Expert Chaslau Koniukh
  • Companies
  • Global investment
  • Investors
  • Terminology
  • Economy
  • Stock Market
  • World exchanges
  • Tech and Marketing
Princeville
Global investment

Investment company Princeville Capital has invested in the online store Ozon

22.12.2020
2 min read

Princeville Capital investment company will finance Ozon

The largest Russian online store Ozon received funding from the famous investment company Princeville Capital. The volume of investments made 50 million dollars. Another 100 million were provided by domestic funds Vostok Capital Partners and AFK “System”.
Ozon is the leader on the Russian market among online platforms. It provides goods from different categories, provides a simplified order option and fast delivery. The investment round was completed at the beginning of this year, thanks to which $150 million was received. Financing is in the form of a convertible loan with the possibility of future equity modification.
The funds raised will be used to implement the items of the logistics and technology infrastructure development strategy. Ozon management plans to launch five new fulfilment centers in different regions of the country. In addition, the company is working on expanding its logistics structure by about 3 times to improve the last mile delivery service. This strategy is to be implemented within two years.
The main sphere of activity of the investment company Princeville Capital from the United States is modern IT-technologies and processes related to climate change. Their clients at different times were such large corporations as Facebook, Alibaba Group, Tencent and others. In the climatic direction the company collaborates actor Leonardo DiCaprio, who is known for his active position and protection of the environment.

Princeville

Multi-category online store Ozon provides a wide range of products. Here you can buy a variety of products, from books to food. It was founded in 1998.
Last year Ozon’s profit grew by 93% to 80.7 billion rubles. This was achieved by increasing the range of products, developing logistics schemes and launching new services for users. In 2019, 32.3 million orders were delivered, which is twice as many goods as in the previous period.
A special Ozon.Premium subscription was introduced for users, which accounted for about 20% of total orders.
The loyalty program provides Ozon.Card, and in November this year 300 thousand users used it.
Different sellers form 70% of the assortment on Ozon. Their number is more than 6.5 thousand, 15 thousand more companies are in the process of registration.
Marketplace has more than 16 thousand postmarks and points of issue. Since 2018, their number has increased by 3 times.
Ozon invests large sums in the development of the project, attracts partners, develops new services. This allows the company to increase the number of users and increase income every year

Tags: Global investment
0
Previous Post Dividends for 2019 will be paid: application of Moscow stock exchange Next Post The oil war between Russia and Saudi Arabia: causes and impact on the world economy

You Might Also Like

Caesars Entertainment
Global investment
Caesars Entertainment Company now owned by Eldorado Resorts
11.04.2021
E*TRADE Financial
Global investment
Large holding company Morgan Stanley bought E*TRADE Financial Corp for $13 billion
12.11.2020
autonomous vehicles production
Global investment
Walmart invested in autonomous vehicles production
06.01.2022
Israeli company Mobileye
Global investment
Israeli developer Mobileye listed its shares on the U.S. stock exchange
29.12.2022
Archer Daniels Midland
Global investment
Archer Daniels Midland Corporation invested in a new plant
26.01.2022
Berkshire Hathaway
Global investment
Berkshire Hathaway Holding acquires stake in HP Corporation
13.07.2022

Recent Posts

  • 1Noventiq
    Noventiq plans to float on the Nasdaq exchange
    29.05.2023
  • 2AI impact on transformation of the economy
    Is the world facing an imminent economic transformation?
    28.05.2023
  • 3Siemens digital bond
    Siemens digital bond: industrial giant offers to invest in blockchain-based securities
    27.05.2023
  • 4credit rating
    The Fitch agency left Latvia’s credit rating unchanged
    26.05.2023
  • 5Ernest Rady
    Ernest Rady: talented financier and successful businessman
    25.05.2023

Popular Posts

  • Skolkovo analysts: the Russian energy market is suffering losses
  • Businessman Chuck Feeney: the man who gave the world Duty Free
  • Field of activity of the American Monsanto Company Corporation
  • Sri Lanka offers visas in exchange for investment

Social media

Editor's Picks

Chaslau Koniukh
Analytics

American bankers from JPMorgan and Goldman Sachs advise to invest in gold: review by Chaslau Koniukh.

Spokesperson
17.08.2020
Expert Chaslau Koniukh
Analytics

Chaslau Koniukh on the analysts’ opinion on the key stake size change soon

Spokesperson
18.06.2020
expert Chaslau Koniukh
Analytics

Chaslau Koniukh: Internet trade market in Russia may reach 2.78 trillion rubles.

Spokesperson
30.05.2020
Will the U.S. oil shale industry be able to quickly recover from the crisis: A Review by Chaslau Koniukh
Analytics

Will the U.S. oil shale industry be able to quickly recover from the crisis: A Review by Chaslau Koniukh

Spokesperson
16.05.2020

Latest Posts

Noventiq
Noventiq plans to float on the Nasdaq exchange
29.05.2023
AI impact on transformation of the economy
Is the world facing an imminent economic transformation?
28.05.2023
Siemens digital bond
Siemens digital bond: industrial giant offers to invest in blockchain-based securities
27.05.2023

Chaslau Koniukh

Expert Chaslau Koniukh

Chaslau Koniukh – an expert in marketing and project management, IT consulting, international investments, investor, financial analyst. A commodity trader, private consultant, entrepreneur, lecturer, author of several articles on the stock market.

Popular Posts

  • Skolkovo analysts: the Russian energy market is suffering losses
  • Businessman Chuck Feeney: the man who gave the world Duty Free
  • Field of activity of the American Monsanto Company Corporation
  • Sri Lanka offers visas in exchange for investment
  • Japan’s Central Bank widened the range of bond yields
Expert Chaslau Koniukh
  • Facebook
  • Twitter
  • Instagram
  • Biography

Chaslau Koniukh – an expert in marketing and project management, international investments, financial analyst.

Social media

Menu

  • Biography
  • Companies and corporations
  • Global investment
  • Investors and Entrepreneurs
  • Economy
  • Market terminology
  • Stock Market
  • World exchanges
  • Tech and Marketing
  • Analytics