Russian online retailer Ozon plans to spend more than $300 million on its logistics in the upcoming two to three years. The retailer's aim is to enlarge its market share in Russia's crowded e-commerce market. Analysts expect the market to grow significantly in the coming years as large companies, such as Yandex and Mail.ru, compete for their fair share. Ozon has a wide and
Russian online retailer Wildberries comes to Europe
Russia's biggest online retailer Wildberries is planning its launch in Europe. The online company is building a new logistics centre in Slovakia of about 300,000 square meters. While finalisation might take up to one and a half year, the Russian retailer aims to start selling online in Europe this year. The construction of the new warehouse will cost about 200 million euros.
French FM Logistic expands in south Russia
FM Logistics, a French founded company, expands its logistics activities to the south of Russia. Here, it has opened a 35,000m2 warehouse near the city of Rostov-on-Don. The new warehouse is built to service the region's growing food, retail and manufacturing markets. The logistics company has been active in Russia for close to 25 years, making it an experienced service
Green light to free returns on AliExpress in eight countries
Alibaba Group started to allow merchants who are trading on AliExpress to offer their shoppers free returns in eight countries. When the pilot is successful Alibaba Group might rollout this functionality of the Chinese marketplace on a wider scale. The pilot programme will see merchants selling in the United Kingdom, the United States, Canada, Spain, Germany, France, Russia
Online scammers’ best friends: China, Russia & the Netherlands
A research collaboration between Scamadviser.com and REACT has analysed over 65 million websites. Based on its data, it identified a top eight of hosting companies and registrars who support the most unreliable websites in the world. Basically, all an online scammer needs is a domain name and a hosting provider to do its business. Registering a domain name always involves a