Sberbank and Mail.ru Group have signed an agreement of intent that provides for the creation of a joint venture (JV). The company will be created on the basis of DeliveryClub and Citimobil; the parties plan that it will become the “leading Russian platform” for online-to-offline services in the field of food and transportation.
The Sberbank and Mail.ru Group (MGP) are going to sign a binding agreement this autumn, after the corporate management agencies give permission for this, etc. The parties will have equal shares in the joint venture - 50% each.
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Author: Anna Dorozhkina