**Recent strategic partnership developments with state-linked VTB explain the strong trader consensus against Wildberries (RWB) announcing bankruptcy before 2027.** In May 2026, VTB and RWB announced a deal under which VTB would acquire a 5% stake in WB Bank with potential for expansion, supported by a secondary public offering of VTB shares expected to close by late October 2026. Officials have repeatedly confirmed that plans remain unchanged despite Ukrainian drone strikes damaging multiple warehouses in July–August 2026, which caused substantial losses and covenant issues in prior financials. RWB has continued operational expansions, including new mobile pickup points and service launches into October 2026, while Russian authorities have prioritized support measures for affected sellers. These factors—ongoing state-bank financing access, active business continuity, and absence of insolvency proceedings—underpin the current 93.5% implied probability that no bankruptcy announcement will occur.