Russian search engine Yandex may go public on NASDAQ in June or July 2011, trading shares amounting to $1 billion, reported Bloomberg and Russian business daily Vedomosti. According to unnamed sources, the IPO would be managed by Deutsche Bank and Morgan Stanley.
Russian retailers sold 120,000 iPhone 4 units over the last three months, according to Kommersant, a Russian business daily. This comes in addition to significant unofficial sales via “grey import” channels. Although modest in comparison to the iPhone’s triumphant worldwide sales performance, 16.2 million in Q4 2010, these results mark significant progress for Apple on …
Russian iPhone sales improve, but numbers still far from western records Read More
Dreaming to see the Hermitage’s impressionist collection but wary of catching a cold in a St. Petersburg winter blizzard? Longing to commune with Rublev’s icons in the Tretyakov Gallery but daunted by the expense of travel to the Russian capital? Now art lovers anywhere can realize their dreams of getting a closer look at major …
Digital Sky Technologies (DST Global), Russia’s major Internet investment fund, pledged $50 million to Facebook’s latest $500 million financing round. In addition, DST stakeholder Goldman Sachs bought a $450 million stake with the right to sell up to $75 million to DST, according to sources quoted in The New York Times involved in the talks. With …
DST takes part in Facebook’s newest and largest investment round Read More
