Alibaba, the largest Chinese competitor of the retailer, plans to occupy 20% of the Russian market
Chinese online retailer JD.com began to cooperate with the Russian delivery service SPSR . Before JD.com did not work in the Russian market. According to Victor Qiu, head of international business at JD.com, JD.com can invest in the development of Russia's logistics networks from "tens to hundreds of millions of dollars."
JD.com leases storage space if required. About 10 thousand square meters are usually required for these purposes, Qiu says. SPSR, in turn, is going to invest 300 million rubles in infrastructure improvements for JD.com. SPSR will be responsible for the operational work, delivery and integration of the two systems of the companies. JD.com will provide marketing and product groups, reports SPSR Express CEO Vladimir Solodkin.
The retailer plans to occupy 20% of the e-commerce market in Russia in the next five years, Vedomosti reports. According to Qiu estimates, in monetary terms, this share will be about $ 10 billion. He believes that in Russia competition in this area is not as strong as, for example, in China. Qiu plans to deliver up to 100,000 parcels a day with an average check from $ 40 to $ 200. The main categories of goods online store are electronics and household appliances.
The main task of SPSR in this situation is to mobilize resources to ensure the increasing volume of traffic. It is expected that in 2015, the company's revenue will increase by 17%, not counting the income from cooperation with JD.com. Last year, SPSR revenues amounted to 5.2 billion rubles.
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JD.com's business model resembles that of Amazon . According to Qiu, JD.com is the largest online retailer in terms of turnover with a 49% share in the Chinese market. At the IPO in May 2014, the company received an investment of $ 1.78 billion.
In the first quarter of this year, JD.com's turnover reached $ 14.2 billion, net revenue grew by 62%, to $ 5.9 billion compared with 2014. The company's net loss was $ 114.6 million.
JD.com's main competitor is online retailer Alibaba . According to Kommersant, in September 2014, he negotiated with the Russian delivery service Pony Express . It has existed for more than 23 years. Its share in the CIS market is 10%. Alibaba planned to invest in the carrier $ 600 million.
JD.com leases storage space if required. About 10 thousand square meters are usually required for these purposes, Qiu says. SPSR, in turn, is going to invest 300 million rubles in infrastructure improvements for JD.com. SPSR will be responsible for the operational work, delivery and integration of the two systems of the companies. JD.com will provide marketing and product groups, reports SPSR Express CEO Vladimir Solodkin.
The retailer plans to occupy 20% of the e-commerce market in Russia in the next five years, Vedomosti reports. According to Qiu estimates, in monetary terms, this share will be about $ 10 billion. He believes that in Russia competition in this area is not as strong as, for example, in China. Qiu plans to deliver up to 100,000 parcels a day with an average check from $ 40 to $ 200. The main categories of goods online store are electronics and household appliances.
The main task of SPSR in this situation is to mobilize resources to ensure the increasing volume of traffic. It is expected that in 2015, the company's revenue will increase by 17%, not counting the income from cooperation with JD.com. Last year, SPSR revenues amounted to 5.2 billion rubles.
')
JD.com's business model resembles that of Amazon . According to Qiu, JD.com is the largest online retailer in terms of turnover with a 49% share in the Chinese market. At the IPO in May 2014, the company received an investment of $ 1.78 billion.
In the first quarter of this year, JD.com's turnover reached $ 14.2 billion, net revenue grew by 62%, to $ 5.9 billion compared with 2014. The company's net loss was $ 114.6 million.
JD.com's main competitor is online retailer Alibaba . According to Kommersant, in September 2014, he negotiated with the Russian delivery service Pony Express . It has existed for more than 23 years. Its share in the CIS market is 10%. Alibaba planned to invest in the carrier $ 600 million.
Source: https://habr.com/ru/post/290604/
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