For three years, US startup Uber and its Ukrainian counterpart Uklon ruled the local taxi industry with their mobile apps. But recently a strong challenger has appeared: Estonian startup Bolt. In fact, it has re-appeared. Bolt worked in Ukraine in 2016 under a different brand name: Taxify. But it couldn’t withstand the competition and left …
Estonian tech startup Bolt rivals taxi apps Uber, Uklon in Ukraine Read More
Jiji, a leading marketplace for classifieds in Africa, has reached an agreement with Naspers to acquire the activities of OLX, its main competitor, on the African market, including businesses in Kenya, Ghana, Uganda and Tanzania. Jiji is a project of Genesis, a Kyiv- (Kiev-) based company which has developed a variety of Internet and mobile projects. Still …
Ukrainian Genesis buys OLX businesses in Africa for its Jiji marketplace Read More
Ukrainian Internet users have been blocked from accessing three popular Russian online stores: Ozon.ru, LitRes.ru and Labirint.ru. The ban followed a recent decision by Ukraine’s National Security and Defense Council (NSDC) that expands the list of legal entities under economic sanctions. The sanctions, among other things, include limitations on their commercial activity and a prescription to block access …
Popular Russian online stores and publishing houses banned from Ukraine Read More
Last week Uber launched its food delivery service Uber Eats in Ukraine’s capital. The service is available via a mobile app or through the company’s website. Uber has partnered with 200 restaurants in Kyiv. In order to promote the service here, Uber Eats offers free deliveries until the end of February. It aims to deliver …
Uber rolls out food delivery service Uber Eats in Ukraine Read More
Ukraine’s largest e-commerce firms, Rozetka and EVO Group have merged after getting the thumbs up for the union from Ukraine’s Antimonopoly Committee on Nov. 27. The e-commerce firms finalized anagreement that had been pending for almost four months as the companies waited for the go-ahead from the Antimonopoly Committee. Under the agreement, Rozetka has now bought …
Ukrainian e-commerce heavyweight Rozetka acquires EVO Group, firms to merge Read More
While a variety of Donetsk separatist kitsch items, such as this one, have been made available on Amazon’s marketplace, some Ukrainians consider them as “terrorist” swag and are demanding a ban, preferably in time for Christmas. “Amazon profits from promoting terrorism,” Health Minister Ulana Suprun charged in a bilingual Facebook post alongside images of the …
Ukrainians urge Amazon to drop Donetsk separatist kitsch from ‘marketplace’ Read More
PayPal is a convenient internet-based money transfer service popular in the West. But PayPal doesn’t work in Ukraine. While Ukrainians can use the service to send funds to other PayPal users, they can’t receive money. So thousands of small Ukrainian entrepreneurs have to be creative to find a way to earn their living by selling …
How thousands of small Ukrainian entrepreneurs find creative ways to use PayPal Read More
On November 1, Kyiv (Kiev) will play host to eCommerce Exhibition 18, the biggest conference and exhibition dedicated to the Ukrainian e-commerce market. It is the 12th edition of this annual event. More than 1000 participants are expected to attend the event, including owners and managers of Internet stores, digital marketing professionals, and other e-commerce professionals.
Ukraine’s largest e-commerce firms Rozetka and EVO Group are to merge in order to develop an “ecosystem for local internet buyers and sellers,” the companies announced yesterday. The agreement foresees Rozetka buying a 56% share of EVO Group from Naspers, the multinational internet and media group whose online marketplace OLX also operates in Ukraine. The companies plan …
Ukraine’s e-commerce giants Rozetka, EVO Group plan to merge Read More
Ukrainian-founded startup 3DLook, presented as “the most advanced instant human body scanning and measuring technology for mobile device,” has attracted $1 million from U.Ventures, 500 Startups and several business angels. As reported by Retail TouchPoints last week, the funding will be used to introduce a new technology, SAIA 3D, “which captures up to 29 body measurements and …
On April 20, the sixth edition of the Ukrainian E-commerce Awards, the annual ceremony to honor top Ukrainian e-commerce players, was held in Kyiv (Kiev). Over 300 Internet projects participated in the contest. The winning companies were chosen by online vote by some 15,000 customers among a list of companies pre-selected by the jury.
Earlier this month the EBRD announced its intention to provide a seven-year multicurrency loan of up to €9.5 million to Nova Poshta, Ukraine’s largest privately owned postal service provider company with 2,300 branches across the country. The money will be used to build a new, automated cross-docking parcel sorting terminal in Khmelnitskiy, western Ukraine, as …
EBRD lends €9.5 million to improve Ukraine’s postal logistics infrastructure Read More
