Ozon, one of the first e-commerce companies in Russia, will open a representative office in Shenzhen. The company plans to attract 100,000 Chinese merchants with operations on the platform and expand the transaction volume of goods from the country tenfold by 2024.
Major Chinese tech companies are discreetly pulling back from doing business in Russia under pressure from US sanctions and suppliers.
Shenzhen-based drone developer DJI announced on Tuesday that the company will temporarily suspend all business activities in Russia and Ukraine.
Google has halted certifying the Android mobile phones of Russian firm BQ, compelling it to begin tests for implementing Huawei's HarmonyOS instead.
Russian authorities have asked the management department of TikTok, a short video platform owned by ByteDance, to lift the restrictions on the video recording of Russian President Vladimir Putin's speech.
Influenced by the latest "fake news" law passed by the Russian government, TikTok has decided to suspend new video content and livestreaming services in the country.
DiDi taxi aggregator will cease operations in Russia and Kazakhstan from March 4 of this year, PR Director of the company in Russia and CIS, Irina Guschina said.
Didi Chuxing, the world’s leading mobile transportation and convenience platform, today offered its ride-hailing services in Russia, its first Eurasian market.
“On the way to the airport, I took two photos of the Red Square to congratulate Honor's No. 1 sales in Russia. Honor is now the most welcomed brand among young Russians.
Xiaomi has continued its international expansion by entering Russia, marking an initial foray into the European market after success in both India and Indonesia.