Overview
Description
Ozon Holdings PLC ADR represents shares of one of Russia's leading e-commerce platforms, Ozon. This American Depositary Receipt (ADR) allows US investors to access Ozon's shares on American exchanges, bridging international investment opportunities with the Russian market. Ozon primarily functions as an online retail platform, facilitating the sale of a wide variety of goods ranging from electronics to household items, with a significant presence in logistics and warehousing, which enables efficient delivery across Russia's vast geography.
The company's influence extends to supporting small and medium-sized enterprises through its marketplace model, providing vendors with access to its burgeoning customer base. As a key player in the e-commerce sector, Ozon has capitalized on the growing shift towards online shopping, particularly highlighted by its increasing market share. It plays a crucial role in the digital economy of Russia, contributing to the modernization of retail infrastructure. Ozon Holdings PLC ADR is integral to investors seeking exposure to the evolving Russian consumer market while adhering to the convenience of trading within US financial markets.
About
Instrument type
Common stock
Sector
Industry
Country
Russia
MIC code
MISX