Core Insights - Wildberries, the largest e-commerce platform in Russia, has launched a cross-border e-commerce incubation base in Wuhan, aiming to support regional cross-border e-commerce development and facilitate trade with an expected turnover exceeding 20 billion yuan this year [1][4][11] Group 1: Company Overview - Wildberries was established in 2004 and has become the most influential e-commerce platform in Russia, holding a market share of 47% and generating the highest online sales for eight consecutive years [4] - The platform serves not only Russia but also several neighboring countries, including Belarus, Kazakhstan, and Uzbekistan, with a user base of 120 million and over 1 million sellers [4] - Wildberries processes an average of 20 million orders daily, accounting for 73% of the Russian e-commerce market [4] Group 2: Incubation Base Details - The Wuhan incubation base is designed to help Chinese cross-border sellers adapt to Wildberries' operational rules and enhance their cross-border trade capabilities [4][5] - Located in the Canglong Island Changju Technology Park, the base will provide comprehensive services across the entire industry chain, including cross-border e-commerce, logistics, and training [4][5] - The base has already signed agreements with local universities, enterprises, and associations to foster talent and support the growth of the cross-border e-commerce industry in Hubei [11][12] Group 3: Market Opportunities - The base aims to onboard over a thousand cross-border sellers this year, with a projected trade volume surpassing 20 billion yuan [1][11] - Initial interest has been shown by over 70 local companies, particularly in sectors like laser products, auto parts, and 3C products, indicating strong market demand [11] - The incubation base will also offer free training materials, commission reduction policies, and dedicated platform managers to support sellers [5][11]