Ozon, the Russian version of Amazon and the country’s second-biggest player in the digital commerce space, is looking to expand its operations into groceries and financial services, the Financial Times reported on Tuesday (April 13). Headquartered in Moscow and one of Russia’s biggest technology firms, the company...
Shares of Russian eCommerce titan Ozon soared 40 percent in the first few minutes of its American IPO on Tuesday, raising $1 billion. Ozon’s American debut has been hotly anticipated. The company, which is often referred to as the Russian Amazon, is the first Russian...
Russian online retailer Ozon is sold on the idea of launching an initial public offering (IPO) of stock in the U.S. — and raising even more cash than previously reported. The “Amazon of Russia” filed paperwork on Tuesday (Nov. 17) calling for an IPO worth...
In today’s top payments news around the world, JD.com saw its Q3 2020 net revenues increase to $25.7 billion, while Ozon is now considering plans for a $750 million IPO. Plus, Finland is progressing with legislation that would allow individuals to modify their personal identity...
August 18, 2021
Russian online retailer, Ozon Holding Plc, wants to have at least one-third of the country’s eCommerce market by 2026 through a tenfold increase in sales in the next five years, according to a Bloomberg report Tuesday (Aug. 17). CEO Alexander Shulgin told Bloomberg in an interview the company is aiming for a gross merchandise volume […]
April 13, 2021
Ozon, the Russian version of Amazon and the country’s second-biggest player in the digital commerce space, is looking to expand its operations into groceries and financial services, the Financial Times reported on...
November 25, 2020
Shares of Russian eCommerce titan Ozon soared 40 percent in the first few minutes of its American IPO on Tuesday, raising $1 billion. Ozon’s American debut has been hotly anticipated....
November 18, 2020
Russian online retailer Ozon is sold on the idea of launching an initial public offering (IPO) of stock in the U.S. — and raising even more cash than previously reported....