Set up in 1992, Moscow Center of SPARC Technologies (MCST) is a private microprocessor manufacturer which has attained a good record in the development of the Russian IT industry. The company develops high-performance universal Russian microprocessors and computer systems and its team members have, over the years, participated in the creation of several generations of powerful …
In a series on Europe’s “hottest startups,” the UK edition of tech magazine Wired published earlier this month a selection of 10 Russian startups. These included peer-to-peer publishing platform Gitoon, e-commerce intelligence platform Ometria, “rephotography” app publisher Timera, slideshow assistant app Penxy, music-streaming service 10tracks, taxi app publisher Wheely, driving navigational system WayRay, video game …
Wired highlights 10 Russian startups but gets it wrong with rosy business predictions Read More
The past few months have seen several significant moves on the booming China-to-Russia cross-border e-commerce scene. This important market represents roughly one half of international e-retailers’ total sales to Russia, or up to $1.5 billion last year, according to a study by East-West Digital News, but still suffers from product quality and delivery time issues. …
Chinese giants make their move into Russia’s booming cross-border e-commerce scene Read More
As previously reported by Russian Search Marketing, Russian Internet users spend a whopping 40% of their time online on social networking sites. As westerners we are all familiar with Facebook but the site actually is much less popular in Russia than you would expect in part due to its lower level of functionality than the more …
In October 2010, a Federal Bureau of Investigation system monitoring U.S. Internet traffic picked up an alert. The signal was coming from Nasdaq (NDAQ). It looked like malware had snuck into the company’s central servers. There were indications that the intruder was not a kid somewhere, but the intelligence agency of another country. More troubling still: When …
The Russian search engine marketing (SEM) market is unique and, to a large extent, different from the SEM-markets of other countries. The main difference lies in the fact that most of the search traffic is concentrated on the local search engine Yandex. According to various estimates, Yandex’s share of search engine traffic in Russia ranges …
Since winter is the peak season for online gaming in Russia, this July 2014 exclusive Yandex update on online games will give you enough time to catch up with the trends. Whether you are a fan of World of Tanks, like the majority of Russian online gamers, or are interested in the fact that PC …
Some foreign players panicked last week when they learned about the new rules adopted by the Russian parliament regarding the collection and storage of personal data – which will be allowed only on Russian territory starting from Sept. 2016. Concerns were fuelled by inflated media reports, including a Google Translate-based article that appeared on an …
Russia and Turkey are the major engines of ATM market expansion in Europe, with growth in much of the rest of the continent standing still, and several major markets contracting during 2013. These are some of the key findings of ATMs in Europe 2014: Hardware, Software and Services, a new report by strategic research and …
Rapid growth in Russia and Turkey drives European ATM market Read More
Russia’s economy is cash based, and its delivery networks are shaky. To drive growth in e-commerce, Ozon had to create a proprietary distribution system, a new logistics and customer service model, and a highly engaged team. At first I didn’t want to have anything to do with Ozon. I was coming up for partnership at …
Venture investment volumes in Russia fell 42% as the number of completed deals dropped 38% in Q1 2014, says Rye, Man and Gor Securities (RMG), an independent Moscow-based investment company, in their latest quarterly report published with the participation of East-West Digital News. In what appears to be a new low for at least the …
VC investment falls 40% in Q1 2014 – Seasonal variation or worrying contraction? Read More
In 2012, Russians spent $8.6 billion on luxury goods and in 2013 became the eighth largest market globally for high-end products. While the luxury brand market in Russia is expanding, the lack of understanding Western brands have of the Russian digital market acts as a significant handicap to online sales. Here are the top 3 ways Western luxury …
3 ways to improve digital marketing of luxury brands in Russia Read More
