Russian electronics retailer M.Video finalises $370 million funding round
ReutersMay 14, 2025 10:11 AM
MOSCOW, May 14 (Reuters) - Russian consumer electronics retailer M.Video-Eldorado MVID.MM said on Wednesday it had finalised a 30-billion-rouble ($374 million) funding round, with the money set to be used on implementing a new three-year strategy.
M.Video said in March that it would spend an extra $350 million on store openings, expanding into new cities and growing online sales in the first half of 2025.
($1 = 80.3000 roubles)
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