Ukrainian telecom operator Kyivstar has confirmed its intentions to acquire the popular taxi and delivery service Uklon. The company's press service reported this, noting that the operator's strategic priority is to invest in innovative technologies and expand new services. The acquisition of Uklon is an important step in building an integrated digital ecosystem and inorganic growth of Kyivstar's business.
Uklon, operating in Ukraine and Uzbekistan, is one of the leading players in the market of online platforms for ordering transportation and delivery. This agreement will not only allow to increase investments in digital services, but also provide access to new markets thanks to the support of Kyivstar’s parent company, Veon Holding. According to company representatives, this step will be an important stage in scaling the business.
Kyivstar notes that investments in such companies allow it to go beyond the traditional provision of communication services. The company is already considering similar agreements with other enterprises that are in line with its development strategy in the field of digital technologies.
In December 2024, the company filed an application with the Antimonopoly Committee (AMCU) to acquire Uklon, and the estimated value of the deal could range from $40 to $80 million. The Uklon service demonstrated impressive financial results: in the first three quarters of 2024, the company's revenue amounted to UAH 1.2 billion, which is twice as much as in the same period in 2023.
