Horizon Capital-backed Rozetka acquired EVO.

Horizon Capital-backed Rozetka, the leading online e-commerce retailer in Ukraine, acquired EVO, the internet company behind the country’s largest marketplace. Financial terms were not disclosed. “The synergies that this merger enables in logistics, IT infrastructure and cooperation with tens of thousands of entrepreneurs, will ensure we continue to be the platform-of-choice for Ukrainian consumers. Internet marketplace is an important growth driver for Rozetka and the merger with EVO provides strong momentum for further expansion of marketplace sales. Ukrainian consumers are the clear winners with this merger, we look forward to continuing to delight our customers in the years ahead”, commented Vladyslav Chechotkin, Co-Founder and Chief Executive Officer of Rozetka.