Cash upon receipt is also very popular, because Russian shoppers are generally distrusting of the safety of online transaction. Russian online shoppers mostly use a credit card or debit card: in 2020, over 90 percent of consumers payed by card online.
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Looking for ecommerce software to start selling in Europe? Webador and Shopify are platforms that are well optimized for cross-border ecommerce. Top product categories in Russia by revenue share (2021): Moreover, 46 percent of Russian people shopped online in 2020 according to RetailX. This number has been growing steadily since 2015.
In 2020, 85 percent of Russians had access to the internet. Over 143 million people live in Russia, which makes it the 9th most populous country in the world. Latest ecommerce news from or about Russia.Forbes Magazine is listed as the 10 most notable new Billionaires of 2019. In 2020, Wildberries started working with European Union and launched a sale in Poland. In 2018, they pulled in $1.0 billion in sales and attracted 2 million daily visitors. It manages more than 48,000 employees and sells around 37,000 brands and processes 75,000 orders a day. The number of branches is fifteen all over Europe and United States. Besides Russia, they have branches in different countries like Armenia, Belarus, France, Germany, Italy, Poland, Spain, Turkey and some other countries. It is the largest online retailer founded in 2004 by Tatyana Bakalchuk at the age of 28 itself. In 2019, the orders from the public got doubled. It offers 9 million products across 20 product categories. The current CEO is Alexander Shulgin who served as a Chief Financial and Chief Operating Officer of Yandex which is the best search engine in Russia. Sometimes it is referred to as the “Amazon of Russia.” It was one of the three biggest online retail platforms in the country by 2019. According to Forbes, Ozon is the leading market player and one of the most valuable internet companies. This is a Russian online retailer that operates e-commerce companies in Russia. There are a lot of happy customers for this company from all over Russia. The headquarter is located in Vladivostok. In 2019, it became the 6th largest and in 2021, it lost the place and came in the position 22nd largest private company in Russia. This Retail company specializes in selling Computers, Electronics and household goods. The category of products that they sell the most is Electronic and media products. In net sales, the global rank of this company is 104. Its net sales are generated almost entirely in Russia. This became an all-rounder store one can get everything they wanted. They first started with electronic and media products but now they also sell Toys, Hobby and DIY, items of furniture and appliances. This e-commerce website was launched in 2008. This company started its operation in1993 with over 330 stores in 144 Russian cities as well as 38 online stores.M.video offers its customers approximately 20,000 SKU of audio/video digital, home appliances and media products with accessories. M.video is the largest Russian consumer electronic retail by revenue and the first company that publicly-traded company in its market sector.
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