Svyaznoy sales double between January- May

Russia-based mobile phone retailer Svyaznoy’s turnover has doubled to RUB178.4 billion (USD6.1 billion) for the five months between January-May 2012. The financial payments category rose 187% to RUB117 billion (USD3.99 billion) while revenues from its online store tripled to RUB2.9 billion (USD99.1 million)

Source: Planet Retail

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