Wildberries’ annual net profit rose 87% to 19 billion rubles, according to the company’s report, and market revenue increased 70% to 539 billion rubles. Wildberries LLC increased in many other financial indicators, including the volume of fines and penalties imposed under contracts with sellers; in 2023 it almost reached 15 billion rubles.
Join
The legal entity of the Wildberries market reported its financial results for 2023. RBC learned of the document.
According to the report, Wildberries LLC’s revenue in 2023 increased by 70% to 539 billion rubles and net profit increased by 87% to 19 billion rubles. Most of the market’s income came from agency fees – 221.6 billion rubles; the company earned 121.8 billion rubles from the retail sale of products.
Revenue from fines and penalties imposed on sellers of wild berries increased by 76% year-on-year and reached 14.9 billion rubles. Fines, penalties and sanctions under commercial contracts brought the company 4.9 billion rubles, 37 times more than in 2022.
The report also indicates that in 2024 Wildberries intends to invest 103.5 billion rubles in the construction of warehouses with a total area of approximately 2.5 million square meters. m) New commercial warehouses will appear, especially in Novosibirsk, Chelyabinsk, Ryazan and Volgograd.
Author:
Kirill Bilyk
Source: RB
I am a professional journalist and content creator with extensive experience writing for news websites. I currently work as an author at Gadget Onus, where I specialize in covering hot news topics. My written pieces have been published on some of the biggest media outlets around the world, including The Guardian and BBC News.
