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Russia's Wildberries plans to almost double turnover in 2022 - Interfax

  • FILE PHOTO: Employee of Wildberries online retailer scans a code on a package at a pickup point in Moscow
    1/5

    Russia's Wildberries plans to almost double turnover in 2022 - Interfax

    FILE PHOTO: Employee of Wildberries online retailer scans a code on a package at a pickup point in Moscow
  • Packages of Wildberries online retailer are seen at a pickup point in Moscow
    2/5

    Russia's Wildberries plans to almost double turnover in 2022 - Interfax

    Packages of Wildberries online retailer are seen at a pickup point in Moscow
  • Customer waits for his package at a pickup point of Wildberries online retailer in Moscow
    3/5

    Russia's Wildberries plans to almost double turnover in 2022 - Interfax

    Customer waits for his package at a pickup point of Wildberries online retailer in Moscow
  • Employee of Wildberries online retailer scans a code on a screen of a smartphone at a pickup point in Moscow
    4/5

    Russia's Wildberries plans to almost double turnover in 2022 - Interfax

    Employee of Wildberries online retailer scans a code on a screen of a smartphone at a pickup point in Moscow
  • Employee of Wildberries online retailer scans a code on a screen of a smartphone at a pickup point in Moscow
    5/5

    Russia's Wildberries plans to almost double turnover in 2022 - Interfax

    Employee of Wildberries online retailer scans a code on a screen of a smartphone at a pickup point in Moscow
FILE PHOTO: Employee of Wildberries online retailer scans a code on a package at a pickup point in Moscow
Packages of Wildberries online retailer are seen at a pickup point in Moscow
Customer waits for his package at a pickup point of Wildberries online retailer in Moscow
Employee of Wildberries online retailer scans a code on a screen of a smartphone at a pickup point in Moscow
Employee of Wildberries online retailer scans a code on a screen of a smartphone at a pickup point in Moscow
Reuters
·1 min read

(Reuters) - Russian e-commerce leader Wildberries plans to nearly double its turnover in 2022, the Interfax news agency reported on Wednesday, citing the company's finance chief.

"Wildberries plans to reach turnover of 1.5 trillion roubles ($24.7 billion) this year," Interfax quoted Vladimir Bakin as saying.

Wildberries's gross merchandise value (GMV) - a measure of transaction volumes and a key industry gauge - jumped 93% to 844 billion roubles in 2021.

Its first-half turnover rose 94% year on year to 628.7 billion roubles.

Wildberries started out as an online platform reselling clothes from the likes of German mail order group Otto and now supplies everything from electronics to kitchenware, its success turning founder Tatyana Bakalchuk into Russia's richest woman.

($1 = 60.6760 roubles)

(Reporting by Anna Pruchnicka; Editing by David Goodman and Mark Potter)