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War: Marketplaces trade war in Ukraine
  • President of Ukraine Volodymyr Zelenskyy put into effect the decision of the National Security and Defense Council (NSDC), according to which economic sanctions are introduced against a number of companies, including Wildberries (Ukrainian, Russian, Polish, Armenian, Belarusian, Kyrgyz, Kazakh divisions),

    Sanctions against Wildberries involve blocking assets, a complete ban on the transit of resources through the territory of Ukraine, preventing the withdrawal of capital from the territory of Ukraine, suspension of the fulfillment of economic and financial obligations, termination of the provision of telecommunications services, a ban on the transfer of technology and intellectual property rights.

    Personal sanctions were introduced, including against the owner of Wildberries, Tatyana Bakalchuk and her husband Vladislav Bakalchuk. Bakalchuk is the richest woman in Russia according to the Forbes rating, her fortune is estimated at $ 13.1 billion.

    Wildberries is presently largest online marketplace on xUSSR space.

    Rumors are that Amazon US is standing behind all latest sanctions against Russian marketplaces as they do not want to give up Ukraine market and presently they are hardly competitive in the country, so can't use normal economic measures.