Ozon shares plunge nearly 30% as Ukraine expands drone strikes on Russian e-commerce

Ukraine has expanded its drone campaign against Russian e-commerce logistics from Wildberries to Ozon, Russia’s second-largest online retailer, with strikes reported at six facilities over three days. Ozon shares plunged nearly 30% on the Moscow Exchange on Monday after attacks on hubs in southern Russia, including Makhachkala in Dagestan, Enem near Krasnodar, and a Samara-region center where a fire forced the evacuation of more than 500 employees; earlier market reports had cited a drop of as much as 12%, while shares in major shareholder AFK Sistema fell almost 13%. Russia’s defence ministry said three children were killed and six others hospitalized in Krasnodar, and workers were evacuated from sites in Adygea and Stavropol. Ukraine’s defence ministry said systematic strikes on storage centers holding dual-use goods are disrupting logistics and pressuring the wartime economy after units hit 15 of Wildberries’ largest hubs. President Vladimir Putin said Ukraine had opened “Pandora’s box” and vowed to hit Kyiv’s most sensitive economic sectors. Combined revenue of Wildberries, Ozon and Yandex Market reached about $140.3 billion last year, more than 5% of Russia’s GDP.

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