The Coffee Like chain bought the business of its competitor Coffee Moose, a relative of Ivan Kolomoyets consolidated 100% of the LinguaLeo online school, Avito will launch its own delivery network and other events on March 7.

Coffee Like bought the Coffee Moose business, Avito will launch its own delivery network: the main thing on March 7

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Investments

  • Colombian fintech Yuno closed a Series A round of $25 million and its valuation reached $150 million, led by DST Global Partners.

Business

  • The Coffee Like chain bought the business of its competitor Coffee Moose. Experts estimate the value of the brand at several tens of millions of rubles.
  • Irina Kolomoyets, a relative of Ivan Kolomoyets, consolidated 100% of the LinguaLeo online school. Analysts estimated the company’s Russian business at between $0.8 million and $1 million.
  • The Russians began to go to the “winter camps” less frequently. The number of trips for a period of three weeks or more in December-March decreased by 15% year-on-year

Services and technologies

  • Avito will launch its own delivery network. Partners represented by multi-brand and single-brand order collection points will be able to connect directly without intermediaries, as was the case until now. The platform will run on software developed by Avito.

Author:

Team RB

Source: RB

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