Yandex.Market intends to purchase products from vendors in open auctions. We are talking, among other things, about food and furniture, the company explained to the publication, writes Kommersan.

Yandex.Market plans to buy products from sellers in open auctions

Several contests are currently being held, presenting goods for the home, children’s and sports, as well as household appliances. The innovation is supposed to help cut costs and reduce dependency on individual vendors.

Suppliers will be able to see the prices of other participants. In the future, they may change the terms of their offer.

Previously, the service searched for suppliers on its own and direct sales from the platform account for approximately 25% of turnover. It is assumed that about a third of this volume will be purchased at auction.

  • In early June, Yandex.Market filed an application for registration of a new Cubits trademark. The product list includes chandeliers, automobiles, pet strollers, video game machines, children’s trikes, playhouses, and much more.


karina pardaeva

Source: RB

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