[TechUkraine news] German Autodoc with offices in Ukraine preparing to IPO

German online car part retailer Autodoc is preparing a Frankfurt stock market flotation in the autumn that could value it at about 5 billion euros ($5.93 billion).
  • Autodoc operates in Ukraine since 2017, has 3 offices (Kyiv, Kharkiv and Odesa) and over 1000 employees.
  • The company was set up in 2008 to disrupt a spares market seen by its founders as overcharging customers. Today it operates websites offering 2.5 million parts, such as springs, exhaust systems, body parts and clutches, for 166 car brands.
  • Autodoc presents in 4 markets: Germany, Poland, Ukraine, Moldova.
via Reuters