The Moscow Arbitration Court declared bankruptcy of the large logistics company Automatic Pickup Points Network, known to Russians under the Pickpoint brand. This was reported by TASS referring to the case file.
It is stated that as a result of the court decision, the company was declared bankrupt upon its own request.
The Moscow Arbitration Court registered the relevant application from PickPoint on April 24, 2023. However, starting from April 5, 2023, the service temporarily stopped working.
End of PickPoint operations in the country connected It is experiencing financial difficulties due to reduced turnover.
According to the company, this was due to the departure of Western retailers, which make up the bulk of the logistics company’s customer portfolio. PickPoint also pointed out the impossibility of attracting financial assistance from foreign investors participating in the company’s work.
Analysts in February 2023 registeredIt seems that the demand for the use of parcel terminals among Russians is gradually decreasing due to the increasing popularity of pick-up points (POPs).
Previously a child in Russia closed by mistake in the package cabinet.