Reasons Why AliExpress is so Popular in Russia?

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Global marketplace has 200,000 sellers, most of which are Chinese, and offers a total of 100,000,000 products in 30 categories including electronics, apparel, food, and food.

According to Alibaba Group Holding Ltd. (China’s largest e-commerce company, parent company AliExpress), several million Russian customers visit Aliepxress.com every day. These Russian consumers place orders that result in hundreds of thousands being shipped from China to Russia each day.

Aliexpress.com was launched in 2010 and sells products from China to over 200 countries. It is now the No. According to TNS Russia, it is the No. 1 online retailer site in Russia. It is followed by Ozon, a Russian e-commerce website, and a web shopping center operated by eBay Inc. in the United States.

Aliexpress.com is No. 9 in terms of web site visitors. It is the 9th most visited website in Russia, and the only one in the top 10.

Aliexpress.com is now a global marketplace that houses 200,000 sellers (mostly Chinese) offering consumers around the world 100 million products across 30 categories including food, electronics, apparel, and electronics. Alibaba states that most products can be shipped free of charge to any country in the world. However, some consumers may need to wait up to a month to receive their goods.

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Alibaba launched a Russian-language version, ru.aliexpress.com in April to increase sales in Russia. It accepts most of the popular online payment options for Russian customers.

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Alibaba claims Aliexpress offers a place for Russian consumers to access a wide range of products at very low prices. This is especially true for those who live in small towns or cities.

Alibaba launched a Russian-language website in March. It also offered local warehouse services in Russia. This allows Russian merchants to stock the most popular products and ship them out faster to Russian customers.

Two years ago, a Russian girl ordered products from Aliexpress.com and had to wait between 40-60 days. Alibaba chairman Jack Ma spoke last week in Russia at the St. Petersburg International Economic Forum to say that shipping times have been shortened to between 10 and 20 days or faster in certain areas.

Aliexpress also sells from China to Russia and recruits Russian merchants to sell local consumers via ru.aliexpress.com. According to Alibaba, it is also introducing Russian products to China via its cross-border import market, Tmall Global.

Aliexpress, which has grown its sales by an average of 300% per year over the past few years, has been Alibaba Group’s fastest-growing business. Alibaba presented to investors last September, a presentation that led to AliExpress’ record-breaking $25Billion initial public offering (IPO) of stock on New York Stock Exchange.

Russia is also being invested in by other Chinese e-commerce firms. JD.com, No. JD.com, No. 1 in the Internet Retailer China 500, which ranks Chinese retailers based on their online sales, launched a Russian-language website this month.

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China 500 does not rank Alibaba because it is not the largest merchant for online sales, but provides a platform that allows other merchants to sell. Alibaba’s major marketplaces in China, primarily Taobao, and Tmall account for around 80% of China’s e-retail business.

According to recent research by Accenture and Alibaba, cross-border ecommerce is on the rise. nearly half of global web users will buy across borders by 2020 according to Accenture.

Wang Mingqiang believes his company’s success in Russia is due to good cooperation relationships between the government and the individual companies.

HANGZHOU. August 23. /TASS/. In an interview with TASS, AliExpress CEO Wang Mingqiang stated that Russia is the largest market and fastest growing for its e-commerce platform.

Russia is AliExpress’s largest market in terms of order volume, transaction volumes and customers. He said that the development is moving at a rapid pace.

He stated that Russia was the largest market for AliExpress since 2013-2014.

He stated that AliExpress has been expanding its activities in Russia since 2016.

“At the moment, we don’t just promote Chinese products in Russia. Russian brands and goods are also purchased by us. The CEO stated that we also offer related services such as warehousing, logistics and other support.

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He said that AliExpress has been active in many countries since 2018 to promote Chinese goods as well as products from local manufacturers. This gives them a platform to sell their products both in China and abroad.

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Wang Mingqiang identified four major markets for the company in this context: Russia, Turkey and Spain.

He said that AliExpress already has several thousand Russian sellers who are able to sell their products in Russia and other countries.

Wang Mingqiang said that the Russian market success was due to the geographical proximity between the two countries as well as the high purchasing power of Russians.

He pointed out that Russia has a high demand to import goods from China.

He stated, “Consumer demand” is crucial.

According to the CEO, Russia’s success in operations is also due to good cooperation between the governments of Russia and the individual companies.

Wang Mingqiang says AliExpress, which was established in 2010, initially focused on cross-border commerce and the sale of Chinese goods to other nations. The site currently operates in over 200 countries and regions around the globe, offering services in 18 languages. The number of AliExpress sellers worldwide had reached 150 million by the end of the last year.