Yandex might leave London and Paris

Stefan Mileschin · 4th April 2022, 10:06

Streets are not paved with gold any more

Cash strapped Russian internet giant Yandex is gradually winding down the Paris operations of its e-grocery service Yango Deli and might have to exit from London.

The French service, which aims to deliver grocery orders within 15 minutes using darkstores - dedicated warehouses that cater only to online clients. It operates in Israel and under a different brand in its primary market of Russia.

"Yango Deli is gradually suspending its ultra-fast grocery delivery operations in Paris," a Yango Deli spokesperson said. "This was a pilot project with a small number of darkstores, and it has underperformed our internal targets."

The spokesperson said its London unit might be flogged off to other parties.

https://fudzilla.com/news/54630-yand...ndon-and-paris

4th April 2022, 10:06	#1
Stefan Mileschin [M] Reviewer Join Date: May 2010 Location: Romania Posts: 148,964	Yandex might leave London and Paris Streets are not paved with gold any more Cash strapped Russian internet giant Yandex is gradually winding down the Paris operations of its e-grocery service Yango Deli and might have to exit from London. The French service, which aims to deliver grocery orders within 15 minutes using darkstores - dedicated warehouses that cater only to online clients. It operates in Israel and under a different brand in its primary market of Russia. "Yango Deli is gradually suspending its ultra-fast grocery delivery operations in Paris," a Yango Deli spokesperson said. "This was a pilot project with a small number of darkstores, and it has underperformed our internal targets." The spokesperson said its London unit might be flogged off to other parties. https://fudzilla.com/news/54630-yand...ndon-and-paris

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