The Ministry of Industry and Trade announced that Aliexpress Russia has no plans to curtail business
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The Ministry of Industry and Trade of Russia did not receive notifications from Aliexpress Russia about the suspension of activities in the country, said Secretary of State, Deputy Head of the Department Viktor Evtukhov. According to The Bell, four shareholders of the company, including Alibaba, refused to continue financing Aliexpress Russia.
“We are aware of AliExpress’ plans. Despite the fact that there is information that Alibaba is going to reduce its presence and development of the site in Russia, we know that there are plans to complete the construction of a fulfillment center in Yekaterinburg with a large amount of investments – more than 6 billion rubles – and 70 thousand rubles. sq. m of area,” said Mr. Evtukhov on the sidelines of the Ecom Retail Week-2022 forum (quote from RIA Novosti).
Mr. Yevtukhov believes that against the backdrop of the construction of the center, the company will not freeze its activities in Russia. However, if Alibaba’s largest shareholder decides to reduce its presence, AliExpress will be able to complete all tasks on Russian territory.
October 7 edition of The Bell, citing sources in the e-commerce market reportedthat after the start of Russia’s military operation in Ukraine, Aliexpress Russia decided to close the local marketplace and cut more than 50% of all employees. The company also abandoned large-scale plans to build its own logistics.
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