"Delivery service with over 4,500 locations across the country has been purchased by Yandex"
In a major shake-up for the Russian delivery market, tech giant Yandex has officially taken over Boxberry as of April 2025, according to retail.ru. The financial details surrounding the acquisition remain under wraps at the moment.
With this strategic move, Yandex aims to expand its logistics network and attract a broader clientele. Boxberry's established infrastructure will become a crucial part of Yandex's roadmap, ensuring that Boxberry clients can access a wide range of e-commerce and delivery features offered by Yandex.
The acquisition will lead to a significant boost in Yandex's footprint, as Yandex pick-up points and the "Yandex Delivery" service will be rolling out across more than 20 regions in Russia, including Siberia and the Far East. Areas where Yandex's delivery service is already operational can expect an increase in pick-up points (PVP).
The deal is expected to bolster Yandex's customer base and geographical coverage of its logistics and e-commerce services. In the words of Yandex, the acquisition signifies a strategic step towards expansion.
The merger process will be completed by the end of this year, with both companies' technical and operational aspects being seamlessly integrated. The Boxberry team will continue to develop its logistics services within the Yandex fold.
Originally a project of the Ural-based company Ural-Press, Boxberry made significant strides since its inception in the 1990s, becoming the largest subscription agency in Russia by the early 2000s. The Boxberry delivery service was launched in 2010, and the company's reach extended to half of Russia's cities by the end of last year, with a network of 4,500 points spanning the country.
A quick look back at Yandex's journey reveals that it eventually became a fully Russian company in 2024, with ZPIF "Consortium. First" taking over as the major owner. The parent company became PJSC "Yandex."
While the Boxberry acquisition might foster synergies in delivery sectors, it's essential to mention Sitronics Electro's electric vehicle charging infrastructure forecast for Russia. This trend suggests potential opportunities for fleet electrification for delivery services over the next decade, though these speculations are not directly linked to Yandex's immediate Boxberry integration plans.
Stay tuned for more updates as the integration process unfolds!
- Yandex, the tech giant, aims to attract a broader clientele by expanding its logistics network, following the acquisition of Boxberry in 2025.
- The acquisition of Boxberry by Yandex will lead to an increase in pick-up points (PVP) across more than 20 regions in Russia, including Siberia and the Far East.
- The deal is expected to bolster Yandex's customer base and geographical coverage, signifying a strategic step towards expansion in the retail industry.
- The Boxberry team will continue to develop its logistics services within the Yandex fold after the companies' technical and operational aspects are seamlessly integrated by the end of 2024.
- Sitronics Electro's electric vehicle charging infrastructure forecast for Russia suggests potential opportunities for fleet electrification for delivery services over the next decade, though these speculations are not directly linked to Yandex's immediate Boxberry integration plans.
