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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
Sanctions have begun to be lifted: what should Russian investors expect?
... export opportunities and strengthen the ruble, these companies can offer attractive terms for long-term investments.
The Russian B2B market is also of interest, where the lifting of sanctions can facilitate the development of online platforms for the sale ... ... oil products and other strategically important goods. An example of such a platform is Open Oil Market, the first independent marketplace for oil products and raw materials, which is now actively preparing for an IPO on the Moscow Exchange. The easing ...
Oil plays an important role in the financial performance of Russian Railways (RZD). The OPEC+ deal has led to a reduction in the transportation of petroleum products, but they remain the most profitable cargo on the railways.
... performance of Russian Railways compared to coal, the loading of which is also declining. In the first half of 2024, coal loading decreased by 5.5% (to 169.2 million tons) compared to the same period in 2023.
NOTE: OPEN OIL MARKET is the first independent B2B marketplace for petroleum products and raw materials. The company was founded in 2021 and now unites over 2,600 suppliers and buyers in the small wholesale market. In 2023, the marketplace's turnover was 5.9 billion rubles. The OPEN OIL MARKET platform ...