Russia develops own “Alibaba” e-commerce platformApril 9, 2016 - 16:27 AMT PanARMENIAN.Net - Russia’s Ministry of Economic Development is working on an electronic platform to export Russian goods described as a ‘Russian Alibaba’, RT reports citing business daily Kommersant. The creation of the platform was suggested by President Putin in December. The ministry says a Russian company-aggregator would integrate with foreign e-commerce companies – such as AliExpress, JD.com, eBay and Amazon - to promote Russian products on international markets. Russian companies such as Yandex Market, Ulmart and Wikimart have already shown their readiness to participate in the project. The new platform will combine customs, logistics, information, payment, credit, insurance and other services necessary to export goods and sell on the domestic market. The platform will also act as a fiscal agent to ensure stable receipt of the revenues by exporters. The Russian Export Center will be responsible for creating a list of exporters. It will also assist in product standardization and certification. In December, Jack Ma the head of China’s e-commerce firm Alibaba said the company was interested in starting a platform to promote Russian goods. “We hope very much that we can contribute to its implementation,” said Jack Ma. The world’s biggest e-commerce company, Alibaba would become the prototype for Russia’s new electronic platform. The company’s sales hit a record $14.3 billion on Singles’ Day in November. In the summer, Alibaba opened its first office in Russia. Top stories Yerevan will host the 2024 edition of the World Congress On Information Technology (WCIT). Rustam Badasyan said due to the lack of such regulation, the state budget is deprived of VAT revenues. Krisp’s smart noise suppression tech silences ambient sounds and isolates your voice for calls. Gurgen Khachatryan claimed that the "illegalities have been taking place in 2020." Partner news Most popular in the section | Turkey extends military presence in Azerbaijan The Turkish parliament has adopted a bill submitted by Recep Tayyip Erdogan to extend the mandate of Turkish troops. Russia to begin assessing migrant workers' speaking skills Rosobrnadzor is planning to change the Russian language exam for migrant workers and include an assessment of speaking skills Armenian, Saudi Foreign Minister meet in Riyadh The two commended the positive dynamics of the development of political dialogue between Armenia and Saudi Arabia Pashinyan: Azerbaijan’s proximity shouldn’t worry border residents At the same time, he said that he “does not guarantee [the security of villagers] one hundred percent”. |