E-Commerce

KupiVIP e-commerce properties to merge under one single brand and portal

November 5, 2014

The e-commerce properties of the KupiVIP holding — which include, in particular, fashion flash sales sites Kupivip.ru and Kupiluxe.ru as well as e-store ShopTime.ru — will be merged into a unique portal under the KupiVIP brand, the company’s general manager Vladimir Kholyaznikov told the Russian business daily Kommersant. The move is intended to consolidate the …

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Online Payments Market Guide 2014: A complete overview of the global payment scene

November 5, 2014

ThePaypers, an international online publication on the payment industry, has just released its “Online Payments Market Guide 2014,” the fifth edition of the yearly guide that provides fascinating insights into the global e-payments and e-commerce ecosystems. This year’s edition provides a comprehensive overview of the global e-payments landscape. Alongside ongoing market trends, developments and case studies, voices from …

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47% e-commerce growth reflects Eastern Europe’s enormous potential

October 30, 2014

With an average growth rate of 47% over the year 2013, the e-commerce market in Eastern Europe is comparatively showing the strongest increase in Europe. The projected online turnover of €23 billion for 2014 indicates that there is a lot of ground to gain in the region; only 34 million of 135 million Internet users are using the …

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Cross-border sales to Russia: super mild tax regime maintained

October 28, 2014

In what looks as a final decision after a long period of discussions and unconfirmed announcements, Russia Economic Development Minister Alexey Ulyukaev announced yesterday a new threshold for customs taxation affecting cross-border sales to Russian online consumers. These will continue to enjoy tax-free shopping through foreign retailers, as long as their purchases do not exceed …

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Online Retail Russia 2014: Senior e-commerce management to meet in Skolkovo on Nov. 27-28

October 28, 2014

This year, the annual Online Retail Russia conference will be held on November 27-28 at the Skolkovo Business School. With its unique format and content, this forum is designed for networking and the exchange of information between key market players. The event will be a mix of informative presentations, business contacts and informal networking for …

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KAYAK Russia GM Andrew Verbitsky: “Now we have 9 million keywords and nearly a thousand ad campaigns”

October 24, 2014

Online advertising in the Russian market offers strong opportunities for international competitors in a large number of industries. For example, digital advertising in Russia and specifically on Yandex, is proven to be more effective than advertising on the leading Russian TV channels. Below is an adaptation of the Yandex.Direct success story for the travel industry, which …

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“It’s not fair to call Ozon an Amazon clone,” CEO Maëlle Gavet says

October 20, 2014

As the largest e-commerce store in its region, Ozon has been called the “Amazon.com of Russia.” But this morning on stage at Disrupt Europe in London, Ozon CEO Maelle Gavet shot down the notion that her company should be called an Amazon clone. For one thing, she said, Ozon was founded 16 years ago, which was …

“It’s not fair to call Ozon an Amazon clone,” CEO Maëlle Gavet says Read More

Supply Chain & Fulfilment 2015 Congress: Join Tesco, John Lewis, Travis Perkins, ShopDirect.com to discuss solutions

October 15, 2014

With e-commerce sales in Europe anticipated to reach over £131.3 billion by year’s end, one of the biggest challenges this fast growing sector is facing is how to adapt their e-commerce and omni-channel supply chain and fulfilment operations to meet rapidly changing customer delivery expectations. To help with this, leading retailers including Tesco Group, John …

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Lawmakers drop Jan. 1 deadline for mandatory personal data storage on Russian servers

February 15, 2017

Last month, the lower house of the Russian parliament discussed new amendments to make personal data storage on domestic servers mandatory as early as January 2015 – instead of 2016 as previously foreseen by new legislation adopted this past summer. Those amendments were adopted in their first and second readings. The period allowed for compliance …

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Arvato Russia GM Michael Poetschke: “Some Western players have suspended their e-commerce plans for Russia, but the effect of the international tensions might also be positive.”

October 13, 2014

After more than 15 years on the market, Bertelsmann subsidiary Arvato Russia has asserted itself as one of the main fulfillment providers in Russia, both for traditional distance selling and for e-commerce operations. In this exclusive interview, CEO Michael Poetschke — who arrived in Russia almost 20 years ago — talks about the opportunities and …

Arvato Russia GM Michael Poetschke: “Some Western players have suspended their e-commerce plans for Russia, but the effect of the international tensions might also be positive.” Read More

Gazprom-Media to acquire new Russian Internet assets

October 13, 2014

Gazprom-Media, a leading media holding affiliated with gas giant Gazprom, is about to acquire an 82.7% stake in WebMediaGroup, the owner of several Internet and e-commerce sites in Russia. The planned acquisition was appoved last week by the Federal Antimonopoly Service, reported the e-commerce online portal Oborot.ru. The details of the transaction are unknown, but …

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Fastlane’s Autospot secures $3 million in Series A round

October 10, 2014

Car sales website AutoSpot has received $3 million investment from Russian venture fund SOL Ventures, tech entrepreneur Sergey Gabestro and a number of previous investors in the company. The news was reported earlier this month by Firrma.ru, an online publication on the Russian startup and venture scene. Launched in November 2013 by Moscow startup incubator Fastlane Ventures and business angel Dmitry …

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