July 15, 2020, Moscow - SberMarket, a nationwide groceries delivery company, has presented its 2Q20 performance results.

The company has emerged as a leader by turnover in the Russian e-grocery segment as an independent player. SberMarket's 2Q20 turnover is RUB 5.2 bln, which is 15.6 times higher than last year and 3.5 times larger compared to 1Q20.

The Russian online market for home delivery of food and essential goods grows incredibly fast while SberMarket is still ahead of the market according to all figures. Infoline analysts updated their forecast about the Russian e-grocery market's turnover growth from RUB 80-90 bln to RUB 130 bln in 2020, which is three times as much as in 2019.

The number of orders delivered by SberMarket in 2Q20 is 1.29 mln, or 17 times more than in 2Q19. The company delivered more orders in April-June than in almost seven years of its operation.

In April-June, SberMarket launched the service across Russia. Now the company operates in 115 cities in 83 Russian regions. The large-scale geography extension was possible as the retail partner pool added new members. Now more than 35 national and regional retail networks are SberMarket members.

SberMarket users order groceries on a regular basis, once every 1-1.5 weeks. The average order value in Russia was about RUB 4,000 in 2Q20, while it was higher in Moscow and Moscow Region, exceeding RUB 5,100.

Asan Kurmanguzhin, CEO, SberMarket,

'In 2Q20, SberMarket's growth rate became substantial. I am especially proud that during explosive growth we significantly improved the quality of our service for customers due to broadening our product range and decreasing the average delivery time to three hours. As a result, customer reviews increased to 4.83 from 4.75. Our goal is to keep working on the service, upgrading and improving it based on customers' requests, and make SberMarket customers' favorite brand by the end of this year. We will continue to boost online sales for retail partners via SberMarket.'

SberMarket is a service delivering groceries and essential products from your favorite stores. Created using the Instamart online delivery service, which joined the Sberbank ecosystem in September 2019, SberMarket delivers from 35 retailers, including nationwide networks like METRO, Lenta, and Auchan. The official website: https://sbermarket.ru/.

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Sberbank of Russia published this content on 15 July 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 July 2020 15:40:08 UTC