Home / Knowledge / News / Apparel/Garments / eBay launches domestic rollout in Russia
eBay launches domestic rollout in Russia
27
Oct '14
For the first time since its inception nearly a decade ago, the American multinational corporation and e-commerce company eBay has launched a domestic selling business in Russia.

As part of its ongoing expansion spree in emerging markets, the online retailer has established a domestic rollout that will allow Russian retailers to connect with customers throughout the country by selling directly on eBay.

While speaking on the new initiative, Vladimir Dolgov, the head of eBay’s operations in Russia, states “One of eBay’s core differentiators in Russia is that we make it possible for Russians to shop the world. Now, by opening our domestic business, we are enabling Russians to shop their own country, and we’re supporting retailers in their goals to expand in ecommerce.”

Wendy Jones, the vice president of geo-expansion and cross-border trade also revealed in a statement “We have been very clear – growing our business in Russia is one of our top priorities in eBay’s global expansion efforts.”

“Over the past 18 months, we have been on an ambitious, focused journey to build a business in Russia, and by opening up our platform for Russian merchants, we are helping them extend and grow their existing business by reaching Russian customers they historically could not serve,” she adds.

Launched with a phased approach, the new service will enable a small number of local retailers, including Wikimart.ru and e5.ru, to enlist over 60,000 items in the beginning and these numbers will grow throughout 2015. During this phase, retailers will reach domestic Russian shoppers only. The firm expects to open up the Russian retailers’ inventory to a global customer base during 2015.

In its constant endeavour to focus on the Russian market, the company has earlier launched a localized mobile presence, a Russian web site, more tailored marketing initiatives and promotions, and a series of improvements in shipping, payments and other areas to accelerate its plans for the country.

Founded in 1995, headquartered in San Jose, California, eBay specializes in providing consumer-to-consumer and business-to-consumer sales services via Internet. The retailer runs operations localized in over thirty countries. (PB)

Fibre2fashion News Desk - India


Must ReadView All

Turkish-Algerian JV to set up textile unit in Relizane

Textiles | On 17th Jan 2018

Turkish-Algerian JV to set up textile unit in Relizane

Construction of one of Africa's largest textile production...

Courtesy: Indorama Ventures

Textiles | On 17th Jan 2018

IVL, Huvis to enter JV for Low Melting Fibre plant in US

Indorama Ventures Limited (IVL), a global chemical producer, and...

Future Group to set up garment manufacturing in Bengal

Apparel/Garments | On 17th Jan 2018

Future Group to set up garment manufacturing in Bengal

Kishore Biyani-led Future Group is going to set up a garment...

Interviews View All

Siddharth Biyani
Mangalam Industries Pvt Ltd

‘The manufacturing sector is improving day-by-day, becoming better in...

Nuno Venda
ROQ

‘There has been an increase in demand for water based inks, rather than...

Manfred Mentges
Sedo Treepoint GmbH

We see a higher demand in colour management systems, as customers see big...

C Dhandayuthapani

MAG Solvics Private Limited was established in 1991 to design and develop...

Tejas N Patel, Navin D Patel

Founded in 1999 by Navin Patel in the name of Tejas Fabrics with 100...

Sugandha Bhardwaj

<div>New Delhi-based Brinjal Designs Pvt Ltd manufactures home furnishing...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Akta Adani
India Boulevard

India Boulevard is a San Francisco-based curated fashion marketplace that...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

January 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
68.8%
No
13.5%
Skip
17.7%

Total Votes: 96

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
63.5%
No
29.2%
Skip
7.3%

Total Votes: 96

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.5%
No
9.4%
Skip
3.1%

Total Votes: 96

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
82.3%
No
8.3%
Skip
9.4%

Total Votes: 96


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search