Kommersant learned about the plans of Sberbank to create an analogue of...

Kommersant learned about the plans of Sberbank to create an analogue of China’s Alibaba

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The stand of Sberbank investment forum

Photo: Maksim Blinov/RIA Novosti

Sberbank is developing the project “the national ecosystem” for electronic Commerce, which will provide services to end consumers and businesses in a variety of areas on the model of the Alibaba Group, writes “Kommersant”

Sberbank is developing the project “the national ecosystem”, a sample of which should become China’s Alibaba Group, says “Kommersant” citing its own sources. According to one of interlocutors of the edition, the Chairman of the Board of Sberbank German Gref had to present a presentation of the project at the meeting on electronic Commerce, which President Vladimir Putin held on 2 November in Novo-Ogaryovo. The newspaper was unable to obtain confirmation of whether the place of such presentation.

“An ecosystem is a savings Bank refers to 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. Examples of the largest such ecosystems is an American Google, Amazon, Facebook, Tencent and Alibaba the Chinese,” writes the newspaper.

By 2025, the turnover of such a project in Russia could reach 65 trillion, accounting for about 27% of the revenues of Russian companies.

“Special attention is paid to Alibaba Group, to build “large-scale ecosystem on the Chinese market” with the principle of meeting all the needs of both buyers (clothing, electronics, household goods, food, leisure and entertainment, media, health, etc.) and sellers (financing, logistics, advertising, cloud services). The core business of the group is trade through online projects AliExpress, Alibaba.com, TaoBao.com, TMall.com, 1688.com etc. But it also has a financial unit, Ant Financial, cloud services Aliyun, logistics network Cainiao, an online advertising Alimama, movie maker, web browser, OS, operating system”, — said “Kommersant”.

According to one of interlocutors of the edition, the project includes three options for creating a Russian giant of e-Commerce. One of them provides for the implementation of the project by one savings Bank, according to the second embodiment to the creation of an ecosystem will attract a large Russian Internet company, for example “Yandex” or Mail.ru Group. In the third embodiment, the project to attract a strategic investor from abroad.

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