What are you looking for:
The petroleum products marketplace "Open Oil Market" plans to go public through an IPO.
... rubles in 2023. As of the first half of this year, the indicator grew another 13%.
The total trading turnover of the platform since 2021 has reached 12.9 billion rubles, and the number of users exceeded 3,000.
Open Oil Market is an independent B2B marketplace (sales from legal entity to legal entity) selling oil products and other raw materials. The company started full-scale operations in 2021. The most in-demand product on the platform is diesel fuel, which accounts for 75% of sales. Gasoline ...
Why is the trade in petroleum products moving to digital platforms?
... increases competition, and gives consumers the ability to make informed choices.
The second main request from clients in the B2B market is reliability. With platforms offering supplier ratings and transaction histories, consumers can rest assured about ... ... brings together any suppliers and offers a selection of products, credit programs, and delivery conditions. The raw materials marketplace OPEN OIL MARKET has been operating for about three years. It features over 100 suppliers, including Tatneft, and several ...
In the marketplace, the chain of traders in the fuel sales market disappears.
... companies that are also developing their IT services and implementing new technologies. The global trend is largely the platform business model, which was introduced by Uber at the beginning of the last decade. Today, more and more companies are becoming marketplaces. The same goes for Wildberries, Ozon, Sberbank, which is now creating its ecosystem and platforms, Yandex. Most often, this is done for the B2C market; creating a platform for B2B is somewhat more complicated, but we are doing it. Russia is highly digitized, despite the criticisms. Our country adopts technologies very quickly. This is also thanks to our giants like Sberbank and Yandex, who promote these technologies and show ...
What is a pre-IPO and how do companies prepare to go public?
... media materials and native advertising.
pre-IPO Open Oil Market
Open Oil Market, a Skolkovo resident and one of the leading players in the Russian market, is conducting a pre-IPO round before entering the stock exchange. Open Oil Market is developing a B2B marketplace for wholesale supplies of petroleum products, creating a transparent and convenient platform for connecting suppliers and buyers of fuel.
In preparation for the pre-IPO, the company improved corporate governance, strengthened the control structure ...
Fintech in Russia: what is it and examples of companies
... payment management, which is becoming critical in a highly volatile market. I am confident that further development of fintech will help us strengthen our position and create even more useful solutions for our clients.
Pre-IPO of the first independent B2B marketplace for oil products and raw materials OPEN OIL MARKET