Ukraine’s two largest e-commerce companies – Rozetka and EVO – plan to merge
Friday, August 10, 2018

Ukraine’s two largest e-commerce companies – Rozetka and EVO – plan to merge

Ukraine’s two largest e-commerce companies – Rozetka and EVO – plan to merge. Pending approval of the Antimonopoly Committee, Rozekta will buy Nasper’s share of EVO, which maintain six shopping sites in Ukraine. Nasper will remain in the Ukraine e-commerce market with OLX, the nation’s largest classified online market. Vladislav Chechetkin, owner of Rozetka, writes on his Facebook page that ownership shares of EVO will be converted into shares of the new combined company. He predicted that the company will benefit from Rozetka’s advanced logistics and delivery system. Chechetkin wrote: “The synergy of the logistics infrastructure, IT infrastructure and cooperation with tens of thousands of entrepreneurs will allow us to build one of the most useful companies in the life of every Ukrainian.”

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