Wildberries and Russ have completed the merger. "I am pleased to announce that the restructuring of our combined company has been completed, and we are now ready for new projects," Wildberries CEO Tatiana Kim (Bakalchuk) said on Telegram.
Wildberries previously announced that the company and outdoor advertising operator Russ are teaming up to jointly create a digital trading platform.
A digital media platform, a network of advertising structures, own logistics hubs, warehouses and logocenters will become the basis for the creation and development of a new digital market.
The purpose of the association is to create a digital trading platform and provide seamless tools for the development of small and medium-sized businesses in the countries of presence.
The geography of the project will cover the territory of the Russian Federation, the former CIS countries, the countries of the global South: Asia, Africa, the Middle East, the CIS, India and China.
Wildberries is a major online retailer. The geography of the company's presence covers the following countries: Russia, USA, Poland, Slovakia, Belarus, Kazakhstan and others.
More news is on the Telegram channel "Mergers and Acquisitions. AK&M».
