Russian online retailer Ozon files for US IPO, said to raise $500m

Russian online retailer Ozon files for US IPO, said to raise $500m

Moscow, Russia. Photo by Michael Parulava on Unsplash

Russian online retailer Ozon has filed for an initial public offering (IPO) in the United States, it said on Tuesday, which financial market sources said could raise at least $500 million for the company’s expansion.