Ozon.ru, Russia's Amazon.com, Gets $18M Investment For Expansion
Ozon.ru, which claims to be Russia's largest e-commerce store for books, audio and video, software, multimedia games, electronic and digital goods, received $18 million in funding this week from Index Ventures, Holtzbrinck Ventures (the venture arm of one of Germany's largest publishing companies) and Cisco. The money will help develop Ozon.ru's logistics system, expand its product lines and establish new distribution centers across Russia. The investment round was initiated and managed by Baring Vostok Capital Partners, Russia's leading private equity investor and controlling shareholder of Ozon.
Source: http://www.readwriteweb.com/archives/ozon_18million.php
|
