Nokia Siemens Networks (NSN) and Micran, a producer of microwave telecommunication and measurement equipment, announced last week that Micran’s plant in Tomsk, Siberia had produced its first base stations for LTE networks. These universal base stations can also be used for 2G and 3G networks. NSN’s ambition is to capture a 30% share of the …
In a move illustrating growing demand on the Russian online advertising market, Yandex announced its rates for display advertising will increase next year by an average of 28%, Russian business daily Vedomosti reported yesterday based on exchanges with advertising agencies. Yandex confirmed the news as well as the fact it revises its display advertising rates …
Former Mail.ru Group Executive Vice President Global Operations François Esculier has gained a seat on the Board of Directors of luxury private shopping club CollectionPrivee.ru. He recently shared with East-West Digital News his vision of the global integration of the Russian Internet, speaking his mind on the management issues domestic players faced as well as about …
François Esculier: “The global battle for digital leadership is raging in Russia.” Read More
RTP Ventures, the recently created US arm of the Russian venture fund Ru-Net, announced yesterday it made no less than four investments in the last two months, including two infusions of seed funding and two Series A investments. RTP Ventures invested in Tinfoil Security, a website security solution provider, Cake Health, which offers solutions to …
RTP Ventures announces four new investments in US startups Read More
The scent of Silicon Valley wafted in the air on Tuesday at the Russian Youth Innovation Convention in Moscow. In addition to gathering over 800 aspiring entrepreneurs from all over the country, the event attracted such international celebrities as Apple co-founder Steve Wozniak, Gmail creator Paul Bucheit, Angry Birds founder Peter Vesterbacka and Virgin Galactic …
Russian search giant Yandex took yet another step towards international expansion yesterday, announcing that Seznam.cz, the largest web search engine and information portal in the Czech Republic, had launched a video search service using its technology.
The Russian mobile content market could reach as much as $1.8 billion this year, according to a report from consulting company J’son & Partners quoted by news agency RIA Novosti. The figures includes ringback tones and other audio content for $766 million, mobile applications for smartphones for $355 million – up 106% from 2010 – …
Russian mobile content market to reach $1.8 billion in 2011, smartphone apps on the rise Read More
In a move reflecting emphasis on its mobile strategy, Yandex, the dominant player on the Russian search and contextual ad markets, announced today its acquisition of SPB Software, a major developer of mobile software with offices in Russia, Taiwan, and Thailand. Referring to sources close to the deal, TechCrunch reported the price was set at …
Russia’s leading international Internet fund DST Global has begun to look at Internet companies in India for potential investment, according to Indian online investment publication VCcircle, citing “sources familiar with the development” earlier this month. DST opened its Asia office in Hong Kong earlier this year. It also invested in Chinese e-commerce leader 360buy.com and …
Heverest.ru, an online retailer of sports and recreational equipment, has attracted a $1.3 million investment from Rollingahead Ltd. and eVenture Capital Partners. The deal brings the current total amount invested in this startup to $2.2 million. Heverest.ru was launched in June of this year by Fast Lane Ventures, a Western-style startup incubator operating in Russia. …
Sport and leisure retailer Heverest.ru raises $1.3 million Read More
Is Russia set to be the next Eldorado for Western startups? As Russia emerges as a new hot spot on the global IT scene, companies have begun seeking new partners, clients and even investors. Among them is Capptain, a Paris based startup with solutions allowing mobile app and game developers to manage and serve their …
French and UK mobile startups find clients and investors in Russia Read More
Will savvy US consumers soon be navigating shopping malls with the help of a Russian mobile application? This vision of the future may well come to be in a year or two, according to Wizee CEO Anton Lebedev who exchanged views with East-West Digital News. Already available at the Apple App Store and on Android …
Wizee, the Russian mobile shopping guide with global ambitions Read More
