Riga, March 20: Online auction site eBay has set to open its warehouse close to Riga to facilitate eBay operations in Russia, media reports aforesaid.

Entrepreneurs from all over the world will use the new warehouse to store their goods for the Russian market, and might shorten the delivery time by up to 5 or 6 days to Moscow, Xinhua quoted Evgeny Tikhomirov, eBay Russian director of operations, as saying.

Currently, eBay is at its final stage of the legal formalities and by the end of March its operation can begin, media reports aforesaid.