Russia's largest online retailer Wildberries has completed a controversial merger deal, its CEO said Tuesday, following a bitter takeover dispute that led to a deadly shootout at its Moscow office. Founder Tatyana Kim, Russia's richest woman, and her estranged husband Vladislav Bakalchuk have been embroiled in a public spat for months over...
1 Oct 2024
Russian e-tailer Wildberries has reported a turnover of 11 billion dollars for the year. The news was reported by Business of Fashion. In Q4 2021, sales on the platform amounted to 4 billion dollars, a 101 percent year-on-year rise. Wildberries forecast has them set for a 236 million dollar profit by the end of fiscal year 2021. The company will...
8 Feb 2022
Online retailer Wildberries has launched in the UK. This Wildberries’ 19th country of presence. The platform has previously launched in the US, Germany, France, Italy, Latvia and others. It originated in Russia, and is now the country’s biggest online retailer. 450,000 entrepreneurs sell goods through the platform. Residents in the UK will now...
21 Dec 2021
Business of Fashion has reported that Russia’s mass market fashion leader Wildberries has expanded to three Baltic states, including Latvia, Lithuania, and Estonia. This expands Wildberries to 14 countries outside of Russia. Wildberries has been on a major expansion plan that has seen its business expand to Ukraine and Germany. The company is...
23 Sept 2021
The large international online retailer Wildberries announces the opening of e-stores in Latvia, Lithuania and Estonia Customers can place their orders at lt.wildberries.ru, lv.wildberries.ru и ee.wildberries.ru in English and Russian languages, and soon mobile applications based on iOS and Android will be available. Wildberries offers its new...
Russia’s leading online retailer Wildberries has announced its entry into the European market. In January 2020, Wildberries started its sales in Poland. The company said in a statement that buyers can order goods from its website Wildberries.eu. Wildberries will open about 100 branded pick up points in Poland. “Poland was chosen as the first...
10 Jan 2020