Venture investment volumes in Russia fell by 9% year-on-year (y-o-y) as the number of completed deals increased by 32% in Q2 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. 2014 continues to be a difficult year for …
As Chinese players are making their move into Russia’s booming cross-border e-commerce scene, AliExpress, the B2C platform of Chinese e-commerce giant Alibaba, has become Russia’s most visited e-commerce platform and one of the country’s top 10 most visited websites. This past July, according to TNS, the site attracted no fewer than 15.9 million users of …
According to research by Yandex Ukraine, Ukrainians have created 40 million accounts on popular social networks like Odnoklassniki, Vkontakte (VK.com), Facebook, and Twitter as of summer 2014. Russian social networks still dominate the market, as 27 million accounts have been created on Vkontakte and 11 million have been created on Odnoklassniki, as opposed to only …
Russian social networks still market leaders in Ukraine Read More
According to the Yandex.Market rankings, the three smartphone brands leading the way in Russia include Apple, Samsung, and Sony. The iPhone 5S currently holds first place in the Yandex.Market smartphone ratings. The iPhone 5S has only fallen second to Samsung Galaxy once since the iPhone 5S was released in Russia last fall. The iPhone 5S …
iPhone 5S leads the way in Yandex.Market smartphone rankings Read More
Experts at Mail.ru Group and Newzoo have assessed the mobile games market in Russia and compared gamers from a variety of countries. The volume of the mobile games market in Russia has grown more than nine times from 2010 through 2013, when it amounted to $165 million. In 2010, the share of mobile games in the …
The mobile games market in Russia grew by nine times from 2010 through 2013 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 …
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 …
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
This year, East-West Digital News has teamed up with Data Insight and Enter Vision, two leading Russian e-commerce data providers, to provide Russia’s first reliable ranking of e-commerce companies. The information is based on companies’ official data and – whenever company data was not disclosed or judged inaccurate – the combined expert assessments of Data …
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
Internet business in Russia is a profitable enterprise worth 8.5% of GDP, according to Vladimir Putin. Russia’s president was speaking last week at the “Internet Business in Russia” forum, which was attended by top figures from Russia’s leading internet companies, including Yandex’s Arkady Volozh, Mail.ru’s Dmitry Grishin, Ozon’s Maëlle Gavet and Live Internet’s German Klimenko. Putin added …
TNS has conducted research on the popularity of electronic payment methods among Russian online shoppers of different age and demographic groups. Electronic currencies (such as Yandex Money, WebMoney, Qiwi Wallet and PayPal) rank among the three most popular electronic payment methods for the 12-55 year old age group. The survey found that 97% of respondents had …
TNS studies the popularity of electronic currencies in Russia Read More
