Strong investor interest in the market debut of one of Russia’s leading e-commerce platforms, Ozon, helped the company to raise more than $1.2 billion when it went public last month. Ozon announced the results of its dual initial public offering (IPO) on the Nasdaq and the Moscow Exchange on Tuesday. According to its statement, the online giant issued 42.45 million new ordinary shares, including additional shares and the concurrent private placements to the company’s key shareholder, AFK Sistema, and Baring Vostok Fund. Each of the two companies now owns 33 percent of Ozon stock, while pre-IPO investors hold 15.7 percent. Over 18 perce
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