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Another whining russian. Another reminder that this imperial nation is beyond cure. This man owned property that burned in today's Wildberries warehouse fire. Instead of asking why russian warehouses keep going up in flames, he's accusing Wildberries of cheating him. The irony is that just weeks ago, after Ukrainian...

21,098 просмотров • 2 месяцев назад •via X (Twitter)

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Popular Russian economist Nikolai Myachin says rumours that Wildberries could go bankrupt following the recent drone attacks on its warehouses are overblown. “Because of the summer attacks, Wildberries has lost one million square metres of warehouse space, or 20% of the total area of all its warehouses,” Myachin said. He estimates rebuilding them will cost between up to $970 million. “For you and me, that's an astronomical sum, but how big is it for Wildberries?” he asked, noting that the company entered 2026 with about $646 million in cash and made roughly $2.13 billion in net profit last year. The bigger problem, he insists, is that warehouses are the core infrastructure of a marketplace and founder Tatyana Kim spent around $3.78 billion in 2025 expanding capacity, while Wildberries planned to increase its warehouse space by another third this year, to 7 million square metres. “Instead of becoming 30% larger, its warehouse capacity has become 20% smaller,” Myachin said. Even so, he believes bankruptcy is effectively off the table. asWildberries remains Russia’s largest marketplace, sellers are not abandoning it en masse, and the company’s sheer economic importance makes a collapse highly unlikely. Its parent company alone paid around $500 million in taxes last year, before counting taxes paid by sellers and operators of collection points. “Wildberries is too big to fail,” he said. “Bankruptcy of Wildberries, even if half of all its warehouses were taken out, isn't an option. It;s simply physically impossible because Wildberries plays too large a role in the Russian economy, and its margin of safety remains sufficiently large.”

Brian McDonald

19,127 просмотров • 1 месяц назад