Ozon

Leading multi-category e-commerce platform and one of the largest internet companies in Russia. Ozon’s fulfillment infrastructure and delivery network have some of the widest coverage among e-commerce players in the country, enabling Ozon to provide more than 85 mln people in Russia with fast and convenient courier delivery and pick-up locations within walking distance.
Sistema’s
direct stake

32.4 percent

Gross merchandise
value in 2020

197.4 bn ₽

pickup points and
parcel lockers

12.0 thousand

Development Strategy

In 2019, the company plans to stick to its aggressive strategy, aiming to conquer the wider market. Immediate initiatives include large-scale investments in logistics infrastructure, the expansion of a distribution centre in Tver, and the launch of a new fulfilment centre near Moscow with a total floorspace of over 100,000 sq. m.
Share pricesSeptember 27, 2021, 12:00 AM
September 28, 2021, 06:00 PM

The team

Alexander Shulgin

CEO

Business

Stock acquisition

In March 2019, Sistema acquired an 18.7% equity stake in Ozon Holdings Limited from PJSC MTS for RUB 7.9 billion, bringing Sistema’s total stake in Ozon’s equity to 19.3%. In April 2019, Sistema further increased its stake in Ozon to 21.9% following the acquisition of shares from a number of Ozon minority shareholders. In addition, Sistema_VC, a venture capital fund that is part of Sistema Group and invests in growth-stage tech companies, also holds 16.3% in Ozon.
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Rates of growth

In 2018, Ozon’s business grew at its fastest rate in the last decade. Ozon.ru gross merchandise value (GMV) in 2018 grew by 73%. Some product categories – including clothing and foodstuffs – posted revenue increases in excess of 100%.
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Logistics infrastructure

over 220 thsd sq m

footprint
As of the end of 2020, Ozon operated eight fulfilment centres occupying a total of more than 220,000 sq m, allowing the company to deliver products to 40% of the Russian population the day after an order is placed. In 2020, Ozon continued large-scale expansion of its logistics infrastructure in order to provide faster delivery to buyers in the regions and provide more logistics options to local sellers. In October 2020, Ozon opened a new fulfilment centre in Rostov-on-Don with footprint space of more than 22,000 sq m.
Read more 
Vladimir Yevtushenkov, the tycoon riding Russia’s market boom
11 September 2021
Etalon Group announces partnership with Ozon
3 September 2021
Ozon is expanding its presence in Kazakhstan
16 August 2021
Ozon to build a logistics facility in the Samara region, invest over RUB 4 billion
8 June 2021

Learn more on website
Ozon