On Nov. 1, 2019, Russia’s so-called sovereign Internet law came into force “to ensure the integrity, continuity, stability, resilience, and security of the functioning of the Internet’s Russian national segment.” Its practical purpose is to prepare the country to be potentially cut off from the rest of the World Wide Web. The new legislation, however, is …
Crunchbase and East-West Digital News are teaming up to cover key tech and venture trends in Eastern Europe. Since January 2019, EWDN chief editor Adrien Henni has offered a regular column to highlight the most notable industry facts and trends as well as promising tech innovations from this region. This full-year 2019 review lists the most important investment and …
Private banks and credit cards appeared in Russia relatively recently – in the early 1990s after the collapse of the USSR. The local banking system developed from scratch, and didn’t have to depend on old software solutions, thus avoiding many of the intermediate development stages that more advanced economies had to go through. As a …
10 Russian online banking features that you probably don’t have Read More
It’s been two months since Russia passed the sovereign internet law giving it the right to cut Russia from the rest of the online world. Not much has changed, despite fears that the new legislation would usher in an era of strict control. Experts say the Russian legal and administrative systems contains enough loopholes and …
Will Russia enforce its new Internet laws in 2020? Read More
Crunchbase and East-West Digital News are teaming up to cover key tech and venture trends from Russia and neighboring countries in Eastern Europe and Central Asia. Since January 2019, EWDN chief editor Adrien Henni has offered a monthly column to highlight the most notable industry facts and trends as well as promising tech innovations from these countries. The November review highlights moves …
Last week President Vladimir Putin signed the formal decree making the necessary changes to Russian law for the Yandex to change ownership and governance rules. These changes, their background and implications were analyzed by Mrs. Tatyana Stanovaya, the founder of the political analysis project R.Politik and a nonresident scholar at the Carnegie Moscow Center. Earlier this month, Russian …
Crunchbase and East-West Digital News are teaming up to cover key tech and venture trends from Russia and neighboring countries in Eastern Europe and Central Asia. Since January 2019, EWDN chief editor Adrien Henni has offered a monthly column to highlight the most notable industry facts and trends as well as promising tech innovations from these countries. The October review highlights the …
Venture investment volume in Russia reached almost half a billion US dollars ($493.6 million) in the six first months of this year, according to Dsight. This Moscow-based venture analytics and business intelligence agency released last week the English version of its latest industry report. While still modest by international standards (US venture deals accounted for …
Russian venture market grows but remains modest by international standards Read More
The average cost to develop a mobile app in Eastern Europe is $23,000 versus $171,450 in the US, according to SmartBrain (also known as Rubrain), a San Francisco-based marketplace for IT contractors. The company analyzed data from more than 400 deals between Eastern European contractors and international startups and found out that developing a new app …
Building a mobile app in Eastern Europe is seven times more cost-effective than in the US Read More
Russia will lead the Commonwealth of Independent States (CIS) in the commercialisation of 5G services, with the region’s other markets all launching 5G networks by 2025, according to the GSMA’s Mobile Economy: Russia & CIS 2019 report, which was published on Oct. 10 at the Mobile 360 Series – Eurasia event in Moscow. The CIS region will have around 54 million …
Crunchbase and East-West Digital News are teaming up to cover key tech and venture trends from Russia and neighboring countries in Eastern Europe and Central Asia. Since January 2019, EWDN chief editor Adrien Henni has offered a monthly column to highlight the most notable industry facts and trends as well as promising tech innovations from these countries. The September review highlights the …
Russia has two homegrown social networks, VKontakte (VK) and Odnoklassniki (OK), which both grew with financial support of Israeli-Russian billionaire Yuri Milner. Now properties of LSE-listed Mail.ru Group, these sites have shaped Russia’s social media landscape and still dominate the market far ahead of Facebook. This video is part of “Holy War,” a seven-episode series …
How Russia’s social media VK and OK grew and made Yuri Milner even richer Read More
