Russian online retailer Ozon to raise about US$750 million in IPO: sources

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Russian online retailer Ozon plans to raise about US$750 million in an initial public offering (IPO) in the United States, three financial market ...

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Russian online retailer Ozon plans to raise about US$750 million in an initial public offering in the United States, three financial market sources told Reuters.

FILE PHOTO: A view shows the pick-up point of the Ozon online retailer in Moscow, Russia March 16, 2020. REUTERS/Evgenia NovozheninaMOSCOW: Russian online retailer Ozon plans to raise about US$750 million in an initial public offering in the United States, three financial market sources told Reuters.

The company, which has already filed for an IPO, said this month it had planned to raise at least US$500 million for the company's expansion.

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