E-commerce

Ukrainian-American Zeely attracts $1 million to help entrepreneurs develop mobile business

Earlier this month Zeely announced the completion of a $1 million round of funding to develop further its mobile web store and ad builder for small business owners. The Ukrainian-founded, US-headquartered startup was backed by Vesna.Capital, Angel One Fund and ZAS Ventures, three funds with Ukrainian roots; Imaguru Ventures, based in Spain with Belarusian roots; as …

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New marketplace wants “the entire world to fall in love with Ukrainian products”

Would you like to wear a beautiful made-in-Ukraine silk scarf, enhance your skin with natural cosmetics from a Kyiv-based firm, decorate your home with stain glass produced by Sumy craftsmen? You can order these items, and many more, on ‘Made With Bravery,’ a marketplace promoting thousands of locally-made products with worldwide delivery.  “The world gave us three days to last,” …

New marketplace wants “the entire world to fall in love with Ukrainian products” Read More

Whitepay introduces crypto payments to Ukraine’s tech stores

Ukrainians will be able to purchase electronics and other products with digital coins thanks to a service provided by Whitepay. The payment processor, established by the Ukrainian-born digital asset exchange Whitebit, has recently implemented crypto payments in the country’s largest tech stores.  Among the electronics retailers, whose customers will now take advantage of the new service, …

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DressX creates digital clothes for Meta and operates first-of-its-kind NFT marketplace

DressX, a digital fashion launched in 2020 in California by Ukrainian Natalia Modenova and Daria Shapovalova, provides Meta with clothes for its Avatar Store. The first collection was made available on July 19, report Vogue Business and AIN Capital. “What we do is all about people expressing themselves and connecting, and a huge part of that is what …

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Ukrainian-founded Africa classifieds leader Jiji acquires its main competitor in Ghana

Jiji, a Ukrainian-founded company touting itself as “a combination of eBay and Craigslist for Africa,” has acquired Tonaton.com, its main competitor in Ghana. The terms of the deal, which was announced a few days ago, were not disclosed.  “Jiji and Tonaton users will now have access to a larger network of buyers and sellers, which will significantly increase trading opportunity and …

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Spanish Glovo to acquire Ukrainian grocery delivery leader Zakaz.ua

Zakaz.ua, Ukraine’s popular online service to order from grocery chains, is to become part of Spanish Glovo. The deal was agreed earlier this month with Zakaz.ua’s main investor, Chernovetskyi Investment Group (CIG), reports Ukrainian tech blog AIN.UA.  Zakaz.ua was founded in 2010 by Ukrainian entrepreneur Yegor Anchyshkin – whose first startup, Viewdle, was acquired by Google in 2012.  CIG …

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Ukrainian-founded digital transformation major Grid Dynamics acquires e-commerce solution provider

Grid Dynamics, a Ukrainian-founded, NASDAQ-listed digital transformation consultancy and solution provider, has acquired Tacit Knowledge, a major provider and integrator of digital commerce solutions.  “We are pleased to welcome Tacit Knowledge to the Grid Dynamics family. [This company] excels at consulting for top global brands, differentiate through a focus on digital transformation, and consistently deliver the highest …

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3DLook raises $6.5 million to assert itself on Western markets

Last week 3DLook, a Ukrainian-founded startup offering AI-enhanced mobile body measuring and fit solutions, announced it closed a $6.5 million round to expand its “US leadership team” and “open new R&D centers in the US and Western Europe.” 3DLook claims to have developed “the fastest and most engaging camera-enabled personalized shopping experiences for consumers and …

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Kyiv delivery service OVO raises $150,000 from local investors

Earlier this week OVO, a Kyiv-based fruit and vegetable delivery service, received $150,000, a non-negligible amount by local standards. The funding was brought by Ukrainian investment firm TA Ventures and private investor club IClub. Launched during the lockdown in the spring of last year, the startup already generates some $110,000 in monthly turnover, according to …

Kyiv delivery service OVO raises $150,000 from local investors Read More

Ukrainian railways roll out chatbot to sell tickets via Viber, Telegram

Ukrainian railway monopoly Ukrzaliznytsia has launched a chatbot to service its customers via popular mobile messenger apps, the company announced on Jan. 12. Having the same name as the company, Ukrzaliznytsia, the bot can help people buy or return train tickets, check the timetable and even find the platform the train arrives at — all through Telegram and Viber. It …

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Backed by a local marketing agency, this $55 startup delivers vegetables across the Ukrainian capital

Ukrainian marketing agency Fedoriv Group has invested in fruit and vegetable delivery service OVO. Neither the amount nor the terms of the investment, which was reported by the local media in late October, were disclosed. OVO expects Fedoriv Group to help them develop a new brand style and launch a large-scale advertising campaign.  Fedoriv Group …

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Russian e-commerce leader Wildberries launches in Ukraine

On September 21 Wildberries, the number one retailer in Russia, launched sales in Ukraine. Customers can order goods with free delivery in the wildberries.ua online store as well as through the iOS mobile application. An Android app will be launched shortly. In addition to Russia and Ukraine, the company operates commercially in six countries: Belarus, Armenia, …

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