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Sberbank to invest USD 400 mln in ecommerce

News | Payments General | 01 Feb 2021

Russia-based Sberbank has announced a USD 400 million investment in the online retail space as it seeks to become one of the country’s leading ecommerce players, according to Moscow Times.

Sberbank, Russia, investment, ecommerce, online retail, online shopping, Goods.ru, Sber, financial institution, bank