DLA Piper has advised KazanExpress on an acquisition of a 30% stake in the company from AliExpress Russia — a joint venture between China’s Alibaba Group and Russia’s MegaFon, Mail.ru Group, and Russian Direct Investment Fund. Alrud advised AliExpress Russia on the deal. Financial terms were not disclosed.
KazanExpress.ru is an online marketplace for Chinese and Russian goods with free one-day delivery. According to DLA Piper, “the investment will help the company expand its logistics platform, supporting its active expansion from 33 to 127 cities in the European part of Russia.”
DLA Piper’s Moscow-based team was led by Partner Leo Batalov and included Legal Directors Andrei Sheetkin and Alexei Kolesnikov and Associate Alexandra Braterskaya.
Alrud's team included Partner Alexander Zharskiy, Counsel Oleg Ezhov, Senior Associate Timur Akhundov, and Associates Alexander Shipilov and Irina Cherdintseva.
