2017-05-03 11:59 Industry
Mail.Ru Group has acquired ZakaZaka
Mail.Ru Group has taken up the consolidation of the Russian food delivery market. On April 28, Mail.Ru Group completed the acquisition of ZakaZaka, the full value of which amounted to $20 million. ZakaZaka is the second largest company in the food delivery market today, as well as the second foodtech-segment company in the asset of Mail.Ru Group. The efforts of Mail.Ru Group can now be focused on improving the quality of service of a large part of the Russian food delivery market.
According to the press release of the company Mail.Ru Group, 87% of ZakaZaka's user orders fall on the mobile application of the service, with 72% of all orders coming from outside Moscow and St. Petersburg. ZakaZaka has 2,600 partner restaurants, and its total revenue for the first quarter of 2017 alone was 30 million rubles.