alarm:clock

eCommerce - Tuesday, April 3, 2007

Russia's Amazon.com - OZON.ru - Raises $18M

ozon.ru.png
OZON.ru has raised $18M led by Index Ventures with Holtztbrinck and Cisco.Baring Vostok Capital Partners did a $3M acquisition in 2000 of a controlling stake in OZON.ru. OZON.ru claims to be Russia's largest eCommerce site. It sell books, CDs, DVDs, software, games, electronic products, etc. It says that it delivers more than 3K orders per day. OZUN plans to use the capital to build out more distribution centers in Russia.

Today, Cisco announced that it would focus on Russian VC opportunities.

russian.png

Post a comment




Remember Me?


More Recent Articles

ThumbXCOR Space Startup Further Funded

Thursday August 21, 2008

For successful tech entrepreneurs and investors 3 trends stand out for their encores: wine, alternative energy and space travel. We are bullish on the alternative energy meme but see space and wine as ego plays with high risk economic upside. We hat... Full Story

ThumbPost 9-11 Airport Security Startup Clear Raises $44.4M

Thursday August 21, 2008

On a trip through Denver International this week we couldn't help but be envious of the travelers who were gliding through the Clear line. Some jerk cut in front of our TSA line and of course the line ground to a halt. Another traveler explained that... Full Story

Listen to alarm:clock

alarm:clock © 2004-2008

Swift Internet