Expanding the market! Wildberries enter the three Baltic countries

Expanding the market! Wildberries enter the three Baltic countries

With the increasing maturity of the platform and the gradual development of e-commerce in various places, Wildberries has recently expanded its European market, entered the Baltic Sea, and opened e-commerce businesses in Latvia, Lithuania and Estonia.

 

Currently, shopping is only possible on the web, and there are separate websites for each of the three countries: buyers can place orders on lt.wildberries.ru, lv.wildberries.ru and ee.wildberries.ru, respectively, with services available in English and Russian. Wildberries said that in the near future, they will provide mobile applications for iOS and Android.

 

Through the Wildberries platform, about 10 million products from more than 50,000 brands can be provided to Baltic consumers. The categories also include clothing, shoes and accessories, cosmetics, perfumes, toys and children's products, as well as technology, electronic products, books, stationery and other products.

 

At the same time, Wildberries has increased its investment in local logistics services and has set up sufficient logistics delivery centers in the three countries, including about 270 in Estonia, about 210 in Latvia, and nearly 300 in Lithuania, to ensure the greatest possible delivery to buyers.

 

Wildberries said, "Opening an online store in the Baltic will expand export opportunities for Russian sellers. There are also many Russian residents living and working in the region. They will miss Russian products and can use our platform to suit their tastes."

 

Including the three new Baltic countries, Wildberries has opened up seven new markets in 2021. The others are the United States, France, Spain and Italy. So far, Wildberries has conducted business in 17 countries and regions.

 

According to external data, Wildberries' export sales reached 23.7 billion rubles at the end of 2020, a year-on-year increase of 95%. Clothing, footwear, cosmetics, perfumes and books are the most popular products among foreign buyers.

 

Thanks to the continuous maturity of the e-commerce market, Wildberries will also have greater development opportunities. The continuous expansion of new markets now also shows the ambition of the platform. As the largest e-commerce platform in Russia, Wildberries' future development potential is also worth looking forward to.


Europe

Russia

Wildberries

<<:  Investing 70 million! ThredUp will build the largest distribution center

>>:  Amazon launches community loan program to help small and medium-sized enterprises grow

Recommend

What is Lotte International? Lotte International Review, Features

Founded in 1999, Lotte International has more tha...

Newegg announces expansion of same-day delivery

Newegg announced on September 2 that it will offe...

SHEIN tops the global mobile fast fashion list, beating foreign brands

On June 24, the cross-border e-commerce giant SHE...

What is Brilliant Earth? Brilliant Earth Review, Features

Founded in 2005 by Beth Gerstein and Eric Grossbe...

What is Jitu International? Jitu International Review, Features

Jitu International is an international logistics ...

European and American drivers deny labor shortage: ports are the culprit

Previously, many media in Europe and the United S...

Temu has new moves! Plans to enter two "new markets"

Pinduoduo's cross-border e-commerce platform ...

What is Stitch Fix? Stitch Fix Review, Features

Stitch Fix is ​​an American personalized clothing ...