Kyivstar acquires Ukrainian digital pharmacy platform Tabletki.ua

LootboxPhobia · 2026-02-11T09:24:47+00:00

VEON Ltd.'s subsidiary Kyivstar acquired the Ukrainian pharmaceutical platform Tabletki.ua for $160 million, strengthening its healthcare ecosystem. The platform partners with 14,000 pharmacies, handling 14 million orders daily, promoting the development of digital healthcare services and improving the convenience of life for the Ukrainian people.

LootboxPhobia

2026-02-11 09:24:47

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Investing.com – VEON Ltd. announced that its subsidiary Kyivstar Group Ltd. has acquired 100% ownership of Tabletki.ua for $160 million, with the transaction paid in Ukrainian hryvnia.

The deal was completed on Tuesday after signing the final agreement. Tabletki.ua is one of Ukraine’s most popular digital platforms for searching, comparing, and booking medicines and other pharmacy products.

The platform partners with over 14,000 pharmacies across Ukraine, processing an average of 14 million bookings per month in 2025. The total value of goods booked through the platform is projected to reach 45 billion hryvnias ($1.06 billion) in fiscal year 2024, and 57.3 billion hryvnias ($1.19 billion) over the twelve months ending September 30, 2025.

This acquisition strengthens Kyivstar’s expanding healthcare ecosystem and complements its 2022 purchase of digital healthcare platform Helsi. Tabletki.ua will join Kyivstar’s digital services portfolio, which includes the ride-hailing platform Uklon, Kyivstar TV, and the MyKyivstar super app.

Kyivstar President Oleksander Komarov stated, “Ukrainian companies like Tabletki.ua are enabling millions of Ukrainians to benefit from convenient, digitally-first solutions that support the country’s development and resilience. Tabletki.ua already plays an important role in the daily lives of millions of Ukrainians. By combining Kyivstar’s experience in building and expanding digital platforms with Tabletki.ua’s strong position, we will make healthcare services more accessible and convenient across Ukraine.”

Kaan Terzioglu, CEO of VEON Group and Chairman of Kyivstar, added, “This acquisition, which expands our opportunity to provide digital healthcare solutions that improve daily life, reinforces our commitment to Ukraine. Kyivstar and Tabletki.ua will work together to accelerate innovation and the development of customer-centric healthcare services.”

According to unaudited management accounts, Tabletki.ua generated $24 million in EBITDA and $20 million in net profit over the twelve months ending September 30, 2025. The $160 million purchase price represents an 8.0x multiple based on the last twelve months’ earnings.

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