AliExpress Russia disclosed financial year results for the first time

AliExpress Russia disclosed financial year results for the first time


Anna Savelyeva | 04/07/2021

AliExpress Russia disclosed financial year results for the first time

At the end of the fiscal year (April 1, 2020 – March 31, 2021) AliExpress Russia remains the most visited marketplace in Russia with a turnover of over 229 billion rubles. The turnover of goods from Russia for this
the period amounted to about 55 billion rubles and grew by 151% year-on-year.

Turnover (GMV) for the financial year (April 1, 2020 – March 31, 2021) amounted to 229.3 billion rubles (excluding services) against 209.6 billion rubles in 2020. Local business turnover (not including services),
fully launched AliExpress Russia at the time of the creation of the joint venture in October 2019, exceeded 54.9 billion rubles in the financial year and grew by 151% year-on-year.

In March 2021, the average daily number of local orders reached 64 thousand per day.

The total number of unique buyers for the financial year exceeded 26.2 million people. AliExpress has a monthly audience of 29.1 million and a daily audience of 8.8 million. amount
unique visits for the financial year exceeded 72.5 million, which is 30% more than last year. Interestingly, 1.2 million new customers came to the platform from gadgets during
VKontakte and Odnoklassniki.

The number of SPUs (unique commodity units excluding colors and sizes) with delivery from China and other countries amounted to more than 139.2 million, while the figure for Russian sellers increased by 368%
for the year and amounted to 7 million. The sellers themselves became 350% more and now there are 45 thousand of them on the site.

The most popular categories in terms of turnover (GMV) are: Phones, Electronics, Computers and office equipment, Auto parts and accessories, Home and garden products, and Tools.

By the number of orders: Home and garden products (more than 32 million orders were made during the year), Beauty and health products (more than 30 million orders were made during the year), Jewelry and bijouterie (20.5
million orders), Electronics (20 million orders), Sporting goods (15.6 million orders) and Tools (11 million orders).

In Russia, the leaders in the first category are: Automotive parts and accessories (up 367%), Tools (up 306%), Computers and office equipment (up 168%), Phones (up 104%), Devices
for home (up 84%) and Electronics (up 73%). By frequency of orders: Electronics (1.7 million orders with an increase of 124%), Phones (1.5 million orders with an increase of 105%), Beauty and health (1.3 million
orders up 378%), Home appliances (1.3 million orders up 87%), Home and garden products (1.2 million orders up 701%), Automotive parts and accessories (1 million orders with
an increase of 872%).

Top-growing categories by order quantity: food, electronics, hair accessories, home appliances, motorcycle accessories, safety products,
stationery for office and school.

The top local stores and the fastest growing for the year, among others, included manufacturers and sellers of electronics and gadgets “Megafon”, Molnia Electronics, Smart Life, Xiaomi, Honor, Huawei,
Citylink, Toshiba, Svyaznoy, Asus, SONY, JBL, Beeline, and household appliances manufacturers Zigmund & Shtain, Redmond, Braun, Vitek.

AliExpress Russia plans for the current fiscal year (April 1, 2021 – March 31, 2022) to continue to increase the range of local sellers, logistics capacities, and launch an updated product
(web version and mobile application) developed in Russia, as well as launch an updated loyalty program for users.

Alibaba Financial Results

Cisco’s revenue declines for the fifth quarter in a row



Anna Savelieva | 02/10/2021

Cisco's revenue declines for the fifth quarter in a row

With the shift to telecommuting, corporate customers are spending less money on network infrastructure products for offices. The company’s shares began to fall.

Despite the fact that the company’s shares rose 8% last week, after the publication of the report, the stock prices fell 4%. As noted by Cisco CFO Richard Herren, division
infrastructure platforms were hit hard by the COVID-19 pandemic, with sales in that segment falling 3% in the quarter.

The company’s total revenue fell to $ 11.96 billion in the second quarter ended January 23, up from $ 12.01 billion last year in the same period. However, analysts expected
that the figures will reach $ 11.92 billion.

Despite the backlash from the move to teleworking, the same trend has driven demand for the Webex video conferencing platform, AnyConnect VPN, and cybersecurity products. So
Thus, the services direction showed an increase in revenue by 2% to $ 3.39 billion.

Cisco said it expects third-quarter revenue to increase from 3.5% to 5.5%, which is in the $ 12.4 billion to $ 12.64 billion range, while analysts are forecasting $ 12.35.

Financial results

Sberbank’s fourth attempt at e-commerce, Wildberries come to France and get rid of chips

IT Weekly review: Sber

MarketTrends and forecasts

Anna Savelieva | 01/31/2021

IT Weekly review: Sber's fourth attempt at e-commerce, the arrival of the Wildberries in France and getting rid of chips

Last week Intel announced plans to partially outsource chip manufacturing, and TSMC is seriously considering a new direction. At the same time, many companies spoke about
the results of last year, carried out personnel changes, and proposed plans for 2021.

As it became known on January 26, AspenTech acquires OptiPlant – the developer of the software of the same name, which is based on AI conceptual
3D plant floor plan that includes parametric asset models and supports automatic piping design. Terms of the deal were not disclosed.

At the same time, Sberbank decided to buy out 85% of the marketplace from M.Video and invest in the project about 35 billion rubles.
rubles. As a result, M.Video-Eldorado Group will retain 10%, and 5% will remain with the founder and co-owner Alexander Tynkovan. In the future, the site will be integrated into the bank’s ecosystem,
which will be Sber’s fourth attempt to enter the e-commerce market.

While Qualcomm acquired startup Nuvia, which is a division of VINCI Construction (which, in turn,
is part of the VINCI Group), in order to strengthen its position in the microprocessor market for 5G, TSMC decides to try to actively develop
the production of automotive chips, but Intel, on the contrary, wants to transfer most of the direction to outsourcing. Note that after
As the coronavirus epidemic disrupted supplies, and conflicts between the US and China further complicated the situation, many automakers began to experience severe shortages of parts.

For many, the New Year begins with a redistribution of the state, and we see the following changes:

  • Maxim Spiridonov resigns from the post of General Director of Neotologiya-Group and leaves the structure of its shareholders. He will be replaced
    Evgeny Barulin, CEO of TalentTech.

  • Sergey Krylov has been appointed vice president for strategy of Rostelecom

  • Michelle Temer appointed as Huawei’s 5G advisor in Brazil

  • Dan Riccio steps down as vice president of Apple’s hardware division. John Ternus will take his place.

  • Rob Tribe named VP Systems Engineering for Nutanix EMEA

At the end of last year, Microsoft managed to set a new revenue record, restore sales on the LinkedIn social network and overcome
lack of microcircuits. For the first time in the history of the corporation, the gaming business exceeded $ 5 billion in annual sales, while income from content and services on the Xbox grew 40% in the quarter.

Samsung’s consolidated revenue for the quarter ended December 31, 2020 was 61.55 trillion won and operating income was 9.05
trillion won The revenue for the whole year is 236.81 trillion won (about $ 212 billion), and the operating profit is 35.99 trillion won. Also the company presented three
flagship smartphone
: Galaxy S21, Galaxy S21 + and Galaxy S21 Ultra, plus a new 108MP sensor and latest generation Exynos 2100 processor.

Profit was up 26.4% year-on-year due to the production of displays and memory elements, but was down 26.7% year-over-year due to
declining prices for memory and weak sales of consumer goods.

In 2020, the export turnover of Wildberries sellers increased by 95% year-on-year to 23.7 billion rubles, in pieces the growth was 138%. IN
In the near future, the international online retailer plans to enter the markets of France, Italy and Spain.

And finally, Huawei has revealed plans for the Russian market for 2021, and announced that it intends to release more than 40 products in various

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