Strikes on Wildberries: 10% Loss of Logistics Infrastructure and 8% of Warehouses

The Armed Forces of Ukraine attacked approximately 10% of Wildberries' logistics infrastructure with drones, resulting in the incapacitation of 8% of the company's warehouses. The strikes affected facilities in Elektrostal, Kotovsk, Krasnodar, and Nevinnomyssk. Full restoration of all four sites may require 35.5 billion rubles. The reduction of logistics capacity by 8% will negatively impact delivery times and the distribution of inventory. The logistics center in Krasnodar was the main hub for the southern region of the country, and its loss isolates a key macro-region. Wildberries may redistribute flows to remote warehouses and engage third-party logistics operators. Seller losses from the attacks could amount to 100-120 billion rubles if the warehouses were fully loaded. The strikes have already caused damage exceeding 2.3 billion dollars and may lead to supply chain issues and accelerate inflation.

This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.