Sberbank Announces $400M E-Commerce Investment
Sberbank Announces $400M E-Commerce Investment Russia’s state-owned lender continues its push into the technology and consumer spheres. Sberbank is aggressively moving into a host of other industries. Facebook.com/Sberbank Sberbank — Russia’s largest state-controlled bank and most valuable company — announced a $400 million investment Thursday in the online retail space as it seeks to become one of the country’s leading e-commerce players. The finance giant, which is fast moving into the technology space and rebranded to “Sber” last yea...