All Wildberries articles – Page 2
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ArticleThe Russian government may begin subsidizing online shoe exports
Russian marketplaces may be eligible to government subsidies for sales abroad, the Russian Industry and Trade Ministry said in a statement on its website. The government plans to spend 1.5 billion rubles (€16.3m-$19.7m) to support such exports between 2021 and 2023, but this figure is likely to be adjusted in ...
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News briefs
Wildberries faces strong demand for traditional Russian footwear
In the first weeks of 2021, Wildberries , Russia’s largest online retailer, registered a hike in demand for traditional Russian winter shoes such as felt boots and galoshes. According to the company, in early January demand in this segment grew by 60 percent compared to the same period in ...
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News briefs
Wildberries enters the German market
Wildberries , Russia’s biggest online retailer, has just rolled out its online store in Germany (de.wildberries.eu). Germany brings the number of markets in which the company operates up to ten. Wildberries began its expansion in Europe in 2020, starting with an online store in Poland. Most recently, it also entered ...
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News briefsWildberries has begun selling in Israel
Russia’s biggest online retailer, Wildberries , has stepped up its international expansion by entering the Israeli market, the company said in a statement. The company will be offering buyers in Israel up to 5 million items from 39,000 brands, including sports products, clothing, toys and household appliances. Purchased items are ...
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News briefsOzon enjoys a successful IPO
The e-commerce giant Ozon went public on Nov. 24 on the Nasdaq stock exchange in New York, and enjoyed one of the most successful initial public offerings (IPO) for a Russian business in years. The company managed to sell 33 million shares at $30 each, raising $990 ...
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News briefsRussian Post will deliver abroad goods bought on Wildberries
Russian Post has inked a contract under which the state-owned mail operator will deliver goods purchased on Wildberries ’ online store to customers outside of Russia. In Armenia, Belarus, Kazakhstan and Kyrgyzstan, where Wildberries has strong positions, Russian Post will deliver orders to the post offices of its ...
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News briefs
Wildberries faces sanctions in Ukraine
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 ...
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Article
Obuv Rossii offers pick-up points for Wildberries clients
Obuv Rossii has concluded an agreement under which the clients of Wildberries , Russia’s largest online retailer, can pick up their orders in the stores of the Russian footwear group. The first pick-up points have started to operate in 100 Obuv Rossii locations in Siberia and the Far ...
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Article
Wildberries doubled H1 sales amid the Covid-19 pandemic
In the first half of 2020, the Russian online retailer Wildberries boosted turnover by 110 percent year-on-year to 178.7 billion rubles (€2.05bn-$2.42bn). In the second quarter alone, sales rose a record-breaking 123 percent to RUB 103.4 billion (€1.18bn-$1.4bn). In volume, sales tripled during the second quarter, when offline sales ...
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Article
Wildberries’ sales nearly double
In 2019, Russia’s biggest online retailer, Wildberries , expanded its revenue by 88 percent as compared to the previous year to 223.5bn rubles (€3.22bn- $3.54), the company said in a statement. The growth accelerated in December, when the turnover was 96 percent higher than in December 2018, with its website ...
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