• Russian online retailer Ozon eyes nearly 1 billion in US IPO

    6 days ago - By Fashion United

    Russian online retailer Ozon is looking to raise nearly 1.0 billion dollars in a US initial public offering , 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.
    According to a prospectus submitted to the US Securities and Exchange
    Commission , the Russian retailer will be issuing 34.5 million American depositary shares on the Nasdaq stock exchange at between 22.50 and 27.50 dollars.
    Ozon's main shareholders - the...
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