Kyivstar Group Ltd. completed the acquisition of 97% of Uklon Group, a leading Ukrainian ride-hailing and delivery platform, for $158 million on April 2, 2025. This acquisition marks a significant expansion into the digital consumer services market.
The integration of Uklon Group is expected to generate operational synergies, leading to cost savings and improved service offerings. This move also expands Kyivstar's market reach and subscriber growth potential within its digital ecosystem.
The goodwill recognized from this acquisition reflects the anticipated future economic benefits from Uklon's strong brand value, established customer relationships, and technological expertise. This acquisition is central to Kyivstar's 'digital operator' strategy.
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