Home » World » US company acquires Wolt :: Dienas Bizness for $ 8.1 billion

US company acquires Wolt :: Dienas Bizness for $ 8.1 billion

Technology company Wolt It is planned to open a network of virtual stores in Latvia, Lithuania and Estonia by the end of this year Wolt Market and has already started looking for new employees for several positions throughout the Baltic region.

This is a new type of retail chain in which the stores operate exclusively as warehouses, or so-called ‘dark stores’. These orders will only accept orders placed online through Wolt application. There will be no on-site shopping in these stores.

Wolt Market warehouse stores will offer 1500-2000 items for customers to choose from, which will be delivered within 15-25 minutes after placing the order in the application.

Wolt Market warehouses will operate independently, Wolt platform partners, similar to all other trade partners, but with a common Wolt Market brand. “It simply came to our notice then Wolt Market stores in the Baltics. Our goal is to offer our customers unprecedented experience in this area, and the feedback we have received about our stores in other countries has given us confidence that we are on the right track, ”says Emerging Markets Wolt vice president Marianne Vikula.

“We are looking for new ways to serve our customers. The cornerstone of our business is to strengthen and expand our collaboration with our partners, such as Rimi, My, have, LaTS and many others who will join us in the future, “he added Wolt Baltics operations manager Simon Runcheimer.

The first Wolt Market The store opened in Helsinki in the spring of 2020. Since then Wolt Market The network has expanded with the opening of stores in Greece and elsewhere in Finland, as well as the imminent arrival in the Czech Republic, Poland and Denmark.

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