About Magnit
Magnit is a company based in Krasnodar (Russia) founded in 1994 by Sergei Galitsky. It operates as a Direct-to-Consumer (D2C). Magnit has completed 3 acquisitions, including Azbuka Vkusa, DIXY and KazanExpress. Magnit offers products and services including Retail Services.
- Headquarter Krasnodar, Russia
- Founders Sergei Galitsky
-
Sectors
Retail
-
Email
Locked
-
Phone
Locked
-
Website
Locked
-
Social
Locked
- Legal Name Pao Magnit
-
Annual Revenue
$28.95 B (USD)19.6as on Dec 31, 2024
-
Net Profit
$420.01 M (USD)-24.84as on Dec 31, 2024
-
EBITDA
$2.75 B (USD)10.18as on Dec 31, 2024
-
Latest Funding Round
Not available
-
Investors
Not available
-
Employee Count
Not available
-
Investments & Acquisitions
Azbuka Vkusa
& 2 more
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Magnit
Magnit offers a comprehensive portfolio of products and services, including Retail Services.
Retail services are provided through various store formats.
Funding Insights of Magnit
Detailed funding history for Magnit
Round names, dates, amounts, investors, and valuation history require an active premium plan.
- Round names and dates
- Funding amounts
- Participating investors
- Valuation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Magnit
Magnit has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Azbuka Vkusa, DIXY and KazanExpress.
Investment portfolio details for Magnit
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Multi-category products are provided via an online marketplace platform.
|
Locked | Locked | 2017 | Locked | |
|
Grocery products are retailed by Azbuka Vkusa in Moscow.
|
Locked | Locked | 1997 | Locked | |
|
Multi-category food and beverage products are retailed across Russia.
|
Locked | Locked | 1992 | Locked |
Complete acquisition details for Magnit
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
- Transaction dates
- Acquired stakes
- Disclosed values
- Domains and locations
Verified entity values are shown only after access is granted.
Financial Statements - Magnit
Detailed financials for Magnit
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Magnit Comparisons
Peer comparison for Magnit
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
Verified entity values are shown only after access is granted.
Competitors of Magnit
Detailed competitors of Magnit
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Magnit
Complete news archive for Magnit
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Magnit
Magnit was founded in 1994.
Magnit is headquartered in Krasnodar, Russia. It is registered at Krasnodar, Krasnodar Krai, Russia.
Jan Dunning is the current CEO of Magnit.
Annual revenue of Magnit is $28.95B as on Dec 31, 2024.
Retail operations are managed by Magnit, focusing on grocery and consumer goods. Various store formats are operated to serve diverse customer needs. The company is engaged in the retail sector, ensuring accessibility of products. Solutions are tailored to enhance shopping experiences in different regions.
Magnit offers Retail Services.
Magnit has made 3 acquisitions, including Azbuka Vkusa, DIXY, and KazanExpress.