Russia’s booming internet market has received another huge injection of growth funding. Ozon.ru, the largest Russian online retailer, has raised $100m in new venture-capital funding.

The investment in the self-styled “Russian Amazon” is the largest in the country’s e-commerce market after KupiVIP, a private buying club with big ambitions, raised $55m in April. Ozon’s round follows the stock-market debuts of Mail.ru and Yandex at eye-popping valuations. Read more