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3 Min Read MOSCOW (Reuters) - Online retailer AliExpress Russia on Wednesday said an initial public offering was a possible step for the company, which reported gross merchandise volume (GMV) of $3 billion for the 2020-21 financial year. FILE PHOTO: The logo of AliExpress is seen inside the company s office in Moscow, Russia July 9, 2020. Picture taken July 9, 2020. REUTERS/Evgenia Novozhenina A joint venture launched in 2019 with China’s Alibaba and Russian partners, AliExpress Russia operates domestic and cross-border sales. The company said it now has 29.1 million monthly active users on its online marketplace. AliExpress Russia did not give a comparison for total GMV, which stood at 229.3 billion roubles ($2.96 billion) for the year to March 31. GMV for its domestic business was up 151% year-on-year at 54.9 billion roubles, the company said.

David goodmanDmitry sergeevJane merrimanAnna rzhevkinaThomson reuters trust principlesAliexpress russiaExpress russiaThomson reuters trustடேவிட் நல்ல மனிதன்ஜேன் மெரிமந்தாம்சன் ராய்ட்டர்ஸ் நம்பிக்கை ப்ரிந்ஸிபல்ஸ்அளியெஸ்ப்ரெஸ் ரஷ்யாஎக்ஸ்பிரஸ் ரஷ்யாதாம்சன் ராய்ட்டர்ஸ் நம்பிக்கை