Wildberries Expands Logistics Footprint with Acquisition of Three Major Russian Freight Platforms

On April 3, it was reported that RWB, a joint venture established by Wildberries and Russ, has completed the acquisition of three major transportation and freight services: Citymobil, Taxovichkof, and Gruzovichkof. The transaction aims to optimize the delivery system and promote the application of self-developed e-commerce technologies, accelerating goods distribution in over 100 Russian cities, including Siberia and the Far East, with a focus on solving the costly last-mile logistics challenge. The acquired assets originally belonged to the People & People Group, and the transaction agreement stipulates that the seller cannot re-enter the Russian transportation market in the short term. The specific financial amount has not been disclosed, but industry estimates place the transaction value between 3 billion and 8 billion rubles. The core of the acquisition lies in gaining IT systems and software that can be deeply integrated with e-commerce infrastructure. Data shows that Citymobil's annual revenue is 416 million rubles, while Gruzovichkof's turnover reaches 936 million rubles. After integration, the two parties will unleash synergies, helping RWB reduce operational costs and independently control the entire delivery chain, thereby consolidating its competitive advantage in the Russian e-commerce market. Additionally, Wildberries' self-developed exclusive ride-hailing app has completed preparations and will further enhance its full-scenario ecosystem services by leveraging this logistics layout in the future. [Source: Ebrun Go. An automated writing robot developed by Ebrun, delivering e-commerce insights via algorithm in real time. This bot is still young; welcome to contact run@ebrun.com or leave comments to help it grow.]