Russian e-commerce giant reports huge revenue jump ...News

Ozon sees soaring profits on the back of strong sales Russian online retailer Ozon has reported impressive revenue growth for 2022, despite sanctions and a devastating fire which destroyed a packing warehouse. Total revenue leapt 55% year-on-year to 277.1 billion rubles ($3.4 billion), the company said in a statement published on Thursday, citing unaudited financial results. The surge is attributed to strong service revenue, which saw 147% year-on-year growth last year. Ozon’s gross merchandise value (GMV), the total value of goods and services sold by the e-commerce giant, soared 86% to 832.2 billion rubles ($10.

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