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Mordor: Monopolization in online business
  • Ozon's turnover in the second quarter of 2020 increased by 188% compared to the same period in 2019 and amounted to 45.8 billion rubles. The retailer does not disclose net proceeds and profits.

    In the first half of 2020, the platform's turnover reached 77.4 billion rubles, which is 152% more than in the first half of 2019.

    The turnover of the largest Russian online retailer Wildberies in 2020 almost doubled (by 96%) - up to 437.2 billion rubles, the company said. The number of orders reached 323.8 million, which is two times more than in 2019. The company's turnover in the fourth quarter reached its maximum values in the entire history of the marketplace and amounted to 151.5 billion rubles.

    In total in 2020, Wildberries' buyers purchased 575.3 million goods, which is almost three times more than in 2019.

    And more than 150 thousands of petty bourgeoisie members turned into the poor proletariat during January-September. Some sources claim that this number can reach 200k by the end of 2020.