Ozon IPO offers direct play to Russian e-commerce
- Ozon Holdings PLC is offering 16.9% of the company’s capital at $22.5-27.5 per ADS
- Ozon provides direct exposure to the Russian e-commerce growth story
- The proposed IPO price range lies closer to the lower-end of the multiple-based peer valuation
The contents of this document have been prepared by Joint Stock Company “Alfa-Bank” ("Alfa Bank") as Investment Research within the meaning of Article 36 of Commission Delegated Regulation (EU) 2017/5...