The network of PickPoint atms and pick-up points stops its work in Russia due to financial difficulties. All undelivered shipments will be returned from April 6 to April 30.
According to Kommersant, the logistics service announced its decision in a letter to partners. According to PickPoint CEO Nadezhda Romanova, the decline in turnover was caused by the departure of Western retailers and the impossibility of financing from a Western investor.
As noted in the service, the acceptance of new cargo from individuals and legal entities stopped on April 4.
Financial difficulties appeared at PickPoint last year. In 2023, lawsuits in the amount of over 430 million rubles have already been filed against the company.
In total, the PickPoint network consisted of 6 thousand postamats and 4.5 thousand points of delivery of orders in more than 650 localities in Russia.
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