Ozon was the big winner from Wildberries’ ruin. Five weeks later, it’s the target of Ukraine’s drone attacks.

For three straight nights, Ukrainian drones struck warehouses belonging to Ozon, Russia's second-largest online retailer, hitting sites in Samara, Orenburg, Adygea, Stavropol Krai and Dagestan. Fires broke out at most locations and people were injured; Ozon's Moscow Exchange shares fell 28% before partially recovering.

The strikes follow five weeks after a similar campaign against market leader Wildberries, which lost up to 40% of its warehouse space, saw 23 sites damaged, at least 14 people killed, and total losses estimated in the hundreds of billions of rubles. Ukraine's Defense Ministry openly named Ozon as the next target, calling the strikes 'long-range sanctions' meant to complicate Russian logistics.

Putin warned Kyiv had 'opened Pandora's box' and vowed retaliation against Ukraine's 'most sensitive economic sectors.' Russia's government has drawn up tax-relief plans for Wildberries; whether Ozon gets the same treatment remains, per the Economic Development Ministry, a matter it's merely 'ready' to discuss if asked.

The full dispatch is available from the source below.