Ozon operates an e-commerce marketplace serving customers and thousands of small and medium-sized merchants across Russia. The company reports around 10,000 SMEs with active sales and roughly 20,000 more in onboarding. Ozon says its platform is growing three times faster than the market pace and that packages can reach about 50% of Russians within 48 hours. The business plans to expand its logistics and technology infrastructure to provide consistent service across Russia’s 11 time zones. Part of the expansion includes opening at least five new fulfillment hubs. Recent financing will support those logistics and tech investments. OZON Holdings Limited is a Russia-based e-commerce group led by CEO Maelle Gavet and comprised of OZON.ru, OZON Travel, O-Courier, Sapato.ru and OZON Solutions. The company operates an online marketplace and related services including travel (OTA) and delivery/courier operations. It completed a $150M funding round in which Sistema JSFC and Mobile TeleSystems OJSC each acquired a 10.8% stake for $75M. OZON intends to use the proceeds to expand delivery infrastructure across Russia, broaden product assortments on OZON.ru and Sapato.ru, and continue growing OZON.travel in the OTA space. The raise is expected to add two representatives from Sistema and MTS to OZON’s board of directors. OZON is also backed by investors including Baring Vostock, Index Ventures, ru-Net, Rakuten, Intel Capital, Holzbrink and Cisco. OZON.ru operates as an online retailer in Russia, offering a broad product assortment and running a travel division called OZON.travel. The company plans to use new funding to develop its fulfilment and distribution operations, expand product assortment, and open new delivery networks in cities across Russia. Management also intends to grow brand awareness to acquire new customers and to launch additional projects. OZON.ru is led by president Bernard Lukey and CEO Maelle Gavet. The company reported a turnover of $137M in 2010.

Total raised

$400M

Funding rounds

3

Latest round

Convertible Note

Latest activity

Mar 2020