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Two e-commerce giants shop for growth in Russia

By Meng Jing | China Daily | Updated: 2015-06-23 07:29

The nation's top two e-commerce companies are gearing up in the Russian market as they seek overseas growth.

Alibaba Group Holding Ltd, China's biggest e-commerce player by revenue, and Inc, the largest online direct sales company, plan to expand their operations in the country, where online shoppers are eager to buy made-in-China products.

Jack Ma, founder and chairman of Alibaba, said in an interview with Xinhua News Agency that his company will invest more in human resources and technology in Russia.

Two e-commerce giants shop for growth in Russia

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