Sberbank has signed documents to purchase 2ГИССергей Dragun | 11.06.2020
Sberbank has signed binding documents on investment in the development and acquisition of controlling stake in the company 2GIS. The intention of the Bank to purchase the map service became known in August last year.
Sberbank’s share is 72%, the proportion of “О2О Holding company” (subsidiary of Sberbank and Mail.ru Group) — 3%, the founders and management will retain 25% of the company. Investment funds Baring Vostok and Global RTP
will capital 2GIS. Shares of these companies are estimated to total 14.3 billion roubles will buy the Bank. The Board of Directors will include representatives of Sberbank and the founders of the service. Closure
the transaction is expected in the third quarter of 2020, after receiving antitrust approval, however, the cooperation with the company, working on synergies, starts now. Sberbank and 2GIS already
started to implement joint initiatives for the promotion of products and ecosystem services, as well as the introduction of new functions in applications 2GIS. 2GIS is going to become a marketplace for large
companies and local businesses that do not have their sites. At the same time, integration with 2GIS will accelerate the development of projects of Sberbank Saragosti, Spermarket, Citimobile, Delivery Club, SberFood and
Scooter. The 2GIS services will be integrated with the Bank applications for individuals and corporate clients. In the end, the platform will allow users not only to obtain information about the object and its
the location on the map, but to choose the best and convenient way to travel with public, personal and rental of transport (car sharing, bicycles, scooters, etc.), order and
to pay for it. Recall that 2GIS is included in ten the most expensive companies in the Russian Internet by Forbes (2020). The monthly audience of the service reaches 50 million people. The service covers 486
cities in 11 countries. It is available for free in mobile apps and on the website 2gis.ru. 2GIS is a major independent competitor to Google Maps and Yandex Maps in Russia.
sale of Russian companies
2GIS Sberbank | Sberbank