Russian e-commerce majors are closing deals with alcohol distributors, possibly preparing for the possible legalisation of online alcohol sales, Kommersant daily reported.
As followed by bne IntelliNews, Russia is anticipated to permit online sales of alcohol, which has been discussed by watchdogs since 2020. Allowing online sales of alcohol would be a major boost for e-commerce companies, as well as a catalyst for Red & White wine retailer and distributor, which is reportedly preparing for an IPO.
Now e-commerce major Ozon Holdings has closed a deal with SimpleWine alcohol retailer and distributor, allowing online shoppers to pre-book up to 1,500 articles from the assortment of SimpleWine in Moscow with pick-up, Kommersant writes.
In the meantime, VinLab chain, part of the major distiller Beluga Group, is co-operating with the SberMegaMarter e-commerce platform of Russia's largest state-controlled bank Sber. SberMarket also allows pre-booking of alcohol from Metro, Auchan and Selgros, and other retail chains.
Related Articles
S&P upgrades ratings of Freedom subsidiaries to ‘BB-’
S&P Global Ratings has upgraded the credit ratings of several subsidiaries of Nasdaq-listed Freedom Holding, raising ratings on Freedom Finance, Freedom Finance Europe, Freedom Finance Global and ... more
Kazakhstan’s Freedom fintech sets out to emulate and exceed Revolut in Europe
Freedom Holding Corp (Nasdaq: FRHC) is positioning itself to expand deeper into Europe’s financial services market with plans to launch a digital bank in France, backed by a €500mn ($572mn) ... more
Fintech Freedom Holding aims to make France key entry point into EU with €500mn investment
A French banking licence would open the way to a new phase in the international expansion of Nasdaq-listed fintech group Freedom Holding Corp. That’s the expectation of Freedom, a company ... more