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Date: 5 months ago   Category: Companies

Alibaba and Mail.Ru have started common cause


The Russian holding, the Chinese Internet giant and the Russian Direct Investment Fund conduct negotiations on creation of joint venture in the Russian Federation of the Photo: depositphotos.com the Chinese Internet giant Alibaba discusses the idea of the joint project in online commerce with Mail.Ru Group holding and the Russian Direct Investment Fund. Interfax with reference to the source familiar with a situation reports about it. It is already not the first project concerning which Alibaba Group conducts negotiations with the Russian companies. Representatives of all three parties refuse comments on such enterprise. The CEO of fund Kirill Dmitriyev at a meeting with Vladimir Putin at the end of last year said that RDIF can become the partner of Alibaba in Russia. Both consumers, and her creators will benefit from the new platform, the executive director of VSK group Maxim Tyshchenko is sure: Maxim Tyshchenko the executive director of VSK group "At Mail.Ru Group isn't present such platform, unlike same "Yandex". Alibaba is very large company which quite within its powers. And as for the Russian Direct Investment Fund, it, probably, says that there is some state support, we will call it so. There is this fund, his direct duty — to invest money. Mail.Ru Group provides the platform, Alibaba provides to some extent experience, goods, and the Russian Direct Investment Fund pays all this. Rather logical consortium". Earlier Chinese Alibaba Group and Sberbank tried to agree nearly a year about creation of the joint company in the sphere of electronic commerce, but nothing left. Instead the Russian bank has signed the agreement on creation of the general company with "Yandex". The president of National association of remote trade Alexander Ivanov doesn't understand why Alibaba the joint project with Mail.Ru Group and Rfpi:aleksandr Ivanov the president of National association of remote trade "At Alibaba is still some opportunities, traditional for her, any options aren't included in Russia yet, but I am not sure that Mail.Ru Group the good partner. Alibaba — very good company, all with it communicate with a big positive, we heard about a huge number of any potential stories. All know how many it from these stories has ended productively. I wouldn't hurry to say that ahead all this conglomeration of the companies is waited by some success. I hope that Mail.Ru Group have also some other ideas which haven't stiffened waiting for the end of these negotiations develop in itself and look for other decisions. Better the markets where a large number of the different companies among themselves competes develop. It gives bigger development, than a big share of one player. But clever cooperation with marketpleysy and with such platform never before harmed anybody". In June media have learned what parallel to Alibaba Group agrees about other joint venture with VTB bank. At least, about it Vedomosti was told by three persons close to these companies. VTB then has denied this information. According to the source editions, б

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