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PICKPOINT DELIVERY SERVICE DECLARED BANKRUPT

... at the end of June 2023 with full satisfaction of the plaintiff's claims. By September 2023, it became clear that the total debt of the organization exceeded 2.6 billion. According to the information published by the publication, the company owes more ... ... problems caused by the financial relationship of the delivery service with Western investors one of the possible reasons for PickPoint's bankruptcy. The company already in February 2023 reported on the restrictions imposed on the return of goods, and ...

PICKPOINT DELIVERY SERVICE HAS BEEN PLACED UNDER SURVEILLANCE

... about this appeared in the court file, although the operative part of the document has not yet been published. The amount of debt owed by the "Network of Automated Issuing Points" (the official name of the LLC) to creditors remains unknown for ... ... result, the network, represented in 657 Russian cities and towns, announced its closure. At the same time, it became known that PickPoint decided to initiate its own bankruptcy. Despite the growth in the number of orders observed in the B2C market, the company ...

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