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Ru-Net To Invest $6 Million In Esky.ru

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Posted by: admin @ 13:53 [5. 03. 13]

ru-Net of Leonid Boguslavsky has agreed to invest $6 million for a 25% stake in Esky.ru, online retailer of baby products in Russia. The investment was reported by newspaper Kommersant. The Russian baby product e-commerce market is valued at between $600 million and $800 million per year.

Founded in 2009, Esky.ru sells baby products online. Its sales revenues were estimated at $30 million in 2012. Based in Moscow, Esky is headed by Alexander Piskunov.

The new investment should help Esky expand beyond Moscow into Russian regions.

Previously, ru-Net invested in online shopping mall OZON.ru and coupon site Biglion.

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