This article was published on September 4, 2012

OZON, the ‘Amazon of Russia’, continues rapid growth, hits $232M in sales in 6 months


OZON, the ‘Amazon of Russia’, continues rapid growth, hits $232M in sales in 6 months

OZON, known as the “Amazon of Russia,” has had quite an impressive two years. Only back in April, we reported that the ecommerce powerhouse reached a $302.5 million turnover last year, and now the company is announcing that its half-year sales (Jan – June 30) are up 78% to $232M.

Given that last year’s growth rate came in at a high 84%, maintaining a 78% rate over the past 6 months is quite impressive. In fact, if that rate can be maintained (and holiday season-willing it just might), OZON is set to reach nearly half a billion ($464M) — well over a million per day.

According to OZON Holdings CEO Maelle Gavet, the recent acquisition of Sapato.ru helped to fortify the leadership of OZON in the market place. According to Gavet, “efforts for the past six months have been concentrated on furthering the growth of OZON as a whole while blending Sapato.ru and OZON.ru to band together seamlessly.”

Right now, OZON has passed more than 11.1M registered users, with more than 17.3M unique visits per month.

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Additionally, the company claims the following stats:

· OZON.ru reports 2,200,000 in range of goods
· OZON.travel reports 500 airlines and 160,000 hotels are currently available for order
· Sapato.ru currently offers over 200,000 shoes and accessories
· O-Courier reports delivery of orders to 2,100 pick-up-points across the Russian Federation and Kazakhstan
· O-Courier is currently sub-contracted out by over 70 small businesses in the cities of Moscow and St. Petersburg

As for the future, the ecommerce company’s second warehouse is in the works and OZON.ru will specifically begin testing fulfillment services for independent merchants. Clearly, there’s a lot more growth and expansion on the way if OZON can maintain or surpass its current level of demand.

Back in September 2011, OZON raised $100 million in venture funding from – among others – ru-Net, Index Ventures and Japanese online retailer Rakuten.

The OZON Group was originally founded in 1998.

Featured image: Eric Schmuttenmaer

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