As of June 2019, Yandex.Market will be selling JD.com goods in Russia through its ecommerce platform, Interfax reported. The partnership is expected to strengthen Yandex.Markets cross-border ecommerce exposure.
China accounts for about 90% of total cross-border shipments to Russia, and about half of Russias cross-border ecommerce turnover. In 2018, online imports increased by 29% year-on-year to USD 5.4 billion.
Earlier in 2019, China-based online marketplace JD.com has announced that it has closed its Australian branch after 15 months in the market.
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