Magnit closed the deal on the purchase of marketplace KazanExpress

Retailer Magnit has closed a deal to purchase the KazanExpress marketplace and is starting to integrate this platform to launch its own marketplace, Magnit Market, on its basis. Acquisition of KazanExpress will allow Magnit to quickly enter a new for the company fast-growing segment of marketplaces and take a significant share there, spending less time and other resources than when launching its own marketplace from scratch.