Top 3 Russian e-commerce players capture 34% of market

By bne IntelliNews November 18, 2021

In 1H21 three largest Russian e-commerce marketplaces Wildberries, AliExpress and Ozon controlled 34.3% of the market, which is 10 percentage points higher than for the same period of last year, RBC business portal reported citing the data of InfoLine Analytics. As of the end of 3Q21 the share of top three players expanded further to 36.5%.

The e-commerce market of goods sales is expected to reach RUB4 trillion ($55.1bn) in 2021 and more than double to RUB10.5 trillion by 2025, according to InfoLine.

As followed by bne IntelliNews, it was already suggested that the "big four" Russian e-commerce operators AliExpress Russia, Wildberries, Ozon and Beru are set to outgrow the market and face imminent market consolidation, while internet major Yandex is also emerging as highly competitive e-commerce contender.

In 2020 the three largest e-commerce marketplaces were Wildberries (RUB437bn), AliExpress Russia (RUB229bn) and Ozon Holdings (RUB197bn). In the meantime, InfoLine estimates that Ozon has already beaten AliExpress in 4Q20 in terms of turnover.

However, AliExpress is still the leader in terms of active audience, with 42.9mn users visiting the marketplace at least one a month (35mn for Ozon and 32mn for WildBerries).

Read in IntelliNews Pro
Get IntelliNews Pro

Related Articles

EU, Uzbekistan forge partnership aiming to pave way for critical raw material supplies

The European Union on April 5 signed a memorandum of understanding (MoU) with Uzbekistan ... more

Brand Finance releases ranking of Uzbekistan's Top 20 most valuable brands

London-headquartered brand valuation consultancy Brand Finance has released its latest list of the 20 most valuable domestic brands in Uzbekistan. Leading the pack is Uztelecom, with a brand ... more

Kazakhstan and Uzbekistan’s combined IT exports surpass $800mn

Kazakhstan and Uzbekistan’s combined IT exports surpassed $800mn in 2023. The Kazakh IT sector's export revenue jumped from $50mn in 2020 to over $500mn last year. Astana Hub was a major ... more

Follow Us On

Most Read

  1. Russia’s war economy boosted by rising oil prices
    7 days ago
  2. Ukraine's birth rate plummets to 300-year low as country’s population collapses
    5 days ago
  3. Fresh evidence suggests that the April 2022 Istanbul peace deal to end the war in Ukraine was stillborn
    5 days ago
  4. Oil continues to flow to Israel via Turkey despite Erdogan’s vehement speeches on plight of Gaza
    5 months ago
  5. Iran vs Israel: Who is better equipped for war?
    9 days ago
  1. Russia could pay off its entire external debt tomorrow, in cash
    23 days ago
  2. Speculation swirls of “Men in Blue” in Crocus City Hall terrorist attack linked to FSB
    28 days ago
  3. Albanians campaign on social media to keep bus bridge created in freak accident
    1 year ago
  4. BRICS announce a blockchain-based payment system to create a common currency
    26 days ago
  5. UBN: Russia could take the Baltic states in 48 hours
    1 month ago

Reports

Dismiss