E-commerce

UK fashion retailer Next launches localized cross-border sales to Ukraine

Next, one of the UK’s largest and most successful fashion retailers, has partially localized its global cross-border e-commerce platform (NextDirect.com) to the Ukrainian market. The site now lists prices in hryvnias and most content is available in Russian. Ukrainian language is unavailable at present. The online retailer. offers direct and free delivery to the country …

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New site Prosto.ua aims to unify B2C and C2C in single e-commerce platform

Universal Commerce Group (UCG), an affiliate of international investment fund Noosphere, has launched Russian-language e-commerce platform PROSTO.UA. The site aims to become a “unified multifunctional platform that combines the features of an online trading platform (in the segment of B2B) and a board of classified ads (in the segment of C2C).” The news was reported …

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Odessa e-marketing agency Netpeak acquires Bulgarian company and gets 10% stake in Russia’s Q-Page

Earlier this week the Odessa-based e-marketing agency Netpeak announced it has acquired a 51% stake in Bulgarian agency Optimization.bg as well as 10% of Q-Page, a Russian company that help individual entrepreneurs and SMBs create or optimize online sales pages. Netpeak paid $100,000 for the stake in Q-Page. The details of the deal with the Bulgarian company …

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New online store makes cigarettes, slippers and household items available to Ukrainian prisoners

For those who believe that all models have been tested in e-commerce, it is worth taking a look at VITK.COM.UA, an online store for prisoners launched by the Dnipropetrovsk-based (Dnepropetrovsk) IT company CDM. The service, which has been live since August, is a joint project of CDM and the management of the state penitentiary service …

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EastOne Group strikes media-for-equity deal with top fashion e-commerce site

The Ukrainain Internet store Topmall.ua, has agreed a media-for-equity transaction with broadcasting group company StarLightMedia, which is part of the EastOne group. According to the parties to the agreement, this represents the first such deal in the Ukrainian market. The essence of the deal is that StarLightMedia will provide Topmall.ua with concessional TV advertising on …

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Allegro Group acquires B2B trading platform Zakupki-online

In a new illustration of investor interest in Ukrainian e-commerce, Prom.ua, a major B2B and B2C marketplace owned by Poland’s Allegro Group, has aquired Zakupki-online.com, a platform that helps companies organize sales and purchases online without middlemen. The news was reported last week by the Ukrainian online edition of Forbes magazine, which estimates the transaction …

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E-commerce site Zakaz.ua secures $2.5 million from giant investment firm CIG

Last week Zakaz.ua, a major Ukrainan e-commerce site, secured $2.5 million from Chernovetskyi Investment Group (CIG), an investment company backed by businessman and former Kiyv (Kiev) mayor Leonid Chernovetskyi. A groceries delivery company serving the inhabitants of Kyiv (Kiev), Zakaz.ua was launched in 2010 by Yegor Anchishkin – whose first startup, Viewdle, was acquired by …

E-commerce site Zakaz.ua secures $2.5 million from giant investment firm CIG Read More

PrivatBank launches offline e-commerce ordering and delivery network

PrivatBank, a leading Ukrainian bank, has launched a network of offline e-commerce access points. These points, christened “Magazin,” are equipped with computers which allow users to place orders at local and foreign e-commerce sites. The sites currently displayed are Comfy, Praktiker, 5ok, TopMall, Gold.ua, daily deal sites Pokupon and Groupon, as well as eBay, Amazon …

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Ukrainian fund Fison injects half a million dollars into e-commerce recommendation startup with global ambitions

The Ukrainian investment fund Fison has invested $500,000 in DataProm, a Kyiv (Kiev) -based startup developing data-driven recommendation solutions for online retailers. The deal – which valued the startup at $2 million – was closed in May but made public only last week. “We’ve been paying attention to the Big Data segment for a long time …

Ukrainian fund Fison injects half a million dollars into e-commerce recommendation startup with global ambitions Read More

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