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Articles with tag "Wildberries"

Yandex Market Limits Liability for Drone Attacks After Wildberries Strikes

The changes make Yandex Market the latest major Russian marketplace to shift more of the financial risk from wartime disruptions onto merchants.

Ukrainian Drones Strike Wildberries Logistics Hubs in Southern Russia

The founder of the online retailer said overnight attacks hit two distribution centers in the Krasnodar and Stavropol regions.
2 Min read

What We Know About the Aftermath of Ukraine’s Wildberries Drone Strikes

The strikes, one of the costliest attacks on Russia’s commercial infrastructure since the start of the war, hit small businesses especially hard.
4 Min read

Ukrainian Drone Attacks Kill 7 Warehouse Workers in Russia

A wave of Ukrainian drones struck two warehouses belonging to the online retailer Wildberries, as well as an oil refinery in the Moscow region.
1 Min read

Wildberries Stops Compensating Sellers for Products Damaged in Airstrikes

Starting Tuesday, July 7, Wildberries will not be required to compensate sellers under force majeure circumstances resulting from artillery, drone and...
1 Min read

Wildberries and VTB Bank Announce Strategic Partnership

VTB said it will acquire an initial 5% stake in RWB’s digital financial services provider, WB Bank, with an option to increase its stake over time.
2 Min read

Wildberries & Russ Buys 3 Ride-Hailing and Delivery Companies in Direct Challenge to Yandex

The online retailer acquired Citymobil, Taksovichkof and Gruzovichkof at a total estimated cost of $37-100 million.
1 Min read

Kadyrov and Billionaire Senator Kerimov Bury the Hatchet

A rift between the two men emerged in October 2024, when Kadyrov declared a “blood feud” against Kerimov and two other lawmakers.
1 Min read

Putin Signals Support for Online Marketplaces in Dispute With Banks – The Bell

The Bell suggested that Putin’s apparent affinity for online marketplaces may be influenced by his close ally Yury Kovalchuk, who is reportedly connected...
2 Min read

Wildberries & Russ Acquires Cosmetics Chain Rive Gauche

Founded in 1995, Rive Gauche ranks as Russia’s fifth-largest perfume and cosmetics retailer by revenue.
1 Min read
News Analysis

How Customer Discounts Ignited a Battle Between Russia’s Banks and E-Commerce Giants

Russia’s top e-commerce platforms offer discounts to customers who use the platforms’ in-house banks. Traditional lenders are now crying foul.
6 Min read

Wildberries Targets First African Market With Ethiopian Expansion

The cooperation agreement with Ethiopia’s largest state-owned investment firm signals the Russian e-commerce giant’s push into Africa.
1 Min read

Russia’s Richest Woman Settles Divorce 1 Year After Deadly Office Confrontation

The specific terms of Thursday’s settlement have not been made public, but Kim said the terms were “acceptable to both sides.”
1 Min read

Ex-Husband of Russia’s Wealthiest Woman Ordered to Pay Her $2.6M

Wildberries’ merger with Russ Group last year sparked a bitter corporate and personal dispute between Tatiana Kim and Vladislav Bakalchuk.
2 Min read

Moscow Court Awards Russia’s Wealthiest Woman Ex-Husband’s Stake in Online Retailer

Tatiana Kim divorced her ex-husband Vladislav Bakalchuk after a surprise merger with outdoor advertising firm Russ Group last summer.
1 Min read

Wildberries Accused of Hiring North Koreans at Moscow Region Warehouse

The online retailer said it launched a pilot project to employ foreign laborers but did not address claims that it recently hired “hundreds” of North...
2 Min read

Wildberries Co-Founders Finalize Divorce Amid Corporate Power Struggle

The Wildberries dispute escalated in September when a group of armed men tried breaking into the company’s Moscow offices.
2 Min read

What Kadyrov’s ‘Blood Feud’ Declaration Really Means

Experts call the move a last-resort tactic in the Wildberries saga that could be a sign of Kadyrov's declining powers.
5 Min read

Russian Lawmakers Deny Ordering Kadyrov’s Assassination

“With Allah as a witness, I declare that I knew nothing about this,” State Duma deputy Bekhan Barakhoyev said during a meeting with supporters.
2 Min read
opinion Abubakar Yangulbaev

Kadyrov's 'Blood Feud' Is a New Escalation in His Power Play

Kadyrov's declaration of a “blood feud” marks the emergence of an ancient Chechen traditional justice on the national stage.
4 Min read
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