Yandex buys the Boxberry delivery service. The deal will allow the company to grow its customer base and expand the geography of its logistics and e-commerce services. Yandex order pick-up points and the Yandex Delivery service will appear in more than 20 regions in different parts of the country, including Siberia and the Far East. Where the Delivery is already working, the number of PVZ will increase. This was announced by Yandex.
Boxberry's logistics infrastructure will become part of Yandex's infrastructure. After the integration is completed, Boxberry customers will have access to all the features of the Yandex platform for e-commerce and delivery: services, technologies and infrastructure.
Boxberry customers will be able to send their goods to more than 14,000 order pick-up points across Russia. They will also have access to the services of Yandex sorting centers — the company currently has more than 60 of them. So, an online store from Khabarovsk will be able to ship a batch of its goods to a sorting center in Moscow in a couple of clicks, and from there send them to customers in different cities of Russia - to pick—up points or for delivery by courier.
The list of shipping methods available to Boxberry customers will expand. They will be able to use express courier delivery — when the order arrives to the recipient during the day — and delivery within the city. Yandex technologies will help you calculate the optimal delivery time and cost based on the balance of supply and demand.
The process of technical and operational integration of the two companies is expected to be completed by the end of 2025. The Boxberry team will continue to develop logistics services within Yandex.
ICPAO Yandex is a Russian IT company. Its ecosystem includes more than 90 B2C and B2B services in such areas as information search (Search, Browser, Maps), advertising and business services (Yandex. Direct, Yandex.Metrica, Yandex Cloud, Mail, Disk), taxi ordering, carsharing and scooter rental, food delivery (Shop, Food), e-commerce (Market), education (Workshop, Academy, Textbook).
Yandex's adjusted net profit for 2024 under IFRS increased by 94% to RUB 100.9 billion from RUB 52.1 billion a year earlier. Net profit fell by 79% to 11.5 billion rubles from 55.6 billion rubles. Revenue increased by 37% to RUB 1.09 trillion from RUB 798.1 billion, adjusted EBITDA increased by 56% to RUB 188.6 billion from RUB 120.8 billion.
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