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EBay to Alibaba Hurt by Russia Rules as Local Rivals Gain

Russia’s new rules on express parcels delivered from abroad are benefiting local online stores at the expense of global companies such as EBay Inc. and Alibaba Group Holding Ltd., Renaissance Capital said.

Strengthened document checks were introduced this month on imported goods intended for personal use, regardless of their value, Kommersant reported. Express-delivery operators including Deutsche Post AG’s DHL unit and FedEx Corp. reacted by stopping shipments to private individuals in the country, while others such as United Parcel Service Inc. said deliveries would suffer delays.