Online retail giant Amazon comes to Russia

Retail

The world’s biggest online retailer Amazon is opening a representative office in Russia, Forbes magazine reported on Friday, citing unnamed sources. Amazon’s move comes just two days after the e-commerce giant announced its strategy to extend its app distribution business, Android-based Appstore, to nearly 200 countries. Russia is currently Europe’s largest Internet market with an online audience of 61.3 million, according to a recent study by comScore. Amazon.com, Inc started in 1994 as an online bookstore but soon diversified, selling DVDs, CDs, MP3 downloads, software, video games, electronics, consumer goods and other items.

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