One of Russia’s leading fashion retailers has launched international sales on Amazon, as companies from the region expand their online presence.
Russian e-commerce giant Ozon announced 239% year-on-year growth in the third quarter as online shopping continues to gain popularity in Russia.
Ultrafast grocery delivery company Buyk has announced further expansion across New York City just two months after its successful launch in Manhattan.
X5 Group, Russia's largest food retailer, is expanding its hard discounter network and betting on continued online sales growth as it aims to boost market share.
M.Video-Eldorado Group saw its mobile platform sales double in Q3 as Russia’s largest consumer electronics retailer pursues its hybrid OneRetail strategy.
Europe’s largest retail market may see sales from "ultra-convenience" stores more than double over the next five years.
Competition between grocery delivery services is intensifying in Western capitals, with emerging markets players set to dominate as entrepreneurs bring their expertise to developed markets.
Russian e-commerce players are investing heavily into expanding online products and services – and their strong financials show this strategy is paying off.