Wildberries faces substantial losses from Ukrainian drone strikes on over 20 warehouses since July 2026, destroying roughly one-fifth to one-third of capacity and goods valued at hundreds of billions of rubles. The company carries heavy short-term debt exceeding 1 trillion rubles, much owed to state-controlled VTB Bank. Russian authorities have responded with tax deferrals, subsidized loans for affected sellers, and discussions of further support measures, while the firm has paused major investments, adjusted commissions, and shifted toward smaller partner facilities. Its scale as a leading marketplace and links to the broader financial system make outright collapse unlikely without intervention. No filings or official signals point to bankruptcy proceedings in the near term.