The Russian direct investment Fund, a Megaphone and Mail.Ru Group of objavio about strategicheskom partnership with China’s Alibaba Group, a world leader in the field of Internet Commerce.
In the framework of cooperation of the company’s joint venture in the field of social Commerce in Russia and the CIS. It is planned that the joint venture integrates key e-Commerce platform in Russia. It will be built, including the current business, AliExpress in Russia.
Alibaba Group will do business, AliExpress in Russia, part of a new joint venture, which will include the current local and cross-border operating assets of Alibaba Group in Russia, including business international e-Commerce platform AliExpress Russian site Tmall.
RDIF will become a strategic member of AliExpress Russia, acquiring a total share of 13%. MegaFon will sell its Alibaba Group stake in 10% Mail.Ru Group in exchange for 24% stake in AliExpress Russia. Mail.Ru Group will give the company your business e-Commerce Pandao, to invest and integrate the platform with their products. The company’s share of AliExpress Russia will be 15%.
After completion of all transactions, the owners of AliExpress Russia will become a of Alibaba Group (48%), MegaFon (24%), Mail.Ru Group (15%) and RDIF (13%).