Magnit, one of Russia’s largest retailers, has agreed to acquire online platform KazanExpress. With its help, the retail chain Magnit Market will launch its marketplace. writes about this TASS.
As the company clarified, they want to buy 100% of Kazanexpress from AliExpress Russia, KazanExpress founders Linar Khusnullin and Kevin Hand, as well as entrepreneur Sergei Eremeev.
Online sales of businesses for six months grew up by 63%. According to the research, one of the main reasons for the growth of online commerce was the rapid development of marketplaces and their increasing popularity among buyers.
Most Russians using marketplaces lack additional options and technologies in online stores. Questionnaire showedOne in five people who use marketplaces are waiting for the opportunity to order alcohol and tobacco.
Survey respondents believe that introducing new technologies will help make online shopping easier. At the same time, Russians believe that artificial intelligence can provide additional opportunities. Despite concerns, the majority of buyers are still willing to trust AI to select and pay for purchases due to its convenience.
It became more common in Russia earlier handle Automatic payments through SBP.