages. In addition to stimulating social commerce, these features are presented a first step towards transforming public …

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Russian OTA Onetwotrip secures $3 million from Bank Saint Petersburg

Moscow-based online travel agency Onetwotrip.com has raised $3 million from Bank Saint Peterburg, the Russian business daily Vedomosti learned last week from company CEO Mikhail Sokolov. The company had previoulsy raised significant amounts from Swedish fund Vostok New Ventures — $4 million in 2015, $2.5 million in H1 2016, and $5.8 million agreed in December 2106. A major Russian bank, Bank …

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AliExpress launches first e-commerce live video service in Russia

AliExpress, the Alibaba subsidiray, has just launched ‘AliExpress LIVE,’ a video service which allows customers to buy the displayed goods immediately. Thus sellers, bloggers and brands will benefit from a new channel to promote their offerings on the marketplace in connection with social networks. The video service is available only to brands and bloggers approved by AliExpress. There …

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

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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Bank Saint Petersburg invests in children’s goods online retailer Babadu

The recently created venture arm of Bank Saint Peterburg has made its first investment — a capital injection of 200 million rubles, or some $3.2 million at the current exchange rate — in Babadu, a major online retailer of children’s goods. The news was reported earlier this month by Russian venture blog Firrma.ru based on …

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

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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EcomWeek, the Russian online retail festival (Moscow, April 4-6)

Dedicated to all aspects of Russian e-commerce — from infrastructure, to technologies, to services, to the HR and legal environment — this three-day event will feature 8 conferences and 10 workshops, and gather prominent businessmen and experts. No less than 80 speakers will share their vision of the market and the latest industry news. Among these speakers …

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eBay exports its Russian growth tactics to catch Amazon, Alibaba

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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