Yandex.Checkout provides online prepayments for Tesla

Yandex.Checkout has announced that it starts offering Russian customers the opportunity to make an online preorder and an advance payment for Tesla Model Y. The new model is available to Russian customers for online pre-booking at the Moscow Tesla Club website. In 2017, Yandex.Checkout offered advance prepayment for Tesla Model 3 in Russia. According to the press release,... Continue Reading →

Russian users prefer installment plans for online shopping

Users will most often take online loans to pay for household goods, educational services, and appliances, a Yandex.Checkout study reveals. An average one-time loan taken by a Russian customer amounts to about USD 350 (26 thousand rubles) and has a term of up to 6 months. The study covers payments made using the installments service... Continue Reading →

Yandex and Sberbank launch two marketplaces, aim for e-commerce leadership

As the Russian e-commerce market is entering a new growth and concentration cycle, the joint venture formed by Yandex and Sberbank launched two online marketplaces over the past few weeks. One of them, dubbed ‘Beru’ (“I’ll take it”), became fully operational in early November, after five months of beta testing. The platform features “over 1,000 retailers and 600... Continue Reading →

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