Uzbekistan's Sellers Post Record Sales Growth on Wildberries Marketplace
The issuer is solely responsible for the content of this announcement. About Wildberries
Established in 2004 in Russia, Wildberries is a leading e-commerce platform operating in Armenia, Belarus, Georgia, Kazakhstan, Kyrgyzstan, Russia and Uzbekistan, while also partnering with sellers in China. Wildberries provides a state-of-the-art IT infrastructure to support customers and sellers, along with a developed logistics network spanning more than 130 facilities and 58,000 pick-up points across its markets. As of 2024, Wildberries serves over 75 million customers and processes more than 20 million orders per day.
Wildberries
Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an 'as is' and 'as available' basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release.
The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk.
To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Arabian Post
6 hours ago
- Arabian Post
Vingroup awarded first-class labor order for outstanding achievements in developing the national exhibition and convention center
HANOI, VIETNAM – Media OutReach Newswire – 19 August 2025 – Vietnam's Party General Secretary Tô Lâm presents the First-Class Labor Order to Mr. Phạm Nhật Vượng – Chairman of Vingroup – in recognition of the Group's outstanding achievements, at the National Exhibition and Convention Center in Hanoi, Vietnam. The conferment ceremony was part of the Inauguration and Groundbreaking Ceremony of National Projects commemorating the 80th anniversary of Vietnam's National Day (September 2, 1945 – September 2, 2025), held at the inauguration site of the National Exhibition and Convention Center, Tu Lien Bridge area, Dong Anh District, Hanoi. ADVERTISEMENT The National Exhibition and Convention Center is a state-level key project, ranked among the top 10 largest exhibition centers in the world. With a total area of about 900,000 square meters, it is envisioned to become a premier international destination for global trade fairs and exhibitions, as well as a new symbol of Hanoi's development. Construction commenced on August 30, 2024, and the site was handed over on June 27, 2025—after just 10 months of construction, 15 months ahead of schedule. This remarkable pace set a new benchmark in Vietnam's construction sector, overcoming major challenges in engineering and executing a massive steel dome structure of unprecedented scale and complexity. As both investor and general contractor, Vingroup maximized all resources, proactively designed construction plans, coordinated manpower, equipment, and materials, and ensured seamless supply chain management across multiple contractors. During peak construction periods, the project mobilized hundreds of contractors and about 3,000 workers and engineers, supported by 800–1,000 pieces of heavy machinery sourced from across the country, including 300–500 ton cranes and super-heavy transport vehicles. The site operated at full intensity, 24/7 in three shifts, optimizing every moment to shorten construction time by 60%. While accelerating progress, Vingroup also maintained strict oversight of each component, ensuring safety, quality, and long-term sustainability of the project. ADVERTISEMENT Mr. Nguyen Viet Quang, Vice Chairman and CEO of Vingroup, shared: 'Receiving the First-Class Labor Order at the inauguration of the National Exhibition and Convention Center is a profound honor and pride for all Vingroup employees. We are committed to continuing our spirit of perseverance and determination to operate the Center successfully, contributing to making Hanoi and Vietnam leading destinations for world-class political, economic, cultural, and social events.' At the heart of the Center is the Kim Quy Exhibition Hall, one of the world's largest circular exhibition hall with an area of approximately 130,000 square meters and a central height of 56 meters. Located in Hanoi, the National Exhibition and Convention Center covers 90 hectares and ranks among the world's top 10 largest exhibition venues. Inspired by the sacred Golden Turtle God (Kim Quy) of the Co Loa legend, the hall's unique architecture is hailed as a new wonder of the capital. Its engineering posed extraordinary challenges: a steel dome weighing 24,000 tons, assembled from ultra-large steel beams and high-strength bolts using specialized torque-severing methods to ensure quality control and double the standard safety factor. The roof is covered with ultra-light, ultra-durable fiberglass fabric, offering natural translucency and energy efficiency in line with global green building standards. Beyond the Kim Quy Exhibition Hall, Vingroup has developed a comprehensive exhibition ecosystem including four outdoor plazas (East, West, South, North), the VinPalace International Convention Center, landscaped green parks and lakes, and large-scale parking facilities. With capacity for hundreds of thousands outdoors and thousands indoors, the Center is not only suited for mega exhibitions but also for large-scale events such as concerts, national festivals, and global technology showcases—meeting the strictest international requirements and redefining Vietnam's MICE (Meetings, Incentives, Conferences, and Exhibitions) industry. One of the key drivers behind this construction milestone is the upcoming National Achievements Exhibition – 80 Years of Independence, Freedom, and Happiness, taking place from August 28 to September 5, 2025. For the first time, all provinces, ministries, sectors, and enterprises across Vietnam will gather in a single national-scale exhibition, expected to attract millions of visitors and reignite national pride. The accelerated completion of the National Exhibition and Convention Center not only demonstrates Vingroup's strong financial capacity, professional execution, and effective project management, but also affirms its commitment to serving the nation and the strength of Vietnam's private enterprises in this new era of global integration. Hashtag: #Vingroup The issuer is solely responsible for the content of this announcement.
Campaign ME
8 hours ago
- Campaign ME
VRAcademi appoints Blitz PR for Middle East comms strategy
VRAcademi, a Dubai-based immersive education and innovation hub, has appointed Blitz PR as its official public relations partner for the Middle East region. As part of this partnership, Blitz PR will lead all regional communications efforts, helping to elevate VRAcademi's brand visibility, build media relations, and amplify the company's mission of making future-ready digital skills accessible to youth, professionals and educational institutions across the Middle East. 'We are thrilled to join hands with Blitz PR as we expand our footprint across the Middle East,' said Sonal Ahuja, Co-Founder, VRAcademi & Metaverse Lab. 'Their strong media network and proven experience in positioning emerging tech brands will be critical as we engage new partners, schools, and students in the region.' VRAcademi said its programs are already being used by students across the UAE. The hub further claims it has partnered with leading schools, universities, learning centers and even government initiatives like UAE AI to integrate advanced tech skills into curricula. With growing demand for creative and immersive tech education in the GCC, the company is now doubling down on its regional presence. 'We believe the Middle East is ripe for the kind of transformative, future-focused education we provide, and Blitz is the right partner to help us tell that story,' Ahuja said. Commenting on the partnership, Craig Michael, Managing Director, Blitz PR & Marketing said: 'We're excited to partner with VRAcademi on their journey in the Middle East.' 'In a region that is actively investing in digital transformation and youth empowerment, VRAcademi is bringing timely and relevant learning opportunities,' Michael added. 'Our goal is to amplify their vision and ensure their impact is seen, heard, and celebrated across the region.' The partnership comes at a time of growing interest in the metaverse, digital creativity, and future skills education across the UAE, KSA, and beyond.
Al Etihad
9 hours ago
- Al Etihad
85% of UAE retail investors back local stocks: eToro survey
19 Aug 2025 17:50 DUBAI (WAM) A whopping 85% of UAE-based retail investors are currently invested in local stocks, and many are buying even more in response to global trade tensions, based on the latest edition of the UAE Retail Investor Beat by trading and investing platform study, which surveyed 1,000 retail investors across the United Arab Emirates, revealed that UAE-based investors are strong supporters of their local market. 85% are currently invested in locally listed equities, with 39% of respondents holding Abu Dhabi stocks, 28% holding Dubai stocks, and 18% holding investments reflect their confidence in the UAE economy - 63% of investors stated they are 'very confident' in its current performance, and a further 29% indicated they are 'somewhat confident'. When it comes to the long-term performance of locally listed stocks, 59% expressed that they are 'very confident', with a further 32 % who are 'somewhat confident'.Looking ahead, 48% of investors forecast significant gains in the UAE stock market over the next 12 months, while 34% expect steady conviction is also evident in investors' long-term expectations. 58% believe that the Middle East will deliver the most substantial returns over the next five years, followed closely by the US (50%).When asked which UAE sectors evoke the most optimism for investments over the next 12 months, real estate topped the list at 55%, followed by technology (48%), financial services (37%), and energy (37%).Commenting on the findings, George Naddaf, Managing Director at eToro MENA, shared, 'The DFM and ADX are among the best-performing stock exchanges in the world this year, outperforming the S&P 500 by a considerable margin. Against this backdrop, our research confirms that investor confidence in the UAE market remains strong, supported by resilient performance across local indices, solid macroeconomic indicators, and sustained earnings across key sectors."Investors are favouring real estate, technology, financial services, and energy, as these sectors continue to benefit from government-backed initiatives. The fact that 85% are already invested in UAE equities reflects a clear preference for local opportunities in the current environment.'Despite strong confidence in their local market, geopolitical risk is firmly on the minds of investors: 90% say tariffs and trade wars will significantly impact their portfolios in the next six months, and 89% have already adjusted or plan to adjust their investments in the most common way investors are adjusting their portfolios in response to trade tensions is by increasing exposure to UAE equities (53%), a close second is increasing allocations to commodities (51%). This corresponds with respondents choosing gold or precious metals as the most resilient type of asset in a volatile trade environment (49%). Crypto (45%) was the second-most popular option, and it is already the most held asset class among UAE investors, currently with 54% Naddaf added, 'With 90% of investors anticipating an impact from tariffs and trade wars, and 89% adjusting their portfolios accordingly, UAE investors show an impressive level of adaptability. Besides local stocks, many are reallocating towards commodities such as gold and oil, which are viewed as reliable hedges against external volatility. This suggests a disciplined, dual-track approach: reinforcing exposure to domestic markets that are shielded from the impact of tariffs, while managing risk through defensive asset classes.' Uncertainty is not deterring investors from continuing to seek opportunities in the market. 65% of UAE retail investors have already increased contributions to their investment portfolios over the previous months, and 76% expect to increase contributions over the next three months. Stock Markets Continue full coverage
