Analysis

From startup emigration to local development: Fintech emerges in Kazakhstan

An oil-rich republic of the ex-Soviet Union, Kazakhstan now envisions its economic future as a gateway for foreign investment across Central Asia. Tech solutions and new apps are emerging there to facilitate the process, writes tech columnist Victoria Zavyalova. Until recently, Kazakhstan had little to show in terms of stock trading and fintech infrastructure. This …

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Why Russians dominate international programming contests

Russian programmers excel not only in “hacking” US elections. They also top international competitions, as exemplified by the results of the International Collegiate Programming Contest (ICPC) over the past years. While winning this contest is the dream of all IT students the world, Russians did it this year for the eighth time – ahead of teams …

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Pavel Terentiev of Addventure: “Building a $100m business in Russia is a no-brainer, but growing further is more challenging”

Pavel Terentiev is Managing Partner at AddVenture, a fund launched in 2008, at the very early days of the Russian venture industry. In this exchange, he recalls the spectacular development of the Russian venture scene over the past ten years, and explains how savvy entrepreneurs and investors can seize the opportunities of the undergoing digital …

Pavel Terentiev of Addventure: “Building a $100m business in Russia is a no-brainer, but growing further is more challenging” Read More

Age, sex and online behavior in Russia

Over 71 million people over 18 years-old use the Internet in Russia, and the daily audience of Yandex’s Advertising Network serves about 60 million users. Every day visitors to sites in the Yandex Advertising Network see about 4.3 billion ads, 8 millions of which convert. Yandex, the number one search engine in Russia, has studied …

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Sasha Galitsky: “The strengths and weaknesses of Eastern Europe in the field of technology are related in part to its communist past”

Alexander “Sasha” Galitsky, Ph. D., is co-founder and managing partner at Almaz Capital Partners, one of the most prominent international funds with roots in Eastern Europe. This interview is an excerpt from “Startup Investment & Innovation in Emerging Europe,” a research study just released by East-West Digital News.   Which technologies are CEE startups strongest …

Sasha Galitsky: “The strengths and weaknesses of Eastern Europe in the field of technology are related in part to its communist past” Read More

“Startup Innovation and Investment in Emerging Europe:” A groundbreaking research released by EWDN

How do the local startup scenes look like in Estonia, Poland, Russia, Ukraine — but also in lesser known countries, from Bosnia-Herzegovina, to Moldova, to Georgia? How much do VCs invest these countries? Are corporations involved in these emerging ecosystems? Which are the most well-funded startups, and which younger ones should be followed? Why do so many …

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eSports, video surveillance, “green economy:” The Russian ICO frenzy continues

The Russian ICO frenzy – which marked last year with more than 130 ICOs and pre-ICOs conducted by companies with Russian roots, some 10% of the global numbers, according to data collected by ICObench and EWDN – is going on, with fundraising successes announced every week in a variety of fields. Thus BioCoin, which touts itself …

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How Elon Musk beat Russia’s space program

Nowhere did Tuesday’s launch of SpaceX’s Falcon Heavy rocket echo as powerfully as in Russia. The private U.S. company continues to produce technical feats on which the Russian space industry has given up:  First the consistent reuse of rockets, and now the successful launch of a rocket with as many as 27 engines. The Soviet Union tried something similar …

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WSJ: “Nasdaq-listed Yandex is Russia’s Uber and Google combined”

“Stock investors can’t invest in Uber, but they can invest in Nasdaq-listed Yandex, owner of Russia’s top ride-hailing platform,” writes WSJ reporter Stephen Wilmot, referring to the Yandex.Taxi platform. The Russian search engine recently agreed with Uber to merge their respective taxi-hailing and food delivery services in Russia and neighboring countries – a move that has provided …

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5 facts about Russia that can impact your advertising

Any number of factors can influence an advertising campaign, but the more equipped advertisers are on their target audience, the better they can adapt for their audience. Russian Search Marketing brings you five facts about Russia that will help advertisers better understand their Russian audience, and how to prepare and improve their offers for the Russian …

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How Russian universities can become more innovative and entrepreneurial

A figure of the innovation scene in Russia, where he has lived for more than 20 years, US investor Kendrick White shares  his vision of the innovation potential of Russian universities and the challenges related to its translation into market-oriented products. Although Russia has a great scientific tradition, it has a long history of failing …

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