- Moscow, Russia
- Large minority stake
OZON.ru is currently the largest hypermarket on the Russian Internet, and has the leading brand recognition.
The company started with the OZON.ru online shop launched in 1998, which was one of the first major e-commerce projects in Russia. Baring Vostok Private Equity Fund invested in the company in 2000.
The company’s growth rate is reported at 78% in USD, up to $232M, and 91%* in Rubles, up to 7.1B Rubles.
"After coming off of a benchmark year for The OZON Group, 2012 began with the pivotal acquisition of Sapato.ru which has strengthened the already fortified leadership of OZON in the marketplace," said Maelle Gavet, CEO of OZON Holdings. "Efforts for the past six months have been concentrated on furthering the growth of OZON as a whole while blending Sapato.ru and OZON.ru to band together seamlessly. It has been a very organic and prolific progression."
Baring Vostok Private Equity Fund IV invested 50 million dollars to support further growth of Tinkoff Credit Systems (TCS).