Ukraine’s largest e-commerce companies, Rozetka and EVO Group, are merging this week
Friday, November 30, 2018

Ukraine’s largest e-commerce companies, Rozetka and EVO Group, are merging this week

Ukraine’s largest e-commerce companies, Rozetka and EVO Group, are merging this week, after winning approval from Ukraine’s Antimonopoly Committee on Tuesday. Rozetka bought a 56 percent stake in EVO from Naspers, the South Africa-based multinational internet and media group. Rozetka and Evo plan to create a new enterprise, placing all their online stores they own under one umbrella, including Bigl, Crafta, Deal, Kabanchik, Prom, Shafa and Vchasno.

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Ukraine’s largest e-commerce companies, Rozetka and EVO Group, are merging this week

Ukraine’s largest e-commerce companies, Rozetka and EVO Group, are merging this week

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In a clear signal of support to Ukraine, the EU has approved disbursement of €500 million in aid to Ukraine – two weeks before the IMF and the World Bank are to approve similar aid.

In a clear signal of support to Ukraine, the EU has approved disbursement of €500 million in aid to Ukraine – two weeks before the IMF and the World Bank are to approve similar aid.

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