Ukraine may impose sanctions against Russia’s largest online retailer, Wildberries, according to a proposal by the Ukrainian Minister of Culture and Information Policy, Oleksandr Tkachenko. The recommendation was made after Wildberries announced plans to begin sales in Ukraine.
The minister called on the government to consider the possibility of applying “special economic and other restrictive measures” to online services that offer products and content of Russian origin, including Wildberries. No details regarding the measures considered have been disclosed yet.
In 2019, Wildberries became the biggest seller of shoes and clothes in Russia. In the first half of 2020, it boosted overall revenues by 110 percent year-on-year to 178.7 billion rubles (€2.05bn - $2.42bn).