Russian E-Commerce Giants Beg Kremlin for Bailout After Devastating Drone Strikes
- Russia’s largest e-commerce companies have appealed to the government for non-refundable federal financial aid to compensate sellers for catastrophic losses caused by Ukrainian drone attacks, The Moscow Times reported on August 14.
- The appeal follows a Ukrainian drone campaign that destroyed all of industry giant Wildberries' major warehouses, eliminating roughly one-third of the company’s total storage capacity.
- A recent report estimates the total financial impact could approach 1 trillion rubles ($11.87 billion), comprising up to 700 billion rubles ($8.31 billion) in lost seller merchandise a
Confirmed
- The appeal follows a Ukrainian drone campaign that destroyed all of industry giant Wildberries' major warehouses, eliminating roughly one-third of the company’s total storage capacity.
- A recent report estimates the total financial impact could approach 1 trillion rubles ($11.87 billion), comprising up to 700 billion rubles ($8.31 billion) in lost seller merchandise a
Unverified
- Russia’s largest e-commerce companies have appealed to the government for non-refundable federal financial aid to compensate sellers for catastrophic losses caused by Ukrainian drone attacks, The Moscow Times reported on August 14.
Sources: United24media