MOSCOW (Reuters) – Russian lender Sberbank and retailer X5 Group are in talks to expand their cooperation on joint initiatives in e-commerce, cloud applied sciences and synthetic intelligence, the businesses stated on Monday.
“X5 will primarily give attention to the event of instantaneous grocery supply providers, whereas Perekrestok Vprok, a web-based hypermarket, may be a part of Sber’s e-commerce enterprise and evolve inside its ecosystem,” Sberbank stated.
(Reporting by Alexander Marrow; Editing by Andrey Ostroukh)
