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  • Russia's biggest e-retailer has ambitious growth plans

    / E-Retailers

    Russia's biggest e-retailer has ambitious growth plans

    With $1 billion in sales, Ulmart.ru is cooking up an initial public offering and plans to quadruple its fulfillment space in the next 18 months. The company also plans to expand its SKUs from 63,000 to 85,000 by the end of the year. That will help it reach its goal of $10 to $15 billion in annual sales in the next five years.

    Posted 04/04/2014Katie EvansPost a comment

    With $1 billion in sales, Ulmart.ru is cooking up an initial public offering and plans to quadruple its fulfillment space in the next 18 months. The company also plans to expand its SKUs from 63,000 to 85,000 by the end of the year. That will help it reach its goal of $10 to $15 billion in annual…

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