Behind the dramatic warehouse fires, insiders describe a marketplace using customers’ cash to plug growing holes in its business model—leaving the state to choose between a costly bailout or a shock to Russia’s fragile home front.

Ukraine has commenced drone attacks on Wildberries, the largest online retailer in Russia. These actions are designed to disrupt the routine life and economic balance in Russia,…

A wave of Ukrainian drone attacks has knocked out more than a quarter of Wildberries’ warehouse capacity, threatening to disrupt the logistics network behind Russia’s largest…