About: http://data.cimple.eu/news-article/7f8520bda34fb20dc8605d789a76dfb0f22477776715ea310283d184

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About: http://data.cimple.eu/news-article/7f8520bda34fb20dc8605d789a76dfb0f22477776715ea310283d184 Goto Sponge NotDistinct Permalink

An Entity of Type : schema:NewsArticle, within Data Space : data.cimple.eu associated with source document(s)

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rdf:type	schema:NewsArticle
schema:articleBody	Russian online retailer Ozon said Friday it is planning to list on the US stock exchange after meteoric growth, fuelled most recently by the boom in e-commerce due to coronavirus lockdowns. Ozon has "submitted a draft registration statement... to the Securities and Exchange Commission relating to the proposed initial public offering of its ordinary shares," the company said in a statement. "The number of shares to be offered and the price range for the proposed offering have not yet been determined. The initial public offering is expected to take place after the SEC completes its review process, subject to market and other conditions," it added. Earlier, a report in the Wall Street Journal said that Ozon -- which began in 1998 as an online bookstore and is often called Russia's Amazon -- was preparing an IPO later this year or early next year in a transaction potentially valuing it at $3.0-5.0 billion. Ozon notched up growth of more than 100 percent in the first quarter and nearly 200 percent in the second, as the pandemic boosted e-commerce platforms by spurring more people to shop online. Its main shareholders are the private equity firm Baring Vostok Capital and AFK Sistema, a conglomerate controlled by businessman Vladimir Yevtushenkov. With the Russian economy in the doldrums, e-commerce has seen several years of booming sales and a number of large groups, from public bank Sberbank to China's Alibaba, have tried to move into the market by teaming up with local internet giants, Yandex and Mail.ru. apo/tbm/spm/bmm
schema:headline	Russian online giant Ozon eyes US stock market flotation
schema:mentions	Alibaba Group Sberbank of Russia Private equity E-commerce Conscription Media conglomerate Initial public offering U.S. Securities and Exchange Commission The Wall Street Journal Amazon rainforest Russia Pandemic China Coronavirus Vladimir Yevtushenkov Vostok Station Sistema Mail.Ru Yandex Economy of Russia SEC filing
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2020-10-02 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	positive sentiment
http://data.cimple...readability_score	83 (xsd:integer)
http://data.cimple...tology#hasEmotion	happiness

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