Ozon's 2024 Earnings Surge Over 500% Amid Growth in Marketplace and Fintech

Reported about 6 hours ago

Russian e-commerce company Ozon announced a remarkable increase of over 500% in its full-year core earnings for 2024, reaching 40.1 billion roubles ($459.34 million), driven by enhanced monetization of its marketplace and the growth of its fintech services. The firm anticipates adjusted EBITDA for 2025 to rise to between 70-90 billion roubles.

Source: YAHOO

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