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Ozon Applied for IPO in the US

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Ozon Applied for IPO in the US

According to Ozon's press service, the retailer submitted to the SEC a draft registration statement on Form F-1, which provides for an initial public offering of its own common stock.

It is specified that the number of shares for offering and its price range have not been determined yet.

Ozon is an online shop, which offers products in 24 categories, including books, products and clothes.

The company's largest shareholders at the moment are AFK Sistema and Baring Vostok Capital Partners fund.

As it follows from the data of the second quarter of this year, the turnover from sales and services net of returns reached almost 46 billion rubles. This is 188% higher than last year's figures. The company completed about 15 million orders in the half year, which is 132% higher year-on-year.

At the beginning of summer, Ozon's average monthly audience was 42 million unique users of the app and website. A year earlier that number was 23 million.

Made in Russia // Made in Russia

Author: Ksenia Gustova

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