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:

TDA Signed a Memorandum Of Cooperation With Japanese New Energy And Industrial Technology Development Organization
15.09.2016
Sberbank Became the Sixth Most Valuable Banking Brand In Europe
11.02.2017
Sberbank Will Stop Accepting Refund Applications For Transaero Tickets
18.09.2016
Four Models Of Cars Will Be Produced At the Mercedes-Benz Factory In Solnechnogorsk
02.06.2017
Sberbank Awarded National Corporate Governance Rating
27.01.2017



comments powered by Disqus




Comment on our site


RSS   twitter   facebook   submit

Bookmark and Share

Russian Parliament in Action

search on the map
TAGS:
Prince Vladimir  Tver region  state emblem  Fedoskino  Arkhangelskoye Museum Estate  Joseph Stalin  Russian circus  modern piracy  Moscow  Buguruslan  Russian volcanos  nanotechnology  Arkhangelsk  Russia-Britain  ecology  Russian Literature  Mercedes-Benz Fashion Week Russia  activity holidays  migration in Russia  Salekhard  Winter Sports  Henryk Siemiradzki  Nikolai Kryuchkov  Gorky Park  Russian tourism  Russian Film Distribution  Archeology  Robostation  Painting  Life Saving  Mikhail Bulgakov  Linkin Park  Omsk  Kimry  Rock Painting  Russian political parties  Kirov Region  Snowman  Modern Art  Kholmsk  Russian tourists  Russian history  Tyumen plane crush  Russian Cinema  Russian business  Film Festivals  Sberbank  Igor Sechin  Concerts in Moscow  Exhibitions in Moscow 


Travel Blogs
Top Traveling Sites