Ukraine Digital News

Ukraine Digital News is an international information platform dedicated to Ukraine's vibrant digital and IT scene. Its website UADN.NET provides news, market data, business analysis and updates pertaining to the Internet, e-commerce, IT outsourcing, software development, hardware innovation in the country as well as to the related investment activity and international implications. The company also provides in-depth industry reports on these topics. Ukraine Digital News is part of the EWDN Network, a group of online publications dedicated to innovation in Eastern Europe.

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Ukrainian-founded startup Adwisely backed by diverse pool of investors in Silicon Valley

July 6, 2022

Adwisely, a startup founded in Ukraine in 2018 — previously known as Retarget App — is making its way in Silicon Valley. Six months after moving its headquarters there, with a team of Ukrainian pros distributed across the world, the company has just announced the completion of a $1.5 million round of funding. London-based TMT …

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After cyberattack on Ukraine, western allies point at Russia but have no detailed response plan

February 20, 2022

“The largest DDoS attack in Ukraine’s history,” according to the digital transformation minister Mykhailo Fyodorov, took place this past Tuesday, Feb. 15 — just one month after a previous attack.  The attack targeted the websites of the defense ministry and armed forces as well as two of Ukraine’s two largest banks – PrivatBank and Oschadbank. Starting at 3pm that day, …

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Mapping the routes of the Internet for geopolitics: The case of Eastern Ukraine

May 19, 2021

A team of French and US researchers has just published a paper about the geopolitical significance of data routing, through the analysis of Eastern Ukraine. Their paper proposes “new methodologies to understand and represent the new forms of power rivalries and imbalances that occur within the lower layers of cyberspace.” “We [selected] Eastern Ukraine as …

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Russian gaming giant Playrix acquires Ukrainian Boolat Games

March 24, 2021

Earlier this week Playrix, a global Russian-founded gaming giant, announced the acquisition of Ukrainian game studio Boolat Games. The terms of the deal have not been disclosed.  Launched 20 years ago, Boolat Games creates multi-platform free-to-play and adventure games. Different genres are available, from casual to hardcore: RPG, time-management, hidden objects, strategy, etc. The studio’s portfolio features dozens …

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Russian e-commerce leader Wildberries launches in Ukraine

September 24, 2020

On September 21 Wildberries, the number one retailer in Russia, launched sales in Ukraine. Customers can order goods with free delivery in the wildberries.ua online store as well as through the iOS mobile application. An Android app will be launched shortly. In addition to Russia and Ukraine, the company operates commercially in six countries: Belarus, …

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Ukrainian fund puts $1 million in Russian-founded edtech startup

December 4, 2019

A Kyiv (Kiev)-based venture fund, Genesis Investments , has just injected $1 million in Russian-founded edtech startup IntellectoKids.  The news was reported earlier this week by Rusbase, which cited exchanges with the startup’s press service. The details of the transaction were not disclosed.  Founded in 2016, IntellectoKids presents itself as a media, entertainment and education platform for parents and …

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Dutch business angel Bas Godska launches venture fund, targets startups from across Europe

September 22, 2020

Bas Godska, an international e-marketing veteran and one of the most prolific business angels in Eastern Europe, announces the launch of Acrobator Ventures. This startup fund plans to invest up to  €20 million in the coming three years “from pre-seed stage to later stages.” Its sweet spots will be SaaS, Big Data/ML/AI and HR tech, not …

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USDOC SABIT IT 2018 program picks tech startups from former Soviet Union

May 25, 2018

The US Department of Commerce (USDOC) International Trade Administration established the SABIT program in 1990 to promote the economic restructuring of countries from the former Soviet Union.  There are several group programs within this initiative including Health Care and IT. The SABIT IT tech startup program recently chose 18 participants for its June 2018 executive …

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Ukrainian-Russian startup YouScan acquires BrandSpotter

March 16, 2018

On Wednesday YouScan, a social media software startup with Ukrainian and Russian roots, announced the acquisition of BrandSpotter, a leading social media monitoring service in Russian-speaking countries. The parties did not specify the amount of the deal, but announced that the BrandSpotter technology and trademark have been transfered to YouScan. YouScan helps businesses monitor, analyze and compare …

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Russian and Ukrainian entrepreneurs among top users of Estonian e-Residency program

February 7, 2018

In 2014, Estonia launched a unique program to help non-EU entrepreneurs gain access to global markets. Based on the most recent data, Russians and Ukrainians are among the major users of it. Alexey Voronkov, currently the country manager for Ukraine, shared some statistics about the program as of January 30, 2018: The current total number …

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Mail.Ru Group has lost 1.5% of its annual revenue after being banned in Ukraine

September 6, 2017

In its unaudited IFRS results made public last month, Mail.Ru Group, a leading LSE-listed Russian Internet group, has estimated “the negative effect of the blocking of its services in Ukraine in Q2 is around 1.5% of total revenues in 2017.” In mid-May, Ukrainian President Petro Poroshenko signed a decree applying sanctions to 468 legal entities …

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Ukraine bans leading Russian Internet sites

May 17, 2017

Confirming that the relations between Ukraine and Russia are currently at their lowest, Ukrainian President Petro Poroshenko yesterday signed a decree applying sanctions to 468 legal entities and 1,228 individuals from Russia. Among the targeted organizations are the two leading Russian Internet groups — Yandex and Mail.Ru Group — the services of which will be made …

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