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Online retailer Ozon has filed for an IPO

November 3, 2020, 09:38 (UTC+3)|
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Online retailer Ozon has filed an F-1 registration application with the U.S. Securities and Exchange Commission (SEC) for a Nasdaq IPO. Ozon named Morgan Stanley, Goldman Sachs as joint lead book-running managers.

The amount of shares to be placed and the price range have not yet been determined. Earlier the media reported that IPO could take place in late 2020 or early 2021, while the company was estimated at $ 3-5 billion.

In addition, Ozon disclosed the financial results of the marketplace for nine months of 2020: the sales turnover of the company (excluding Ozon.Travel) amounted to 121.6 billion rubles (+ 142% year-on-year). The number of orders increased by 130% (to 44.3 million), and the number of active sellers more than quadrupled (to 18.1 thousand). 

The marketplace officially filed the documents for U.S. IPO in October. AFK Sistema and Baring Vostok maintain parity in Ozon, Sistema owns about 43% of the retailer.

Original (in Russian)

Subject:

#exchange

Companies:

#Ozon

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