Russia's Richest Woman Gets Putin's Nod to Build Payments System [Yahoo! Finance]
Amazon.com, Inc. (AMZN)
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Source: Yahoo! Finance
Now Russia's richest woman is making a surprise pivot: to helping insulate the economy from sanctions by building an alternative to the global payment system major Russian banks were excluded from. Most Read from Bloomberg At Blackstone's $339 Billion Property Arm, the Honeymoon Is Over CDK Tells Car Dealers Their Systems Will Likely Be Down for Days United Airlines Jet Turns Back After Engine Piece Falls Off Car Dealerships Across US Halt Services After Cyberattack Putin's Hybrid War Opens a Second Front on NATO's Eastern Border Bakalchuk's Wildberries — Russia's answer to Amazon — is starting a venture with Russ Group, the nation's biggest outdoor advertiser, to build a digital market to help small and medium-sized businesses promote and export their products, the company said this week. They also plan to create a payments platform that may offer a substitute for the dominant cross-border network, known as Swift, according to two people close to the Kremlin who decline
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AMZN
Earnings
- 4/30/24 - Beat
AMZN
Sec Filings
- 6/21/24 - Form 144
- 6/20/24 - Form 144
- 6/6/24 - Form 144
- AMZN's page on the SEC website