Wildberries Loses Up to $11.9 Billion as Ukraine Destroys 1/3 of Warehouse Capacity
Updated
Updated · UNITED24 Media · Aug 14
Wildberries Loses Up to $11.9 Billion as Ukraine Destroys 1/3 of Warehouse Capacity
3 articles · Updated · UNITED24 Media · Aug 14
Summary
Nearly 1 trillion rubles in combined damage has hit Wildberries and its sellers after Ukrainian strikes destroyed all of the retailer’s major warehouses and about one-third of its storage capacity, Forbes reported.
147-223 billion rubles of that total reflects Wildberries’ direct infrastructure losses, while demolition, debris removal and site restoration could lift the company’s bill to 278 billion rubles.
445-700 billion rubles in destroyed merchandise was borne by sellers, with supplier groups saying many lost up to 95% of their stock and received only 2,000-30,000 rubles in compensation.
A Liutyi drone strike last week on a Wildberries logistics hub in Yekaterinburg underscored the campaign’s reach, flying more than 1,700 kilometers before igniting multiple fires at the site.