0
Broadband

Megafon, Mail.ru Group to acquire stakes in AliExpress Russia

Monday 31 December 2018 | 12:53 CET | News

FREE webinar by Telecompaper on the Trends and Developments in the Dutch Telecoms market 2019Q2. Thursday 26th September at 15:00. Register now!

Negotiations on founding a joint venture by Chinese electronic commerce company Alibaba, Russian mobile operator Megafon, internet company Mail.ru Group and Russian direct investment fund RDIF are now at the final stage, reports Tdaily.ru citing an interview with Russian businessman Alisher Usmanov, on the television channel Russia 24.

Thank you for visiting Telecompaper

We hope you've enjoyed your free articles. Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Internet
Companies: Alibaba / Mail.ru / MegaFon
Countries: Russian Federation
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Russia clears e-commerce venture for Alibaba, Megafon, Mail.ru

Published 06 Jun 2019 09:09 CET | Russian Federation
The new business will be based on Alibaba's e-commerce business AliExpress in the country and the Mail.ru Group platform and ...

Megafon files application to clear joint venture with Alibaba

Published 20 May 2019 11:44 CET | Russian Federation
Russian mobile operator Megafon plans to submit an application on the launch of a joint venture with internet company Mail.ru ...

Mail.ru Group revenue rises 22% in Q1, profit weighed down by marketing costs

Published 25 Apr 2019 15:05 CET | Russian Federation
Russian internet company Mail.ru Group said total group segment revenue totaled RUB 20.116 billion in the first quarter, up by ...

Mail.ru Group acquires stake in Skillbox

Published 27 Feb 2019 13:53 CET | Russian Federation
Russian internet company Mail.ru Group has acquired a 10 percent stake in the educational platform Skillbox, reports Vedomosti. ...

Alibaba to set up eWTP digital hub, logistics centre in Belgium

Published 05 Dec 2018 17:58 CET | Belgium
Alibaba has signed a deal with the government of Belgium to start an electronic world trade platform (eWTP). The government said ...

MTS offers shopping on AliExpress without commission on 11 November

Published 09 Nov 2018 14:46 CET | Russian Federation
Russian mobile operator MTS is offering customers the option of purchasing from the AliExpress online shop without any commission ...

Rwandan government and Alibaba Group set up electronic world trade platform

Published 05 Nov 2018 11:32 CET | Rwanda
The government and Alibaba have signed agreements establishing an eWTP (electronic world trade platform) hub in Rwanda. The ...

Alibaba revenues jump 54% to CNY 85.1 bln in fall quarter amid some caution ahead

Published 02 Nov 2018 14:06 CET | China
Alibaba said revenues jumped 54 percent from the year before to CNY 85.148 billion (USD 12.398 billion) in the quarter to end ...

Alibaba partners Mail.ru, Megafon to expand Russian business

Published 11 Sep 2018 16:34 CET | Russian Federation
Chinese e-commerce giant Alibaba Group has agreed to found a joint venture with the Russian Direct Investment Fund (RDIF), ...

Mail.ru Group, Alibaba negotiate joint venture - report

Published 27 Aug 2018 09:56 CET | Russian Federation
Russian internet company Mail.ru Group is in talks with the China-based online retailer Alibaba on the launch of a joint venture, ...

FAS mulls Yandex, Sberbank e-commerce joint venture application

Published 01 Mar 2018 14:33 CET | Russian Federation
Russian federal competition watchdog said it is considering the application it has now received from internet search engine ...

Rostelecom launches new e-commerce insurance service

Published 16 Jan 2018 16:33 CET | Russian Federation
Russian company Rostelecom-Retail Systems, a subsidiary of the national operator Rostelecom managing its retail chain, has ...