“Eastern Europe has generated a brilliant generation of tech entrepreneurs whose companies are now reaching maturity,” concurs EWDN chief editor Adrien Henni in his CrunchBase column.
Leading Russian online retailer Ozon announced it beat growth expectations for 2021 as e-commerce continues to grow.
Melon Fashion chairman will transfer a portion of his shares in the company to nearly a quarter of employees across all professional levels.
One of Russia’s top fashion retailers has launched international sales on Amazon as companies from the region expand their online presence.
Russian e-commerce platform Ozon posted 239% growth in 3Q 2021 as the company expands its logistics to meet booming demand.
Ultrafast grocery delivery company Buyk has announced further expansion across New York City just two months after its successful launch in Manhattan.
High inflation could be a boon for value retailers in Russia as economic drivers accelerate a shift in consumer preferences.
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.
Buyk, a real-time service promising grocery delivery within 15 minutes, has launched in Manhattan with the aim to cover all five boroughs by end of 2021.