March 22, 2025
"Kyivstar" bought Uklon for $ 155 million thumbnail
UKRAINIAN NEWS

“Kyivstar” bought Uklon for $ 155 million

Kyivstar mobile operator purchased 97% of Ukrainian taxi and UKLON delivery services for $ 155.2 million.

About it reports the maternal company Veon.

The report states that UKlon absorption is part of the Kyivstar enlargement strategy in digital consumer services.

It is noted that the amount of the agreement is $ 155.2 million for 97% of the shares of the UKLON group.

“It is expected that UKlon CEO Sergiy Grishkov will remain in office and will continue to develop the company’s products and services in Ukraine and abroad,” the release reads.

Reference. UKlon works in 27 cities of Ukraine and brings together more than 100,000 partner drivers on the platform.

In 2024, the company provided more than 100 million trips and more than 3 million delivery. In 2023, Uklon entered the delivery market and expanded its activities in Uzbekistan, where VEON also operates through Beeline Uzbekistan.

Read also: Kyivstar President Alexander Komarov about tariffs, cuts and business expansion

Why “Kyivstar” no longer wants to be just an operator: that stands for new absorption

Recall:

On February 6, 2025, the Antimonopoly Committee of Ukraine granted permission to the largest mobile operator “Kyivstar” for the purchase of an online Taxi Order Service UKLON.

Earlier, Kyivstar President in an interview with EP said that the UKlon purchase agreement was planned to be closed in the near future.

”, – WRITE: epravda.com.ua

Kyivstar mobile operator purchased 97% of Ukrainian taxi and UKLON delivery services for $ 155.2 million.

About it reports the maternal company Veon.

The report states that UKlon absorption is part of the Kyivstar enlargement strategy in digital consumer services.

It is noted that the amount of the agreement is $ 155.2 million for 97% of the shares of the UKLON group.

“It is expected that UKlon CEO Sergiy Grishkov will remain in office and will continue to develop the company’s products and services in Ukraine and abroad,” the release reads.

Reference. UKlon works in 27 cities of Ukraine and brings together more than 100,000 partner drivers on the platform.

In 2024, the company provided more than 100 million trips and more than 3 million delivery. In 2023, Uklon entered the delivery market and expanded its activities in Uzbekistan, where VEON also operates through Beeline Uzbekistan.

Read also: Kyivstar President Alexander Komarov about tariffs, cuts and business expansion

Why “Kyivstar” no longer wants to be just an operator: that stands for new absorption

Recall:

On February 6, 2025, the Antimonopoly Committee of Ukraine granted permission to the largest mobile operator “Kyivstar” for the purchase of an online Taxi Order Service UKLON.

Earlier, Kyivstar President in an interview with EP said that the UKlon purchase agreement was planned to be closed in the near future.

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