PickPoint faces suspension of shipments as financial pressures ripple through Russian pickup network

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PickPoint, a significant player in the Russian delivery landscape, halted accepting new shipments from most Russian cities due to financial strains tied to a foreign shareholder. Market insiders and industry sources cited by Kommersant describe this as a move affecting several logistics players and the broader parcel ecosystem.

On the company’s website and within its app, PickPoint lists operations centered in Moscow, the Moscow region, and other major urban centers across the country. A publication source noted that PickPoint has informed a number of marketplaces about suspending cooperation during this period.

Industry participants have varied in their reports: some confirm that parcel locker deliveries are temporarily unavailable, while others indicate that orders intended for PickPoint can still be collected at the marketplaces’ own pickup points if such an option exists. Nadezhda Romanova, the CEO of PickPoint, acknowledged persistent regional delivery challenges tied to the financial situation of the foreign shareholder. Yet she emphasized ongoing negotiations aimed at restoring deliveries on terms that are acceptable to all sides involved, suggesting a path toward stability once financial constraints ease.

Analysts note a shift in consumer behavior that may influence the demand for locker-based pickup. The appeal of traditional pickup points, where customers can try on apparel and footwear and immediately return items, appears to be growing. This trend could erode the reliance on automated lockers as the primary last-mile option, especially in markets where in-person fitting rooms add tangible value to the shopping experience.

In late discussions within industry press, there were reports on the financial exposure of network participants. On November 7, Vedomosti reported that Kupishuz, the legal entity behind Lamoda, claimed more than 262 million rubles in liabilities. On October 31, numerous other participants in the Network of Automatic Pickup Points, the PickPoint delivery service, asserted similar financial pressures. These disclosures underscore a broader liquidity challenge across the automated pickup ecosystem and signal potential consolidation or strategic recalibration in the weeks ahead, as operators reassess costs, partnerships, and the viability of cross-market collaborations [Source: Kommersant].

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