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Alibaba, Mail.Ru, Megafon form AliExpress Russia JV to double down on e-commerce in CIS
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After announcing plans in September 2018 to build a joint venture together, today Russian internet giant Mail.ru, Megafon and China’s Alibaba announced that the deal has closed. With support also from Russia’s sovereign wealth fund RDIF, the three are forming a new operation called AliExpress Russia JV — which will include business assets and investment […]
Topics: group, double, venture, jv, russia, ecommerce, megafon, aliexpress, cis, techcrunch, alibaba, joint, form, russian, mailru.