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Alibaba and Eyeing the Russian Market

Coresight Research

Key Points

Chinese e-commerce companies Alibaba and are eyeing the Russian market. They have both recently formed partnerships with Russian companies in the e-commerce space.

  • Alibaba will form a joint venture AliExpress Russia JV with the Russian Direct Investment Fund and two Russian companies, MegaFon and Group.
  • partnered with Russian e-commerce platform Yandex.Market in a deal that will see the latter begin selling goods from this month.

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