Letter from Russia

• Yandex.Market, in new joint venture, seeks non-Russian sellers

  March 27, 2018 • Maksim Komonov

  A leading Russian bank and the largest online Russian marketplace have announced a joint venture that will likely improve cross-border ecommerce. Sberbank is the largest and most trusted saving bank in ... Read Full Column »

• 4 payment aggregators to use in Russia

  February 18, 2018 • Maksim Komonov

  In this post, I'll list four major payments aggregators in Russia. There are many more, but these four are trusted by Russian consumers and businesses, as well as international companies. When choosing a payment aggregator, consider these key points Read Full Column »

• 5 Russian fulfillment companies for cross-border ecommerce

  January 5, 2018 • Maksim Komonov

  In this article, I will profile five Russian companies that provide fulfillment services to foreign manufacturers and retailers, including customs clearance, returns, and marketing support. The market in Russia, according to the WBR Report, is number nine in the list of top expansion markets by U.S. brands. But small and midsized ecommerce merchants can expand into Russia, too, provided they master the local fulfillment and delivery challenges Read Full Column »

• Made in Russia: 8 brands for cross-border consumers

  December 6, 2017 • Maksim Komonov

  Exports from Russia consist mostly of natural resources — oil, gas, wood, gems, uranium. Russian consumer goods such as apparel, jewelry, and electronics do not have strong positions on the ... Read Full Column »

• 100 million Russians use social media every day

  November 2, 2017 • Maksim Komonov

  Roughly 100 million people in Russia visit at least one social network every day. The most visited social networks in Russia are as follows, in order. VKontakte YouTube Odnoklassniki Facebook Instagram Twitter The audiences strongly differ. Eighty ... Read Full Column »

• How to start selling in Russia

  October 16, 2017 • Maksim Komonov

  In 2016, ecommerce revenue in Russia grew 21 percent compared to 2015, to $16 billion. This is according to the Russian Association of Internet Trade Companies. The Association expects Russian ... Read Full Column »