An overview of the eCommerce industry in Ukraine
We are living in a time of technological advancement. The advent of modern technologies has enabled a digital era of commerce. Ukraine is no exception to this rapid digitization of the economy with the rise of many eCommerce Companies in Ukraine. The upgrades in technology have made it easier for people to communicate amongst themselves and with businesses. The same has also led to the development of digital marketplaces.
eCommerce is a business model that sells goods and services to consumers over the Internet. The eCommerce industry has had a significant impact on the economy and society. It also refers to transactions that occur between companies and consumers. eCommerce is a global phenomenon that has taken over the retail industry in recent years. We can reward it for boosting economic growth and altering our lifestyles.
Ukraine has a high internet penetration rate and an untapped e-commerce market that propelled many eCommerce Companies in Ukraine. The Ukrainian e-commerce market is vast and can be found online and in stores. The Ukrainian e-commerce market is an untapped goldmine. The internet penetration rate of Ukraine will go over 85% by 2024, per the expectations of data analysts, making it easier for the Ukrainian e-commerce market to grow.
The revenue of the Ukrainian eCommerce market stands at US$ 838 million as of 2020. The Ukrainian eCommerce market is vast and is growing exponentially. It has helped create jobs and also changed the way people shop. Read ahead to find out about the top 10 eCommerce companies in Ukraine!
Top 10 Best eCommerce Companies in Ukraine
The Ukrainian eCommerce market has immense opportunities for companies to grow and earn profits. People call it the future of retail, with many predicting that it will overcome traditional modes of commerce in terms of sales volume and reach. Here is a list of the ten best eCommerce websites in Ukraine that will make your digital shopping experience memorable!
1. Rozetka
Rozetka is Ukraine's largest online shop. The organization is known for providing a one-stop shop for all of a customer's needs. Offering a fair price and a service guarantee has made online purchasing convenient and safe. Rozetka allows people to find everything they need in one location without wasting time looking for it. Along with its online storefronts, the company is opening offline stores where customers may try out and buy the products they enjoy.
Company Name
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Rozetka
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Founded
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2005
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Founder & CEO
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Vladyslav Chechotkin
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Headquarter
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Kiev
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Products, Services, and Benefits
|
|
2. Prom.ua
Prom.ua is one of Ukraine's most prominent marketplaces, with over 100 million items offered by thousands of entrepreneurs across the nation. Every month, 54 million people visit the marketplace. It provides information about the newest prom fashion trends as well as its line of merchandise. Prom.ua is an all-Ukrainian commerce center on an internet trading platform with a designer of websites and online businesses. It made online trading understandable and accessible to everyone.
Company Name
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Prom.ua
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Founded
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2008
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Founder & CEO
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Nikolai Palienko, Denis Gorovoy and Taras Murashko
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Headquarter
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Kiev, Kyyivs'ka Oblast', Ukraine
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Products, Services, and Benefits
|
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3. Kidstaff
Kidstaff has millions of branded products for kids and adults from manufacturers, online businesses, and ecommerce merchants across Ukraine. The ecommerce platform facilitates hundreds of thousands of transactions daily between consumers and sellers. New purchasers can use the rating and feedback system to gain a sense of the seller and make an informed purchasing decision.
Company Name
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Kidstaff
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Founded
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2008
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Founder & CEO
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No information available
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Headquarter
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Ukraine
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Products, Services, and Benefits
|
|
4. Hotline
Hotline.ua is one of the eCommerce Companies in Ukraine. The platform provides an online service that assists buyers in locating, comparing, selecting goods, storing, and making purchases. Users visit the Hotline site over 370 thousand times daily, and the platform has over 11 million visits every month. The hotline brand is synonymous with successful retail, technology advancements, dependability, and honesty.
Company Name
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Hotline Smart Shopping
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Founded
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2006
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Founder
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Vladimir Wozniak
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Headquarter
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Kyiv, Ukraine
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Products, Services, and Benefits
|
|
5. Price.ua
Price.ua is a comprehensive online catalog of goods and services for all Ukraine. The record provides the most comprehensive price information for each product, allowing customers to make the best decision. The company is a marketplace for home, beauty, health, children, electronics, and other items. The company has delivered quality products and services to its customers at affordable rates for over ten years.
Company Name
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Price.ua
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Founded
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2001
|
Founder & CEO
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No information available
|
Headquarter
|
Kiev, Kyyivs'ka Oblast', Ukraine
|
Products, Services, and Benefits
|
|
6. Allo
Allo is a classified website that offers a wide range of products to the Ukrainian market. They operate as a leading electronic platform in several countries and are one of the world's largest employers. Allo provides a vast assortment of gadgets, smartphones, computers, electric appliances, and multimedia on its website. They operate in 140 Ukrainian cities and have roughly 10 million monthly visitors to their website.
Company Name
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Allo
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Founded
|
1998
|
Founder & CEO
|
No information available
|
Headquarter
|
Dnipropetrovsk, Dnipropetrovs'ka Oblast', Ukraine
|
Products, Services, and Benefits
|
|
7. Mobilluck
For Ukrainians, Mobilluck is one of the most popular internet marketplaces. It offers various products and services, from household appliances to electronics and children's items. The eCommerce site has grown tremendously due to many customers coming to it for their technological demands.
Company Name
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YellowArrow.Design
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Founded
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2005
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Founder
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NA
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Headquarter
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Kyiv, Ukraine
|
Products, Services, and Benefits
|
|
8. Eldorado
Eldorado is a Ukrainian network of home appliances and electronics retailers that operates both offline and online and is one of the more popular eCommerce Companies in Ukraine. It was created in 1999 as a subsidiary of the same-named chain. Since 2013, it has been under the Ukrainian administration and has been Ukraine's leading retailer of electronics and household appliances in terms of turnover.
Company Name
|
Eldorado
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Founded
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1999
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Founder
|
Victor Polishchuk
|
Headquarter
|
Ukraine
|
Products, Services, and Benefits
|
|
9. Bonprix
Bonprix is a Hamburg-based worldwide fashion house. The online retailer transforms the current fashion trends into everyday wear, delivering creative collections in various styles and sizes for all occasions. It is one of the Otto Group's most efficient firms, operating in 29 countries across Europe, Russia, and the Americas.
Company Name
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Bonprix
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Founded
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1986
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Founder & CEO
|
Otto Group
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Headquarter
|
Hamburg
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Products, Services, and Benefits
|
|
10. leBoutique
LeBoutique is an online shopping club where you can get great deals on clothing, shoes, bags, and accessories from well-known Western and Ukrainian designers. It offers customers a wide variety of things to choose from. Men's and women's clothes, shoes, and accessories have grown significantly.
Company Name
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boutique
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Founded
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2010
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Founder
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Andriy Drohobytskyi, Roman Onyshchenko
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Headquarter
|
KievKyiv, Kyyivs'ka Oblast', Ukraine
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Products, Services, and Benefits
|
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Tips for choosing the best eCommerce company in Ukraine
Ukraine is a country with much potential for eCommerce. It would help if you compared different aspects of their services to find the best company. Here are some tips for choosing the best eCommerce company in Ukraine:
1. Research about their products and services:
- As a first step, examine their products and services. Check to discover if the company provides a varied range of services. It would help if you also looked into the services and benefits the business offers its customers.
- Virtual assistants and chatbots, email and SMS alerts about new items, clear communication about orders placed, and more can all be part of a strong eCommerce company's customer care.
2. Delivery Policies:
- It's critical to pick an eCommerce company with a quick and straightforward shipping policy. Companies that have explicitly put out their shipping standards are dependable and secure.
- Before you choose an eCommerce company for your online purchasing, you should be aware of the possible delivery expenses.
3. Customer Satisfaction:
- It is crucial to know about the company’s experience in serving its customers.
- Examining prior customers' experiences may assist you in better understanding the company's services.
- It also tells you about the company's customer support capabilities if something goes wrong during your online shopping experience.
- A satisfied consumer will always return to a business and spread the word about their services through word of mouth.
- Before you choose an eCommerce provider for your business, you should search for excellent ratings and customer retention rates.
4. Return and Refund Policies:
- One of the most common issues customers encounter on eCommerce websites is product returns. Every business has its return policy.
- Not understanding the return policies ahead of time can be inconvenient.
- An ideal eCommerce business clearly states its return policies on its website and follows them at all times.
5. Payment Policies:
- The payment policy is another factor to consider when selecting an eCommerce company.
- You should look into the company's payment options and choose one that is most convenient for you.
- To avoid future inconvenience, the payment proof must be ethical and legally genuine.
6. Online delivery monitoring and time:
- Delivery patterns and policies may vary from one company to the next.
- If you want to shop on a trustworthy eCommerce website, opt for one that offers fast deliveries and online monitoring.
- Online tracking can assist you in determining the approximate delivery time for your items.
- Look for eCommerce websites that offer online chat or phone help, which you can employ in the event of a delivery delay.
Final Words
In today's culture, eCommerce has become one of the essential industries. E-commerce has become a necessary aspect of our lives as more people use the internet to obtain services. The best eCommerce Companies in Ukraine have a long way to go before they can become a central hub for international firms. However, with the proper planning and development, Ukraine's eCommerce sector has the potential to become one of Europe's most appealing. We hope this post has informed you about the various companies that provide eCommerce services and has assisted you in locating your ideal firm!