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X5 Acquired Majority in Online Retail Venture With Bolero.ru and 003.ru

Files under: News
Posted by: Yakov @ 01:00 [15. 10. 09]

Russia’s largest retailer in terms of sales, X5 Retail Group will develop its online business using experience of well-known online retailers in Russia. X5 has acquired a 51% stake in IT Business, a joint venture with the owners of online stores Bolero.ru and 003.ru, for $1 million. In addition, X5 has an option to [...]

eHouse Acquires Online Shop 003.ru

Files under: News
Posted by: Yakov @ 00:20 [9. 10. 08]

The Russian online consumer shopping holding eHouse has acquired 003.ru, online shop that sells consumer electronics and home appliances, from Marta holding, reported CNews. Through the acquisition, eHouse becomes the leader in online shopping in Russia. According to analyst estimates, the deal is valued at $10 million.
Founded in 2000, 003.ru is Russia’s second largest [...]