Chairman | Association of Cross-Border E-Commerce and Express Delivery
Session Speaker 2 :
Risin Ilya
Title:
Chairman
Company:
Association of Cross-Border E-Commerce and Express Delivery
Session Language:
English
Session Topic:
Russia’s E-Commerce Market Insights: Trends, Players, and Cross-Border Potential
About Session:
Day: May 16
Table: 3
Time: 11:00 – 11:50
Person: 10
Speaker: Sertalp Demirağ X Risin Ilya
Topic Details:
Russia’s e-commerce market is booming, with sales expected to hit nearly $98 billion in 2024, driven by strong growth in regional areas. Major players like Wildberries, Ozon, and Yandex Market dominate the landscape, expanding their logistics networks and improving digital payment systems. Cross-border e-commerce shows promising potential, especially as consumers embrace digital assets for international transactions. For international brands, Russia offers significant opportunities, particularly in underserved regional markets. However, success requires understanding local consumer behavior, staying compliant with regulations, and overcoming logistical challenges. Partnering with local businesses can help brands effectively tap into Russia's growing e-commerce scene.