Maxim Faldin

Budget: fee on request
Geography: Russia & CIS countries

Maxim Faldin is the founder of the online hypermarket Wikimart and the Internet boutique of children's clothing Little Gentrys.

Maxim Faldin, a graduate of Moscow State University and Stanford, is a classic example of a young entrepreneur. Together with his classmate, he founded Wikimart in 2008, one of the largest companies in the online trade industry in Russia, an online hypermarket that unites 1500 online stores and own retail. In creating the store, Faldin focused primarily on Amazon and Ebay, but equally important for him was to adapt the standard model to Russian realities, for example, remove auction, sell c2c and trade in second-hand goods, and add own goods.

Thus, a unique business model has been developed that has been successfully developing and growing all these years. On January 18, 2013, with the filing of Maxim Faldin under the auspices of the Association of Internet Trade Companies in RuNet, cyber Monday - the day of large online sales was held for the first time. Wikimart took 6 thousand orders totaling $ 2 million (approximately 2 times more than at the peak of New Year sales).