Ukrainian Drone Strikes on Wildberries Warehouses Shake Russian Economy
· World · The Independent, Bloomberg, BBC News
Ukrainian drone attacks targeting warehouses belonging to Russia's largest online retailer, Wildberries, have burned billions of dollars worth of merchandise over the past month. The strikes hit about 20 facilities across regions stretching from Moscow and St. Petersburg to the Ural Mountains. The attacks have disrupted operations for Wildberries, which accounts for about half of all online orders in Russia and relies on an estimated 500,000 to 800,000 individual sellers. The company, founded by Russia's richest female entrepreneur Tatyana Kim, has drawn massive loans from VTB and other banks that may now face repayment hurdles. The campaign poses a fresh challenge to President Vladimir Putin nearly four and a half years into the full-scale invasion.
Why it matters
Striking Russia's e-commerce infrastructure directly impacts hundreds of thousands of independent sellers and strains the country's broader financial system.
Read the original report — The Independent
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