Small business doubles JanЦOct sale on Wildberries to 396 bln rbl - Consumer Goods & Retail - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

Small business doubles JanЦOct sale on Wildberries to 396 bln rbl

MOSCOW, Nov 24 (PRIME) -- Total sales of small and medium-sized enterprises (SME) on Russian online marketplace Wildberries leaped by 98% on the year to 395.7 billion rubles in JanuaryЦOctober, the online retailer said on Wednesday in a statement.

УThe countryТs businessmen and self-employed become more active in developing their sales via online channels because it allows them to scale up their business with the lowest investment and without the need to invest in creation of logistics infrastructure,Ф Wildberries said.

The retailer said that about 400,000 businessmen sell their goods on Wildberries.

УSince the beginning of 2021, their number has increased by 300,000 Ц a record number in the companyТs 17-year history. About 90% of all sellers of the online floor are represeantives of SME and self-employed,Ф the statement read.

(74.8327 rubles Ц U.S. $1)

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24.11.2021 11:38
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