Ozon and YouDo – Among Top-20 Most Valuable Russian Internet Companies

Forbes Russia picks two of our portfolio companies for its 2019 rating.

Forbes released an annual rating of the 20 Most Expensive Russian Internet Companies of 2019, with two portfolio companies of Sistema_VC on the list – Ozon and YouDo.

5. Ozon Group

“In March 2018 MTS invested in e-retailer Ozon and increased its share from 11,2% to 13,7%. Later the share was driven to 16,66% with the amount invested undisclosed. Ozon has been investing the funds into development of infrastructure and new projects. In 2018 it was licensed to sell and deliver medicines and other pharmacy goods”.

20. YouDo

“YouDo Service unites customers and taskers to offer different type of service: courier service and transportation, repair and cleaning, computer help, etc. More than four million tasks has been created on the website and about one million taskers registered paying fee to publish their offers. In 2018 MTS purchased 13.7% of shares in YouDo for $12M. The earlier investor was Sistema_VC”.