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Wildberries and Ozon ready to work with parallel imports

The largest Russian online retailers Ozon and Wildberries announced their readiness to work with parallel imports. An important condition for the sale of such goods at both sites is that the seller has all the necessary documentation, representatives of the marketplaces emphasized. Legislative ...

OZON INTENDS TO OBTAIN A BANKING LICENSE

... Ozon has already established the microfinance organization Ozon Credit - it is awaiting the entry into the state register. It is assumed that this particular company is applying for a license from the Central Bank. The retailer has also launched the Ozon.Invest project to provide funds to sellers in the B2B format (business to business). It should be noted that other market participants are also planning to move to the financial sector. For example, Wildberries service became the owner of Standard-Credit Bank at the beginning of 2021. Yandex also announced the plans to buy its own financial institution.

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