MainMarket in Brief

X5 Group

X5 Group Reports 93% Digital Business Growth

March 17, 2022, 13:20 (UTC+3)|
136

X5 Group reports that digital business growth was 92.9% yoy in its financial report for Q4 and 12 months of 2021. Among the factors that influenced the performance, the company highlighted:

  • growth in demand for online services;
  • increase in the number of new clients of online services;
  • expansion of the express delivery network and Vprok.ru to new regions;
  • expansion of the 5Post delivery network;
  • emergence of new e-commerce partners of 5Post;
  • acquisition of Mnogo Lososya (a food tech company).

Product cards

Vprok Perekrestok


Earlier, it was reported that the revenue of digital businesses of X5 Group in 2021 had grown by 140%, reaching 47.9 billion rubles. The largest growth of the segment’s percentage in consolidated revenue was observed in Moscow and the Moscow region.

Original (in Russian)

Subject:

#company_reporting

Companies:

#X5_Group

Share:

Learn more about Moscow IT Market by subscribing to our newsletters

By clicking the button you agree to Privacy Policy

Unless otherwise stated, the content is available under Creative Commons BY 4.0 license

Supported by the Moscow Government