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Russian tech giant Yandex launches e-grocery stores in Paris and London-latest retail technology news from around the world

Yandex plans to launch online grocery delivery services in Paris and London, respectively, in the second and third quarters of this year after strong sales in Russia during the pandemic.

The company is also Russia’s largest taxi rental service, with a variety of online business operations such as online payments, email and news aggregators.

Yandex.Lavka, a 15-minute grocery delivery service, performed well during the pandemic as shoppers stayed home and switched to online grocery delivery, fulfilling nearly 2 million orders each month.

Yandex said the service was launched in central Paris and has already begun hiring staff. Reuters report.

The e-commerce giant has announced that it will launch its service in London in the third quarter of this year.

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The company’s food technology subsidiary, Yango Deli, launched its service in Israel at the end of last year.

Yango Deli uses a dark store, a warehouse specializing in grocery delivery operations, and adopts a strategy similar to other grocery delivery services.

Dark stores are popular because they offer fast delivery and are cheaper to operate than traditional supermarkets.

Yandex.Lavka already has over 300 open dark stores in Russia.

“In France, Yandex’s Yango Deli uses its proven hyper-local delivery model to place orders via its own app, 10-15 minutes from the dark store, backed by proprietary technology and know-how. I accept. “I read Yandex’s statement.

The company plans to launch its service in London in the third quarter of this year, saying it needs to compete with the fast-growing and fast-growing grocery delivery market, including brands such as Getir and Dija. It was.

Yandex is aiming to spend $ 500 million on strengthening e-commerce services this year, the chief financial officer said.

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Russian tech giant Yandex launches e-grocery stores in Paris and London-latest retail technology news from around the world

Source link Russian tech giant Yandex launches e-grocery stores in Paris and London-latest retail technology news from around the world

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