Ozon, the Russian e-commerce giant that started as an online and electronics bookseller but has since branched out into fashion and logistics services for other companies, is often called "Russia's Amazon" for its size and scope. But in an interview today, CEO Maelle Gavet says the comparison only goes so far, for now. She tells TechCrunch that despite some tests, there are no current plans on the agenda to for Ozon to develop its own e-readers, tablets or other devices. Cloud services, however, are another story. The comments were made on the same day that Ozon announced six-month results that show continued growth: they are?up 78% on last year to $232 million (91% up in rouble terms to R7.1bn); these are pro-forma figures that are adjusted to include its acquisition of shoe/accessory site
Sapato in Februrary. It's relatively little compared to Amazon, which
posted revenues of $12.8 billion for last quarter. But Ozon is growing faster at the moment, and as Gavet points out, Russia is still a largely untapped opportunity: less than 20% of Russia's population shops online at the moment.
Source: http://feedproxy.google.com/~r/Techcrunch/~3/O-OlosnupjU/
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