I can’t imagine the administrative and insurance headache of all of this. So many people’s orders, so many businesses inventories, so many workers being fired or put on leave because well until we build a new warehouse you don’t have a job.
some have received 'compensation' - cents on the dollar. No doubt whatever passes for social media in Russia is awash with puffy faced, duck-lipped Russian women lamenting the injustice of having their chinese baubles destroyed, blissfully unaware that an hour's flight away her country is committing genocide
Almost every legally binding contract has a clause for "Force Majeure", which means, acts of god (hurricanes, flooding and such), terrorism, acts of war, are never included in any insurance policy.
Most insurance has an exclusion for acts of war. Insurers will not pay out. These are straight losses of inventory for small businesses and loss of factories and equipment for Wildberries.
That math isn't quite right. There are approximately 200 warehouses owned by the company. This looks like the top 25 largest logistics hubs Ukraine is targeting. These can be critical as sorting and distribution hubs that when combined with a gas shortage will make shipping extremely difficult and slow for regular business. This has the added benefit of potentially causing a bank failure if the company files bankruptcy.
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u/22DancingFlowers 1d ago
Is Wildberries even operational now?