Russian mobile carrier Megafon is acquiring a majority stake of 63.8% in for £602.21 million.
Megafon will purchase the stake from shareholder Alisher Usmanov.
With acquisition of Zaka Zaka, we are expanding our leading foodtech market position, and we are excited by the potential of our food delivery business." Following the very successful acquisition of Delivery Club in November 2016 we are now looking to further consolidate our number 1 position in the market.
While Delivery Club orders are broadly 50/50 in terms of Moscow and Saint Petersburg and the rest of the country, 72% of Zaka Zaka orders are allocated outside Moscow and Saint Petersburg.
In November 2016, it bought Delivery Club, which was then the number one player in the market.
Boris Dobrodeev, CEO of Mail.ru, said that the firm is looking to further consolidate its place in the Russian online food delivery business.
v Kontakte has 24,2 million daily users that spend on average 39 minutes browsing the social network.
It doesn’t matter if you are new to this sport or a hardened veteran; if you are wasting the time of a scammer, or frustrating them in any way well that’s good enough for us, and we would welcome you to join with our now very large community.
Yandex is Russia’s largest search engines that apart from web search provides a large number of online and mobile services from email, maps and navigation to airplane tickets, real estate listings and platforms for hiring contractors for home jobs and small errands.
VK is Russia’s largest social network that having a very similar design and functionality is often called “Facebook of Russia”.
In FY 2016 revenues amounted to RUB 56 million and in Q1 2017 revenues were RUB 30 million."As the Russian food delivery market continues to show stable growth, it provides us with further proof that our decision to enter the foodtech segment was right.
Acquisition of Delivery Club was our first step into the market, and it proved to be a successful one: Delivery Club has displayed very significant growth in all operating metrics.