Add to favorite
 
Subscribe to our Newsletters Subscribe to our Newsletters Get Daily Updates RSS

Russian Internet Shop OZON Attracts Record Investments
8.09.2011 18:07
Russian Internet Shop OZON Attracts Record Investments

Ozon.ru has attracted investments to the record amount of $100 million, the company’s press-release reports.
      
       The investors are Ru-Net Funds of Leonid Boguslavsky, Index Ventures, Alpha Associates and the Japanese online-retailer Rakuten.
      
       The leading investor is reportedly ru-Net, with at least half the amount in share. The transaction has become the biggest investment into electronic commerce in Russia. Morgan Stanley Bank acted as Ozon’s adviser.
      
       Ozon is going to direct the invested funds to opening new will call centers, improving the delivery and logistics system, IT infrastructure and increasing the assortment.
      
       The investments will also be useful for development of the Ozon.travel project.
      
       It is underlined that Baring Vostok Private Equity Fund, the shareholder and investor of Ozon.ru since 2000, has not sold its stocks and remains the major owner of the project.
      
       The Internet shop profits in 2010 increased by 34 %, i.e. by 4.15 milliard roubles. The number of registered users makes 5.2 million people.
      
       Source: forbes.ru


Author: Vera Ivanova

Tags: Russian Internet Russian shops invest Russian business  

Next Previous


You might also find interesting:

Sales of Russian Wines Reached 52%
30.10.2018
The Number of Sentences Imposed by Russian Courts with Regards to Economic Crimes has Increased by 20%
16.05.2019
Russian Retailers are Getting More Concerned about Environmental Issues
09.11.2018
Abrau Durso and X5 Retail Group will Create a Joint Venture
11.07.2019
Russian Government would not Increase the Tax Burden on Businesses within the Next Six Years
18.12.2018







Comment on our site


RSS   twitter   facebook   submit

Bookmark and Share

search on the map
TAGS:
Russian regions  Book Tickets for Concerts  Russian Film Directors  Moscow International Biennale of Contemporary Art  Russian resorts  Egan-Jones Ratings  Russian medicine  Business in Russia  Moscow  International Yoga Day   Mercedes-Benz Fashion Week Russia  Ekta  Exhibitions in Moscow  Moscow Kremlin   Open-Air Festivals  Minister of Economic Development  Russian Railways  R&D  Sberbank  Censorship  Elizaveta Boyarskaya   travel to Russia  Russian Poetry  Russian Cinema  Spasskaya Tower Festival  Festivals in Moscow  Counts  Saint Petersburg  Kremlin  Mikhail Kutuzov  Snowvision Film Festival  Old Russian Beliefs  St. Petersburg  Krasnoyarsk  Archeological Tribes  Etching  Komi Republic  Lev Dodin  Printed Goods  Crimea  Pyotr Konchalovsky  Magnitsky Act  Russian tourism  Musicals in Moscow  Russian Film Distribution  Leo Tolstoy  Altai Territory  Russian business  Kazan, Jazz  Russian economy 


Travel Blogs
Top Traveling Sites