Alibaba and JD.com Eyeing the Russian Market

Executive Summary

Chinese e-commerce companies Alibaba and JD.com 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 Mail.ru Group.
• JD.com partnered with Russian e-commerce platform Yandex.Market in a deal that will see the latter begin selling JD.com goods from this month.