Russian e-commerce giant Ozon acquires Oney Bank in $10m deal

Russian e-commerce giant Ozon acquires Oney Bank in $10m deal

Russian e-commerce firm Ozon is expanding into traditional financial services with a $10 million acquisition of compatriot Oney Bank. Sovcombank bought Oney from Auchan Group in January Ozon, which ranks as one of Russia’s largest online platforms, is purchasing Oney...