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OZON to Acquire Sapato.ru Online Shoe Store

Files under: News
Posted by: admin @ 09:57 [1. 02. 12]

‘Amazon of Russia’, OZON has received an approval from the Federal Antimonopoly Service (FAS) of the Russian Federation to acquire online shoe store Sapato.ru, according to the FAS’ web-site. To finance an acquisition, OZON can use proceeds of $100 million round that it raised from Ru-Net, Rakuten, Alpha Associates and Index Ventures last September. Launched [...]

Top 10 Russian Web Startups of 2011

Files under: News
Posted by: admin @ 06:21 [22. 12. 11]

In September 2011, Russia became the largest Internet market in Europe with 51 million online users. Who are the top emerging internet companies that disrupt the Russian market. Find out below a list of top 10 Russian web startups of 2011. 1. Oktogo.ru Having raised $5 million in venture capital from European early-stage investors, Oktogo.ru [...]

Intel Capital Leads $12 Million Round in Sapato.ru, Russian Online Shoe Store

Files under: News, Web 2.0
Posted by: admin @ 04:29 [9. 06. 11]

Zappos for Russia, Sapato.ru has raised $12 million in new funding, the company announced today. The investment round was led by Intel Capital, which contributed a majority of $12 million. The previous investors such as eVenture Capital, Kinnevik and Direct Group also joined the round. Sapato previously raised over $5 million from German Otto Group-backed [...]

OZON.ru Revenues $136 Million in 2010; Seeks to Sell 10% for $40 Million

Files under: News, Tech
Posted by: admin @ 08:10 [8. 04. 11]

The largest Russian online store (Amazon of Russia) OZON.ru has announced operational results for 2010. OZON.ru is looking to sell a 10% stake in the company for more than $40 million. The sale, which shall include selling new shares and exisiting shares by minority shareholders, will imply Ozon.ru valuation of over $400 million. The company [...]