VK will acquire Delivery Club – News – Hi-Tech – Kommersant
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By the end of 2022, VK intends to close a deal to purchase the Delivery Club food delivery service for the further exchange of the asset for Yandex media resources. VK will also leave the O2O Holding joint venture with Sberbank. Also “Yandex” and VK announced on the deal under which VK will receive the Yandex. News” and “Zen”.
VK and Yandex have signed binding documents on the deal. According to the terms, VK will become the owner of the Zen and Novosti content platforms and transfer to Yandex the Delivery Club service for the delivery of ready-made food and groceries, which VK is consolidating during the restructuring of O2O Holding. press release VK.
The head of Yandex.Food, Roman Maresov, said that Delivery Club will continue to operate under its own brand, and will also keep the existing website and application. “It is important that we still need to get approval from the Federal Antimonopoly Service to close the deal. Only then will the transaction take place. This should happen before the end of 2022,” Mr. Maresov added in his blog on “Yandex”.
Yesterday, August 22, The Bell reported that VK and Sberbank approved separation of the joint venture, under which VK will receive the Delivery Club service. VK explained that the companies will remain strategic partners and continue cooperation.
On the restructuring of “O2O Holding” – in the material “Kommersant” “Sbermarket will come to everything ready”.
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