Wildberries’ turnover rises 79% to 135 bln rbl in Jan–Mar

MOSCOW, Apr 5 (PRIME) -- Russian online retailer Wildberries’ turnover rocketed 79% on the year to 134.7 billion rubles in January–March, the company said on Monday in a statement.

Sales jumped 122% in units, the company said.

“Despite a high base of the previous year, the number of orders in January–March increased 108% on the year to 126.5 million,” Wildberries said.

The number of sellers increased by 70,000 units in January–March to 162,000 units.

“In 2021, we continue active development of the business – we’re building logistics centers in Russia, we’re getting ready to come to new countries and developing IT,” Development Director Vyacheslav Ivashchenko said.

(76.0734 rubles – U.S. $1)

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