UzPost

History

2025: Wildberries bought stake in UzPost

In mid-October 2025, it became known that RVB, the combined company Wildberries & Russ, acquired a stake in Uzbekistan's postal operator UzPost. There is no information about the value of the transaction.

According to RBC, as part of the privatization of UzPost, a 29.4 percent stake in the postal operator owned by Alokabank was put up for auction. In June 2025, Alokabank, the Ministry of Economy and Finance and legal entities, more than 20% owned by the Ministry of Economic Affairs, were excluded from the list of affiliates. Instead, they included the Agency for State Asset Management, legal entities, in the authorized capital of which more than 20% belongs to the agency, and the National Investment Fund of Uzbekistan - each of them owns at least 20% of UzPost shares.

𝓲

Фото: UzPost

It is also noted that 25% of the state stake in UzPost, owned by the National Investment Fund, was transferred to the Agency for State Asset Management. Before the privatization deal, the authorized capital of the postal operator was increased by almost 40%, and the market capitalization of UzPost reached about 1.9 billion rubles. Based on this, the share in the amount of 29.4% can be estimated at about 560 million rubles.

The purchase of a stake in UzPost by RVB is associated with Wildberries "extensive plans to develop business in Uzbekistan. At the same time, the marketplace itself does not give official comments on the deal.

UzPost representatives told Газета.uz that as of mid-October 2025, state organizations represented by the Ministry of Economy and Finance, state the Asset Management Agency, as well as five enterprises with state participation and more than 16 thousand legal entities and individuals continue to act as shareholders of O'zbekiston JSC (UzPost legal entity^[1]

Notes