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Alibaba, Mail.Ru, MegaFon, RDIF to invest USD 400 mln in Russian commerce venture

News | Ecommerce | 06 Jun 2019

Alibaba, Mail.Ru Group, MegaFon, and sovereign fund Russian Direct Investment Fund (RDIF) have announced they received approval for their social commerce joint venture.

Alibaba, Mail.ru, MegaFon, RDIF, Russia, social commerce, ecommerce