Chinese Products Account For More Than Half Of Online Shopping Products Outside Russia.

Data show that in the first half of 2016, Russia's total online shopping market amounted to 405 billion roubles (about 44 billion yuan), an increase of 26% over the first half of 2015.

According to the currency, the total market volume in the first half of 2016 was 143 billion 100 million rubles (about 155.64 yuan), up 37% from the first half of 2015.

Billion power network learned that at present, Russian Internet users have 51.5% of cross-border purchases from China, and 90% of non local e-commerce sites.

They are all Chinese goods.

According to the latest data released by Yandex, a Russian payment service provider, the total volume of purchases made by Russian netizens in 2016 will be 40% higher than that of last year. Sales of Chinese retailers will increase by 64%, and Chinese products will account for more than half of Russian online shopping products.

In addition, since October 2015, China has received payment from Yandex through China.

The business revenue increased by 64%, the number of purchases increased by 40%, and the number of customers increased by 50%.

Anna Kuzmina, deputy general manager of Yandex payment, said that the average amount of invoice per single invoice of Russian netizens is not more than 24 dollars (about 162 RMB), and the most bought from China is clothing, footwear, household appliances and children's supplies.

As a result, there are many advertising consultancy companies in Russia. They provide corresponding services to Chinese Internet traders who enter Russia to help them improve their website promotion products.

China's electronic products are also selling well in the Russian market. For example, in September 2016, China entered the Russian market, the Chinese music company, which sold 121 thousand smartphones on the first day of Russia's official sale.

It also pointed out: "at present, China's electronic products are much better than other similar products in Russia, especially the hot selling of Chinese smart phones.

Besides, China's high-end goods are not as expensive as other countries. "

It is reported that Yandex payment is the largest electronic payment service provider in Russia. It supports the payment methods of mobile banking and online banking such as bank cards, e-wallet, Sberbank (Russian Federation savings bank) and Alfa-Bank (Alfa Bank of Russia).

At present, there are about 70 Chinese enterprises working with Yandex payment.