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

Textiles | On 22nd Jul 2017

Govt constitutes GST Feedback and Action Room

The Government of India has constituted a Feedback and Action Room...

Textiles | On 22nd Jul 2017

India’s cotton textile exports fell in FY17: Tamta

The overall export of cotton textiles from India declined in 2016-17...

Textiles | On 22nd Jul 2017

Stella McCartney, Bolt Threads partner for eco fashion

Fashion designer Stella McCartney has partnered with Bolt Threads for ...

Interviews View All

Yashiki Gumber
Sahiba Fabrics

Fabric does not restrict us from fashion trends

Manuj Terapanthi
Texaura

Transparent supply chain and fair trade will boost sustainable market

Mohammad Mamun Ar Rashid
UL VS Bangladesh Ltd

Productivity, creativity and innovation play a vital role in the growth of ...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

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

July 2017

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

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

Yes No

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

Yes No

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


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



X