– Russian e-commerce chief Wildberries plans to just about double its turnover in 2022, the Interfax information company reported on Wednesday, citing the corporate’s finance chief.
“Wildberries plans to succeed in turnover of 1.5 trillion roubles ($24.7 billion) this yr,” Interfax quoted Vladimir Bakin as saying.
Wildberries’s gross merchandise worth (GMV) – a measure of transaction volumes and a key business gauge – jumped 93% to 844 billion roubles in 2021.
Its first-half turnover rose 94% yr on yr to 628.7 billion roubles.
Wildberries began out as an internet platform reselling garments from the likes of German mail order group Otto and now provides every thing from electronics to kitchenware, its success turning founder Tatyana Bakalchuk into Russia’s richest lady.
($1 = 60.6760 roubles)
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