Sberbank is thinking about creating a Russian analogue of Alibaba – Lenta.ru

Sberbank plans based on its resources and infrastructure to create a “national ecosystem” of e-Commerce following the example of China’s Alibaba Group. On Monday, November 7, reports the newspaper “Kommersant”, citing sources familiar with plans of the Bank. The cost of such a project can achieve, by 2025, 65 billion rubles, or 27 percent of the revenue of Russian companies.

Under the ecosystem is understood as the network of organizations created around a single technological platform and the use its services for elaboration of proposals to clients and access to them. As examples of the largest such ecosystems sources give us Google, Amazon, Facebook, Chinese Tencent and Alibaba.

According to the companion publication, the savings Bank has a broad customer base, proprietary technology platform, Analytics, and sufficient funds for investment to build such a system. It can cover a number of major industry groups: consumer goods, real estate, education, healthcare, travel and leisure, telecommunications, public services, development of software and applications, business services, construction, manufacturing, financial services.

15:22 17 June 2016

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Billionaire from China wants to develop the Russian business

According to sources, the head of the Bank German Gref had intended to submit a draft at the meeting on electronic Commerce the President of Russia Vladimir Putin.

the Likely partners of the project can be “Yandex” or Mail.ru Group. Also not ruled out the involvement of foreign, most likely Chinese company.

According to the forecast of the savings Bank, by 2025 ecosystem will have about 30 percent of global revenue organizations and more than 40 percent of their global profits. With China due to a number of unique conditions may already have overtaken the United States in this area. The Asian country has a huge domestic market with high Internet use (52.2% in 2016). Also gives the advantage of fast economic growth, a large number of manufacturers, favorable regulation and low development of physical infrastructure, including the penetration of retail chains and the number of Bank points of service.