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OZON Ozon Announces Second Quarter 2021 Financial Results and Raises GMV Guidance for Full - Year 2021 to 110 % Year - on - Year August 17 , 2021 Ozon Holdings PLC ( NASDAQ and MOEX : " OZON " , thereafter referred to as " Ozon " or the " Company " ) , a leading Russian e - commerce platform , announces its unaudited financial results for the second quarter ended June 30 , 2021 . Second Quarter 2021 Financial and Operating Results Highlights ● ● ● Number of orders increased to 40.9 million , up from 14.6 million orders delivered in Q2 2020 , with growth accelerating to 180 % year - on - year , on the back of 80 % growth in customer base and strong cohort performance with 40 % higher order frequency . GMV incl . services increased to RUB 89.0 billion , growing by 94 % year - on - year , compared to RUB 45.8 billion in Q2 2020 , despite the high base effect of 188 % year - on year growth in Q2 2020 . Share of Marketplace reached 62.1 % as a percentage of GMV incl . services , compared to 47.4 % in Q2 2020 , supported by the merchant base more than tripling in the last twelve months and boosting availability and choice as assortment reached approximately 27 million SKUs as of June 30 , 2021 . Adjusted EBITDA was a negative RUB 9.1 billion , compared to negative RUB 1.8 billion in Q2 2020 , implying Adjusted EBITDA as a percentage of GMV incl . services of 10.3 % in Q2 2021 compared to 3.9 % in Q2 2020 , on the back of strategic investments deployed to build scale and increase our market share . Cash flow from operating activities was negative RUB 7.7 billion , compared to negative RUB 2.1 billion in Q2 2020 . The Company had cash and cash equivalents of RUB 122.9 billion as of June 30 , 2021 . Alexander Shulgin , Chief Executive Officer of Ozon commented : " Since 2018 we transformed Ozon into one of the largest e - commerce players in Russia with 18 million customers and close to RUB 1 billion GMV per day ! Yet we see an enormous market growth opportunity in core e - commerce business as well as the new Fintech vertical , which already boasts 1 million users , and our quick commerce business unit Ozon Express . Despite very tough comps , our GMV was up by 94 % , on the back of a tremendous order growth of 180 % year - on year . The 40 % increase in order frequencies is a testimony to the stellar performance of our cohorts . We significantly enhanced our last mile operations , increased our seller base and more than doubled the assortment since the start of the year . We expect our order growth to remain strong for the remainder of the year and raise our GMV growth guidance to 110 % for the full year . " 1