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 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 project.
       It is underlined that Baring Vostok Private Equity Fund, the shareholder and investor of 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.

Author: Vera Ivanova

Tags: Russian Internet Russian shops invest Russian business  

Next Previous

You might also find interesting:

Daimler Will Launch Its Russian Production In 2018
Aeroflot Received an Award For Innovative Projects
Sanctions Lower Competition
The Most Popular Foreign Cars In Russia
Analysts Of Citigroup Named Rouble An Extremely Profitable Currency

comments powered by Disqus

Comment on our site

RSS   twitter   facebook   submit

Bookmark and Share

Russian Parliament in Action

search on the map
Festivals in Moscow  Russia visa-free   Russian Literature  Russian government  Vinyl Records  Painting  fashion weeks  wine producers in Russia  Russian airports  Orthodox Church  Russian women  Mistral  Travel  Republic of Buryatia  Arctic  Mercedes-Benz Fashion Week Russia  LDPR  migrant workers  Valeriya Guy Germanika  Olympic Games 2012  Danny DeVito  Russian boxers  hostel  Sochi 2014  Russian business  protest actions  Russian tourism  Robots  Altay Territory  Adygea  Archeology  Gazprom Neft  Soviet Design  Russian Cinema  Ethnomir Museum Park  Irkutsk  Georgy Yakulov  Kulikovo Battle Field   Sberbank  Flamenco  Exhibitions in Moscow  Russian history  Fairytale Map of Russia  Moscow  winter festival  International space station  Ivan the Terrible  Museum of Old New Year  aircraft  Constructivism 

Travel Blogs
Top Traveling Sites