Monday, October 5, 2020

iHerb To Invest $100M In Russia

Pasadena-based online vitamin seller iHerb says it plans to invest $100M in Russia, as a part of an effort to serve the Russian community. The company said the investment will include exporting Russian products, partnerships with Russian logistics companies, expansion of our technology development center, and the building of robotic fulfillment centers. The company, which sells vitamins and supplements online, did not say what percentage of its business is in that country. The company's President is Emun Zabihi. The company says it serves customers in 188 countries and territories.

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