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Wildberries to More Than Double Warehouse Capacity in 2025
The Company is currently finalizing the construction of warehouse complexes with a total area of more than 2.3 million square meters (equivalent to over 320 football fields) in its regions of operation. Most of these facilities will be operational in the first half of 2025.
In addition, Wildberries is building or planning new warehouses in 11 cities across Russia, as well as two logistics hubs in Kazakhstan and up to three in Uzbekistan, with a total area of more than 2.5 million square meters. At the beginning of 2024, Wildberries’ warehouse capacity stood at 1.5 million square meters.
The new logistics centers will enable local sellers to expand their assortment on the Wildberries platform and boost their sales across all markets where the Company operates. Sellers will benefit from a growing number of options for storing and shipping their goods, as well as the ability to effectively manage their stocks and seasonal product supplies.
Wildberries currently operates in eight countries in Eurasia, with plans to expand to new markets. In 2023, goods sold through its marketplace amounted to the equivalent of $25 billion, with a projected 60% increase in sales by the end of 2024. The platform hosts more than 1 million sellers, over 85% of which are small and medium-sized enterprises (SMEs).
Wildberries’ rapid growth is supported by its own infrastructure for fast delivery, including a fleet of over 1,700 vehicles and a network of over 50,000 pick-up points. These pick-up points enable customers to collect their orders close to home at the time of their choosing, as well as to try on or examine ordered items prior to confirming their purchase.
Hashtag: #wildberries
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 that currently operates in Armenia, Belarus, Georgia, Kazakhstan, Kyrgyzstan, Russia and Uzbekistan, in addition to partnering with sellers in China. Wildberries offers a state-of-the-art IT infrastructure to support customers and sellers on its platofrm, as well as a developed logistics network spanning more than 130 logistics facilities and 50,000 pick-up points across its markets of operation. As of 2024, Wildberries serves a customer base of more than 75 million and processes more than 20 million orders per day.
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SIBUR receives highest-category ESG rating from China’s largest rating agency
Regarding the criteria assessed by the rating, SIBUR’s performance easily exceeded the industry average. Notably, the agency gave the company a score of 95.76 out of 100 for environmental stewardship, while the average for other companies in the sector was 52.19. SIBUR also received a score of 80.73 for its work on occupational safety, compared with an average of 55.04 for other companies, and a score of 85.58 for its disclosure of decisions, while the industry average was 36.75.
The analytical report also noted SIBUR’s efforts to recognise, assess and reduce climate risks. Moreover, the authors of the report drew attention to the company’s sustainable development strategy, which, among other things, sets goals for reducing greenhouse gas emissions. The company’s efforts in the area of biodiversity conservation were also mentioned: SIBUR supports projects and initiatives aimed at species conservation, and its production sites are not located in areas of high biodiversity value.
“The Asia-Pacific countries are developing their expertise when it comes to sustainability and paying increasing attention to the sustainable development agenda every year. In this context, the assignment of an A rating to SIBUR by China’s largest rating agency is a very important result. It confirms that our practices are in compliance with best global practices and is an additional point of engagement for developing dialogue with partners in important markets for the company,” said Alexey Kozlov, SIBUR’s Managing Director and a member of the company’s Management Board.
“We place great value on our partnership with SIBUR and see immense potential in our collaboration with Russian clients,” says Dongyang Xue, President of CCXGF. “CCXGF is at the forefront of domestic green finance and ESG service provision in China. Our expertise positions us to significantly boost SIBUR’s international profile, particularly in the Chinese market. Through our ESG rating, we aim to enhance transparency and foster a deeper understanding of SIBUR among international stakeholders”.
Hashtag: #SIBUR
The issuer is solely responsible for the content of this announcement.
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ALCO HOLDINGS (00328) announce the launch of four strategic mechanisms to foster employee collaboration and enhance team cohesion.
Strategy 1: People-Oriented Management Philosophy
ALCO HOLDINGS has always upheld the management philosophy that “employees are the most valuable asset of the company,” recognizing that employees are not only the foundation of business operations but also the core driving force behind the company’s sustainable growth. To inspire employees’ potential and creativity, ALCO HOLDINGS offers a comprehensive benefits system and a conducive work environment. The company’s production facilities and headquarters are equipped with various amenities, including a reading room, basketball court, badminton court, table tennis room, billiards room, computer room, and medical center, all aimed at creating a healthy, comfortable, and vibrant working environment for employees.
This people-oriented management style not only enhances employee satisfaction but also ensures they gain a sense of achievement in their work. ALCO HOLDINGS’ management team consistently prioritizes the physical and mental well-being of its employees, offering regular training and seminars to improve their professional skills and strengthen their competitiveness and adaptability in the workplace. These initiatives reflect Aigo Group’s commitment to supporting employee growth and development, creating a sustainable career path for its workforce.
Strategy 2: A Wide Range of Employee Activities
ALCO HOLDINGS understands the importance of a strong team atmosphere and regularly organizes a variety of employee activities aimed at fostering interaction and communication among staff members. These events, such as the Mid-Autumn Festival Garden Party, Karaoke Competition, Christmas Party, Chess Tournament, Basketball Tournament, and Tug-of-War Contest, provide employees with opportunities to enrich their leisure time and encourage them to relax and unwind outside of work. Additionally, the company offers a range of interest-based classes, including dance, Tai Chi, taekwondo, table tennis, English, and Japanese, allowing employees to explore personal interests and further develop themselves beyond their professional responsibilities.
These diverse activities not only strengthen the friendships among employees but also cultivate a strong sense of teamwork. During these events, the spirit of collaboration and collective sharing is further reinforced, as employees engage in joint activities that foster mutual understanding and support. This, in turn, enhances their ability to work together more effectively and creatively when facing work challenges. Through these initiatives, ALCO HOLDINGS has created a positive, dynamic corporate atmosphere, significantly boosting employee enthusiasm and team cohesion.
Strategy 3: An Open and Inclusive Corporate Environment
At ALCO HOLDINGS, diversity and inclusivity are central to the company’s corporate culture. The company brings together elite talent from around the world, with a strong commitment to fostering an open and dynamic work environment. In this setting, employees are encouraged to share their ideas and insights and actively participate in decision-making and innovation processes. This inclusive culture allows every employee to freely express themselves, realize their personal value, and feel respected and valued within the organization.
This open atmosphere motivates employees to actively communicate and share knowledge in their daily work. Through cross-departmental collaboration and exchange, employees can better integrate resources and achieve superior results. At ALCO HOLDINGS, every employee is seen as an active contributor to the company’s culture, with the organization’s success stemming from the vitality and innovation of its diverse culture. Aigo firmly believes that only under the guidance of an inclusive and diverse culture can a company continuously innovate and maintain its competitiveness in an ever-changing market.
Strategy 4: Adherence to Honesty and Integrity
Honesty and integrity hold a central position in ALCO HOLDINGS’ business principles. The company emphasizes the importance of mutual respect and keeping commitments, advocating for doing things the right way. This core value not only motivates employees but also strengthens trust and reliance among them. When faced with challenges and making decisions, Aigo’s employees carefully consider the company’s values and the impact on colleagues and clients. This strong cultural atmosphere enables employees to collaborate with greater confidence in the face of work challenges, fostering a powerful sense of internal cohesion.
This trust and collaborative relationship serve as a key pillar for ALCO HOLDINGS’ continued innovation in the market. The culture of honesty and integrity also motivates employees to continually improve their professional skills, with self-discipline and a sense of responsibility forming the foundation of teamwork. These values are further reinforced through training and development programs. ALCO HOLDINGS’ core values not only shape the company’s external image but also deeply influence internal work practices, encouraging employees to grow together in a positive and empowering environment.
Corporate Culture Driving Sustainable Development
The management team at ALCO HOLDINGS stated that the launch of these four strategic mechanisms will further strengthen the company’s competitiveness within the industry while providing employees with a more harmonious work environment and greater opportunities for growth. Moving forward, ALCO HOLDINGS will continue to leverage its outstanding corporate culture to drive sustainable development, using innovation and teamwork as the foundation to achieve higher business objectives in the global market.
Hashtag: #ALCO
The issuer is solely responsible for the content of this announcement.
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VT Markets Innovates Trading at the Hong Kong Traders Fair
Showcasing its industry-leading innovations and services, the award-winning brokerage garnered significant attention for its unique market insights and forward-thinking solutions.
Knowledge is Power
VT Markets underscored its expertise in cryptocurrency markets with a keynote speech by guest analyst Eyad. He compared various tools for trading cryptocurrencies, introducing innovative options and strategies tailored for traders.
Eyad emphasised the advantages of trading cryptocurrencies via CFDs over traditional spot asset holding, highlighting lower entry barriers and significantly reduced transaction costs.
For example, trading one Bitcoin via CFDs on VT Markets costs just $14 per transaction, compared to $66 with other methods—a cost reduction of approximately 78%. Moreover, the brokerage offers leverage up to 333:1, enabling traders to control one Bitcoin (valued at $100,000) with as little as $300. For many, this was a masterclass on how the right trading tools can give traders a strategic edge from the start.
An Enhanced User Experience
VT Markets also took the opportunity during the expo to demonstrate its app’s copy trading system and a streamlined 3-minute account opening process. This, for many attendees, was a unique opportunity to experience hassle-free trading firsthand.
With VT Markets, traders can now access global markets with minimal time and effort. In just three minutes, they can open a live account and use the brokerage’s proprietary copy trading system to replicate strategies from top traders, enabling precise entry and efficient portfolio management.
In line with its philosophy, VT Markets aims to break down the barriers of time, technology, experience, and expertise through flexible solutions, intelligent tools, and advanced technical support. By lowering the thresholds to trading and boosting efficiency, the platform delivers an ever-fresh and innovative experience tailored to investors of all levels.
Organised by FINEXPO, Traders Fair is renowned as one of the world’s largest and most prestigious financial expos. It serves as a hub for industry leaders, investment experts, and top-tier companies, as well as a bridge connecting traders of all levels.
This year’s event attracted 16 globally recognised exhibitors and featured over 10 seminars covering trending topics such as forex, cryptocurrencies, and trading tools, offering fresh perspectives, investment strategies, and trading techniques.
Hashtag: #VTMarkets #CFDs #CFDsbrokers #crypto #bitcoin #LeverageTrading #TradersFair
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The issuer is solely responsible for the content of this announcement.
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