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

Global economic upswing became broader & stronger: IMF

Textiles | On 19th Apr 2018

Global economic upswing became broader & stronger: IMF

The global economic upswing that began around mid-2016 has become...

Courtesy: ITMA

Textiles | On 19th Apr 2018

ITMA 2019 expanding space due to overwhelming response

Due to overwhelming response, the exhibition space has been increased ...

BIDA’s Europe trip to showcase a different Bangladesh

Apparel/Garments | On 19th Apr 2018

BIDA’s Europe trip to showcase a different Bangladesh

The Bangladesh Investment Development Authority (BIDA) is taking a...

Interviews View All

Cindy McNaull
Cordura

We have broad range of options in durable fabrics

Headhonchos
Indian fashion industry

Cotton consumption will keep growing in the Indian fashion industry

Headhonchos
Textiles & allied industry

Textiles industry is always in the forefront in accepting latest technology

Sandip Bhojani, Manthan Patel

Krypthm Tradelink LLP is a Surat-based manufacturer of westernwear....

Vikas Banduke

Softech Controls Private Limited (SCPL) is a part of the Cotmac Group, an...

Harmeet Singh

New Delhi-based Jogindra Industries Private Limited provides an assortment ...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Marten Alkhagen
Swerea IVF AB

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

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Sidharth Sinha
Sidharth Sinha

<b>Sidharth Sinha</b> has contributed to the successful rebirth and...

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

Leave your Comments


April 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
69.9%
No
12.6%
Skip
17.5%

Total Votes: 103

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
63.1%
No
29.1%
Skip
7.8%

Total Votes: 103

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
87.4%
No
8.7%
Skip
3.9%

Total Votes: 103

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
82.5%
No
7.8%
Skip
9.7%

Total Votes: 103


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