Ozon reported that sales from sellers on the site doubled. The market presented its financial results for the third quarter, in which, among other things, it reflected how much it lost by recognizing a loss due to a fire in a warehouse in Novaya Riga.

Ozon reports double vendor sales

Ozon’s turnover in the third quarter of this year increased by 74% compared to the same period in 2021 and amounted to 188.1 billion rubles, the company said. Sellers’ sales showed an increase of 104% to 147.1 billion rubles, in the first nine months of this year they grew by 98% to 536.2 billion rubles.

Ozon’s gross profit grew 2.4 times to RUB 36.6 billion, with a positive adjusted EBITDA of RUB 1.6 billion. At the same time, the company ended the quarter with a net loss of 20.7 billion rubles, of which 10.8 billion rubles were losses from the recognition of a loss related to a warehouse fire in New Riga. , which happened in August.

The number of sellers who have sales on the market has exceeded 180 thousand, which is three times more than in the third quarter of 2021. One in three products sold on the site fell into the clothing category (clothing, shoes, accessories ); the category itself showed a fourfold increase.

Ozon was recognized as the most popular Russian franchise. Under his signature, from January to September 2022, 2,650 collection points were launched.

Author:

Kirill Bilyk

Source: RB

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I am Bret Jackson, a professional journalist and author for Gadget Onus, where I specialize in writing about the gaming industry. With over 6 years of experience in my field, I have built up an extensive portfolio that ranges from reviews to interviews with top figures within the industry. My work has been featured on various news sites, providing readers with insightful analysis regarding the current state of gaming culture.

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