Launching marketplace, eBay aims to drive consolidation in Russia

By Anastasia Teterevleva MOSCOW (Reuters) – Internet auction site eBay intends to drive a wave of consolidation in Russia's e-commerce market over the next couple of years, persuading smaller companies to get on board as the economy weakens. Launching a marketplace for Russian merchants, eBay Vice President Wendy Jones said growth in e-commerce would probably only reach half of earlier …

More: continued here

Leave a Reply

Your email address will not be published. Required fields are marked *