eBay Sets Up Shop in Russia

The world’s virtual flea market, eBay, has set up shop in Russia. The Russian subsidiary will be headed by Vladimir Dolgov, a former Google manager in Russia, Vedomosti daily reported. eBay has been considering the Russian market since 2010, when its international shopping system eBay International Market (eIM) was launched. The platform allowed people living in Russia to search for products around the world, compare them with other products and buy them through the eIM Russian interface.