Alibaba registers Russian subsidiary

Alibaba registers Russian subsidiary

China’s leading e-commerce company Alibaba.com has registered a Russian subsidiary. On Tuesday (2 June) this week, Russian newspaper Kommersant quoted Mark Zavadsky, business development director for AliExpress in Russia and the CIS, as saying: “Alibaba Group founded a new company in Russia in order to further expand our business and support our partners, and also to facilitate cooperation with the Russian authorities.”

According to local reports, around 70% of international packages shipping to Russia in 2014 came from China – and most of this is driven by the e-commerce websites, with Alibaba well to the fore.

News Archive

Advertisement

MER Magazine


The Mail & Express Review (MER) Magazine is our quarterly print publication. Packed with original content and thought-provoking features, MER is a a must-read for those who want the inside track on the industry.

 

P&P Poll

Loading

Have letter volumes plateaued in the UK or will they continue to see a decline?

Thank you for voting
You have already voted on this poll!
Please select an option!



Pin It on Pinterest

Share This