Online Supermarket of Services

Invest in the first Russian online supermarket of services, which currently covers every major Russian city
The Business
The Company has developed the first Russian online supermarket of services, which allows users to shop and make price and quality comparison for a number of types of products: banking and financial services, telecom, tourism and insurance. The Company’s services cover the entire country in cities with more than one million population.

Currently, information about the services of more than 1,600 corporate service providers is presented and regularly updated on the site.

Since launch in mid-2008, site visitors has been growing on average more than 20% each month. There are now more than 6,500 unique users each day, expected to increase to over 10,000 by the end of the year. Three percent of users fill out applications for services.
Market
Russia is currently in the second place in Europe as far as the number of internet users is concerned following only Germany. Internet technology plays ever increasing role in our daily lives creating new opportunities for obtaining up to date correct information that we need to make right decisions. Internet is the most objective and transparent mediator between the source of information and its consumer.

When one wants to apply for an auto loan or for a mortgage it is extremely important to make a responsible informed choice. The average Russian customer is not much different from its European peer and is willing and ready to spend time to make sure that his choice is right.

Research on the Russian internet audience this year by the Internet marketing company Ad Labs showed that if a product (or a product service) costs 30,000 rubles ($1 000) or more, 62% of customers spend more then 3 weeks before making final decision.
Sector: Internet
Segment: Shopping Services
Region: Russia
Financing Size: $1m to $5m
Contact: Philippe Der Megreditchian
Company: OLMA
Telephone: +33 6 03 88 30 13
Email: [email protected]