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:

The Service for Gamers Legionfarm has Attracted $ 1.5 Million
02.10.2019
Tochka Bank Launches Assistance Fund for Affected Entrepreneurs
20.04.2020
Lawyers Launch Entrepreneurship Assistance Association to Consult Businesses
30.03.2020
The Russian NtechLab Company will Take Part in Face Recognition Project for 2022 World Cup
30.09.2019
The Absence of Chinese Tourists will Negatively Affect the Russian Market of Premium and Luxury Goods
12.02.2020







Comment on our site


RSS   twitter   facebook   submit

Bookmark and Share

search on the map
TAGS:
Iskitim  anniversary  Russian courts  Domodedovo  Fashion  Chaif  Russian companies  Moscow  Exhibitions in Moscow  Football  Moscow House of Music  Russia Travel Tips  Magnit retail chain  Valley Of Tales  Russian tourism  Lola Lonli  Naberezhnye Chelny  St. Petersburg  Russian Wooden Architecture  Russian Porridge  Russian Internet  Russian art  Zvyagintsev  Sberbank  Gorky Park  Darwin Museum  Russian events  Russian business  Russian Cinema  Maria Alekhina  South Stream Gas  Russian radio stations  travel to Russia  Kozhuhovskaya Line   Rosa Khutor  Russian Railways  transfer to Samara airport  Russian laws  Russian opposition  Russian regions  Spacecrafts  Festivals in Moscow  space  Sobornaya Square  Russian taxation  Boris Kustodiyev  Aurora  Sexual Revolution  Russian National Parks  Mercedes-Benz Fashion Week Russia 


Travel Blogs
Top Traveling Sites