AliExpress Russia JV Status
The company was formed as a joint venture between Alibaba Group, Russian Direct Investment Fund, Mail.Ru Group and MegaFon joint on June 5, 2019. The company creates a value proposition for merchants, consumers and internet users across Russia and the CIS and accelerates the development of Russia and the region's growing digital economy by leveraging and integrating the strength and expertise of the new shareholder group.
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