Yandex.Market is turning into a trading platform
06.06.2014 2609

Yandex.Market is turning into a trading platform

The Yandex.Market service is transforming from a payment aggregator into a full-fledged trading platform like eBay or Amazon. This was stated by the head of Yandex.Market Alexei Avdey in Moscow at the presentation of the updated project at the YaC / m 2014 conference. Experts believe that the project will be a success - in the future it will be able to occupy up to 15% of the Russian Internet trade market.

Yandex.Money was made to avoid a cash gap. Delivery of goods can be organized through the aggregator of freight carriers MultiShip, with which Yandex began to cooperate at the beginning of this year. The company will ensure that the user receives the product or can get their money back.

Personalized recommendations for users will also appear on the service. The recommendation system is based on machine learning, it will offer the user products based on his search queries, purchases, website behavior and other data.

In addition, Market will receive a customer protection system. Through it, you can find out the details of the order or contact an independent arbitrator to resolve a disputed issue.

The commission from an order on the service is from 1%, including its prepayment commission - 3%.

Yandex.Market unites more than 15 thousand online stores. According to TNS Web Index for January - April 2014, 19 million people use the service every month. The transformation of Market into a full-fledged trading platform was expected: the company's development team, back in October last year, announced its intention to introduce a service for placing an order directly on the website.

The Yandex.Market service is transforming from a payment aggregator into a full-fledged trading platform like eBay or ...

Latest News

Dior presented "high" strappy sandals at Paris Fashion Week

Floral print and an endless number of shin straps are the new style of Dior shoes, showcased in the brand's spring-summer 2023 collection at Paris Fashion Week. Strappy sandals come with fine mesh knee socks in black and…
28.09.2022 210

Bottega Veneta set the shoe trends at Milan Fashion Week

One of the most interesting shoe collections that was shown at the recent Milan Fashion Week was the collection of the Italian luxury brand Bottega Veneta, part of the Kering Group. This is the second collection of the brand, created by the efforts of…
28.09.2022 227

Sales of clothing and footwear in Russia decreased in units, but increased in value

According to a study by the Check Index resource of the fiscal data operator OFD Platform (takes into account data from 1,1 million online cash registers in Russia), conducted at the request of RBC, the volume of clothing and footwear sales in Russia fell sharply in the spring of 2022, but ...
26.09.2022 318

Milan MICAM recorded 35 visitors

A major exhibition event was held in Milan, bringing together international professional exhibitions MICAM, Mipel, TheOneMilano and HOMI Fashion&Jewels. The total number of guests of the exhibition project, which took place from 18 to 20 September 2022 in…
26.09.2022 215

Furla presented a new clutch at Milan Fashion Week

Furla discovered the infringement of women's rights in the music scene and released a protest limited collection of bags. The collection is based on a new model of the Metropolis cross-body clutch bag…
25.09.2022 277
When you sign up, you will receive weekly news and articles about the shoe business on your e-mail.

To the beginning