According to the research report on online sales in BRICS by Alibaba Research, the number of online shoppers in BRICS (Brazil, Russia, India, China and South Africa) countries is forecasted to reach 1.35 billion users in 2022, taking up 61% of the global online shopping users.
The latest research data from Yandex Pay shows that the number of purchases from China by Russian increased by 3.5 times over last summer while the value of transactions with Chinese retailers on Yandex Pay increased by 3.3 times.
There are 2,397 billionaires in the world, which represents a 3.1% decline in billionaire population in 2016, the first annual decrease since the global financial crisis according to Billionaire Census 2017 by Wealth-X.
Chinese websites accounted for 52% of total cross-border trading e-commerce transactions in Russia in 2016 according to Russia E-Commerce Association.
A total number of more than 60 China’s e-commerce websites entered Russia in 2015 including AliExpress, Jingdong, TradeEase and other start-ups according to Yandex.