The Wildberries company has registered a subsidiary, the microcredit company VB Finance LLC. This has been reported “Vedomosti”.
“Wildberries founded the company on December 20, according to publicly available data. Registered capital is 10 million rubles. “The new microcredit company will specialize in consumer loans, industrial loans, real estate secured loans, home purchase loans,” the release states.
Wildberries explained to the publication that this step creates a legal basis for the development of key business areas; For example, it is planned to offer lending services to sellers.
Additionally, Wildberries announced that it plans to register the companies “VB Fashion”, “VB Sport”, “VB Charm”, “VB Trend” and “VB Food”, which will develop certain types of business of the main market.
On December 18, it was learned that the largest Russian markets will create Digital Platforms Association. It will include Wildberries, Ozon, Yandex, SberMarket and Avito.
At the same time, the chairman of Wildberries said of the company: appeared to the Chinese market.
Wildberries previously reported sentences in case 385 million rubles were stolen from the site.