I'm amazed they haven't filed for bankruptcy yet. No insurance will cover this and surely they can't just shrug off loosing all this infrastructure and product.
They don't take any responsibilities for the products in this case. It surely hurts them but it hurts small businesses even more. That's has even more irreversible damage potential.
They also sell their own merchandise but yeah, the 3rd party losses are gonna be bad. The only parts of the Russian economy that didn't shrink last year were military and related, so it's probably going to hit a whole bunch of people who were kinda fucked already.
Am I correct in my understanding that Ukraine is targeting Wildberries because they were distributing parts used to manufacturer drones for warfare? And that these are all warehouses, not (directly) related to manufacturing?
They had a massive segment of military goods for sale. Everything from drone supplies to body armor. So they are actively engaged in supporting the Russians invasion.
These are also massive warehouse hubs for the distribution of all sorts of goods. Like a large Amazon warehouse. Destroying them is an absolutely massive hit to the Russian economy with minimal risk of civilian casualties.
Ukraine is targeting the weak points of russia, the parts which will deal the most damage to economy. Wilberries happens to be one of this points as majority of russians are using it for buying products, and manufacturers use it to sell products. It is a huge multi-billion logistics company, which when destroyed will cause irreparble damage to economy. Yesterday it was oil refineries, today wilberries, tomorrow something else.
That might be part of it, but they're one of the largest debtors in russia, with billions owes to banks.
Their bankruptcy will cause a cascading effect with banks failing. Classic case of "if I owe the bank a thousand dollars, that's my problem, if I owe them a million, that's their problem". There are already signs that russian banks are facing insolvency issues.
With drone parts it’d be more effective to hit where they’re coming from if that’s domestic production.
So in my understanding it’s an economic damage measure - warehouses for a marketplace where businesses sell all kinds of stuff. And since it’s the biggest one like that in Russia - it hurts them a lot, which is nice.
28 Comments
cronenthal@discuss.tchncs.de · 25 pts · 33d
I'm amazed they haven't filed for bankruptcy yet. No insurance will cover this and surely they can't just shrug off loosing all this infrastructure and product.
Mika@piefed.ca · 12 pts · 33d
They don't take any responsibilities for the products in this case. It surely hurts them but it hurts small businesses even more. That's has even more irreversible damage potential.
fist_of_fartitude@sh.itjust.works · 8 pts · 33d
They also sell their own merchandise but yeah, the 3rd party losses are gonna be bad. The only parts of the Russian economy that didn't shrink last year were military and related, so it's probably going to hit a whole bunch of people who were kinda fucked already.
Cherry@piefed.social · 6 pts · 33d
So 11 of 25. How many of 25 do you think before bankruptcy? My guess 14.
homesweethomeMrL@lemmy.world · 17 pts · 33d
“Looks like Wildberries is transferring their inventory to the cloud.” 🤭
-Jake Broe
Initech_vs_Initrode@lemmy.zip · 13 pts · 33d
Am I correct in my understanding that Ukraine is targeting Wildberries because they were distributing parts used to manufacturer drones for warfare? And that these are all warehouses, not (directly) related to manufacturing?
The_v@lemmy.world · 37 pts · 33d
They had a massive segment of military goods for sale. Everything from drone supplies to body armor. So they are actively engaged in supporting the Russians invasion.
These are also massive warehouse hubs for the distribution of all sorts of goods. Like a large Amazon warehouse. Destroying them is an absolutely massive hit to the Russian economy with minimal risk of civilian casualties.
woelkchen@lemmy.world · 8 pts · 33d
Had?
woelkchen@lemmy.world · 21 pts · 33d
They sell all kinds of wares that help murder Ukrainians.
Russians signing up for the military need to get their own equipment since quite some time.
Same with Wildberries competitor Ozon:
nymnympseudonym@piefed.social · 5 pts · 33d
I do wonder why Ozon is not also getting hammered.
Finish WB first, then Ozon?
woelkchen@lemmy.world · 2 pts · 33d
I think they are but so far to a lesser extend. I only know the name because it was mentioned in one of the attack reports.
ChairmanMeow@programming.dev · 17 pts · 33d
They also distributed general military gear you could purchase from them. But yes this is logistics being hit, not manufacturing.
woelkchen@lemmy.world · 9 pts · 33d
Still do. That's why they're still a legitimate target.
ChairmanMeow@programming.dev · 4 pts · 33d
Well not from those bombed warehouses they don't, those kinda burned down after all.
Jajcus@sh.itjust.works · 4 pts · 33d
Manufacturing is probably in China...
homesweethomeMrL@lemmy.world · 8 pts · 33d
They had a Special Military Operation section where anyone could ship your favorite pre-ground meat some helmets or whatever.
gegil@sopuli.xyz · 7 pts · 33d
Ukraine is targeting the weak points of russia, the parts which will deal the most damage to economy. Wilberries happens to be one of this points as majority of russians are using it for buying products, and manufacturers use it to sell products. It is a huge multi-billion logistics company, which when destroyed will cause irreparble damage to economy. Yesterday it was oil refineries, today wilberries, tomorrow something else.
ManixT@lemmy.world · 6 pts · 33d
That might be part of it, but they're one of the largest debtors in russia, with billions owes to banks.
Their bankruptcy will cause a cascading effect with banks failing. Classic case of "if I owe the bank a thousand dollars, that's my problem, if I owe them a million, that's their problem". There are already signs that russian banks are facing insolvency issues.
ivan@piefed.social · 2 pts · 33d
With drone parts it’d be more effective to hit where they’re coming from if that’s domestic production.
So in my understanding it’s an economic damage measure - warehouses for a marketplace where businesses sell all kinds of stuff. And since it’s the biggest one like that in Russia - it hurts them a lot, which is nice.
woelkchen@lemmy.world · 7 pts · 33d
They literally sell military gear. To this day.
ivan@piefed.social · 2 pts · 33d
Oh. Makes those guys crying on camera that their business was destroyed along with some warehouse look even dumber now.
FaceDeer@fedia.io · 9 pts · 33d
That's a bingo!
snoons@piefed.ca · 6 pts · 33d
supersquirrel@sopuli.xyz · 5 pts · 33d
Just need #8 for second Bingo!
green_red_black@slrpnk.net · 3 pts · 33d
Come on just need 1 5 and 8 in flames for an I shape
Rose@lemmy.zip · 2 pts · 33d
What's the source? Why is Crimea listed as being "in Russia"?
LaFinlandia@sopuli.xyz · 3 pts · 33d
I'm assuming the list was expanded but the label wasn't updated.
Rose@lemmy.zip · 2 pts · 33d
It's extremely strange, as it also lists Stalingrad, a name that no longer exists.