The online marketplace eBay and Russian Post have signed a memorandum of cooperation in order to reduce the time of delivery of goods to Russia from the company’s major markets. The agreement on the joint delivery of parcels was signed by Vice-President of eBay Wendy Jones and Director of Russian Post Dmitry Strashnov. Both customers …
eBay and Russian Post agree to accelerate cross-border deliveries to Russia Read More
Russia has witnessed its first case brought by the federal customs service against a local resident for trying to order a smartphone from a foreign online store. Eugene Yarutkin, a resident of Dimitrovgrad (Ulyanovsk region), was given the dubious honor when he ordered a Motorola Moto G with a data encryption feature from a German …
First charge recorded in a non-FSB-sanctioned foreign smartphone purchase Read More
Anna Chapman, the Russian businesswoman and alleged secret agent uncovered by the FBI in 2010, has teamed up with the Otto Group to launch an e-commerce shop dedicated to her own fashion brand. According to an agreement signed last month, the group’s logistic subsidiary eTraction will provide the warehousing, fulfilment, call center, and returns management …
Alleged ex-spy Anna Chapman to launch online shop with logistic support from Otto Group Read More
On Thursday Russia’s hot online travel market saw its third major venture funding operation in one month as OnlineTours, a reseller of package tours, closed a $7 million Series B round. The funds were brought in by a VC consortium that includes international funds e.ventures, Global Founders Capital and Holtzbrinck Ventures as well as Russia’s …
Illustrating the appeal of the kids goods segment, a group of Russian businessmen from the spirits industry have launched Mamagazin.ru, a new e-commerce site with an assortment of more than 5,000 items at start. The site serves all Russian regions via agreements with the Russian post and private carriers, reported business daily Kommersant. The project …
Utinet.ru, e96.ru and Sotmarket, three major Russian e-commerce companies, announced yesterday the completion of their merger process – started last year – into an integrated company, christened “Platform Utinet.Ru.” Part of the company’s stock is being floated on the Moscow exchange following Utinet’s IPO in 2011. The merger went through the acquisition of 100% shares …
Utinet.ru, e96.ru and Sotmarket.ru merge into one listed company Read More
Some foreign players panicked last week when they learned about the new rules adopted by the Russian parliament regarding the collection and storage of personal data – which will be allowed only on Russian territory starting from Sept. 2016. Concerns were fuelled by inflated media reports, including a Google Translate-based article that appeared on an …
Polish private equity fund MCI Management has teamed up with the European Bank for Reconstruction and Development (EBRD) to inject $7 million into Travelata.ru, a Russian online reseller of package tours. The amount invested by each of the two investors has not been disclosed. The funds will be used “to enhance further Travelata’s online services …
In late June Russian fund AddVenture teamed up with the Moscow Seed Fund, the venture arm of the Moscow city authorities, to inject a second investment tranche into Moscow startup ChefMarket.ru, following an initial investment in December last year. ChefMarket offers home delivery of food products based on recipes from renowned Russian and West-European chefs. Along with …
ChefMarket secures $300,000 from AddVenture and Moscow Seed Fund Read More
Earlier this week Shopfans.ru, a Russia-focused mail-forwarder and marketplace for US retailers, informed its consumers about a new delivery option to Russia through Kazakhstan, Russian newspaper RBK Daily reported. With both countries members of a customs union, this transit service allows buyers to circumvent the 150-euro tax-free limit on purchases from foreign retailers, which the …
On June 21, the Russian pizzeria chain Dodo Pizza and the Copter Express company delivered pizzas by drone. This happened in Syktyvkar, in the Republic of Komi, 1,000 kilometers northeast of Moscow. The company used the drone to deliver prepared pizza directly to a public park. When it reached its destination, the remotely controlled drone …
In northeast Russia, pizzas are delivered by drone Read More
Russia’s economy is cash based, and its delivery networks are shaky. To drive growth in e-commerce, Ozon had to create a proprietary distribution system, a new logistics and customer service model, and a highly engaged team. At first I didn’t want to have anything to do with Ozon. I was coming up for partnership at …
