Ozon news and archive

Russian online retailer Ozon eyes nearly 1 billion in US IPO

Russian online retailer Ozon is looking to raise nearly 1.0 billion dollars in a US initial public offering (IPO), according to regulatory paperwork filed Tuesday. The online giant, which reported growth of 142 percent year-on-year in the first nine months of 2020, is aiming to capitalise on the boom in e-commerce during coronavirus lockdowns....

Business

Russian online retailer mulling US stock exchange listing

Russian online retailer Ozon said Friday it is planning to list on the US stock exchange after meteoric growth, fuelled most recently by the boom in e-commerce due to coronavirus lockdowns. Ozon has "submitted a draft registration statement... to the Securities and Exchange Commission relating to the proposed initial public offering of its...