M&A Deal Summary

Mail.ru Group Acquires Delivery Club

On November 3, 2016, Mail.ru Group acquired internet software and services company Delivery Club from foodpanda for 100M USD

Acquisition Highlights
  • This is Mail.ru Group’s 6th transaction in the Internet Software and Services sector.
  • This is Mail.ru Group’s 2nd largest (disclosed) transaction.
  • This is Mail.ru Group’s 6th transaction in Russia.

M&A Deal Summary
Date 2016-11-03
Target Delivery Club
Sector Internet Software and Services
Buyer(s) Mail.ru Group
Sellers(s) foodpanda
Deal Type Divestiture
Deal Value 100M USD

Target

Delivery Club

Moscow, Russia
Delivery Club Ltd. is a provider of food delivery service with over 2,500 restaurants. Delivery Club is the major player in the growing Russian food delivery market. It currently has over 4,500 connected restaurants and the number of orders reached 20,000 per day. Delivery Club mobile app is the main way users access the service and accounts for over 72% of total orders. This share has increased 2.7x over the last three years.

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Buyer(S) 1

Buyer

Mail.ru Group

Limassol, Russia
Category Company
Founded 1998
Sector Internet Software and Services
Revenue 132.8B RUB (2023)
DESCRIPTION

Mail.ru Group is an Internet company in the Russian-speaking world and the leading Internet company in Russia, based on global monthly unique users. Mail.ru Group was founded in 1998 and is based in Limassol, Russia.

DEAL STATS #
Overall 8 of 12
Sector (Internet Software and Services) 6 of 8
Type (Divestiture) 2 of 3
Country (Russia) 6 of 9
Year (2016) 3 of 3
Size (of disclosed) 2 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-10-03 Pixonic

Moscow, Russia

Pixonic LLC is a mobile game developer and publisher. Pixonic LLC was established in 2009 and is headquartered in Moscow, Russia.

Buy $30M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-05-02 ZakaZaka

Russia

ZakaZaka is the number two player in the fast growing Russian food delivery market. It currently has around 2,600 connected restaurants and the number of orders reached around 126,000 in March 2017.

Buy -

Seller(S) 1

SELLER

foodpanda

Berlin, Germany
Category Company
Founded 2012
Sector Internet Software and Services
DESCRIPTION

foodpanda is a global online food delivery marketplace, active in 40 countries on five continents. foodpanda was formed in 2012 and is based in Berlin, Germany.

DEAL STATS #
Overall 2 of 2
Sector (Internet Software and Services) 2 of 2
Type (Divestiture) 2 of 2
Country (Russia) 1 of 1
Year (2016) 2 of 2
Size (of disclosed) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-08-09 HungerStation.com

Dammam, Saudi Arabia

HungerStation.com is an online food ordering portal in the region to bring food from your favorite restaurant to your doorstep.

Buy -
Mergr

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