Svyaznoy, a leading mobile device retailer, reports that smartphone sales in Russia reached 176 billion rubles (approximately $5.6 billion) last year, up 35% from 2012. While still significant, the rate of growth has slowed compared to previous years. Meanwhile, smartphone penetration in Russia has continued to progress, reaching 48%. 18.5 million out of the 39 …
Pavel Durov, the founder of VKontakte.ru (VK.com), Russia’s leading social network, has sold his 12% stake in the company to Ivan Tavrin, the general director of mobile operator Megafon and a member of the Mail.Ru Group‘s board of directors. In his post on Vkontakte, Durov said that he would continue to oversee the company’s functioning …
Vkontakte founder sells his stake while the social network sets new traffic record Read More
Russia’s National Association of Business Angels (NABA), Atom Partners, a Moscow-based investment consultancy and high-tech investor, and RVC, the state-owned fund of funds dedicated to innovation, have presented the results of their 2013 business angel investing study. Tapping into a wide variety of open information sources, the partners found in their report that Russian business …
The Russian cross-border sales market, which is expected to reach or exceed $3 billion this year, has been the object of two recent studies. The first report, conducted by the Higher School of Economics (HSE) this past summer, analyzes the effects of cross-border sales on the Russian retail market. The research was ordered by the …
Cross-border sales: Foreign e-merchants do not always have price advantage Read More
Illustrating the growing traction of Russia’s mobile advertising market, TNS Russia has started publishing data on the popularity of mobile applications, the Russian business daily Vedomosti reported last month. This ranking differs in important ways from TNS’ list of the most popular sites via traditional web access in Russia. The application of leading social network VKontakte (VK.com) is …
TNS ranks Russian mobile apps audience for the first time Read More
J’son & Partners, a leading consultancy covering Russia’s telecom and IT markets, has released an insightful research about LTE perspectives in Russia and across the world. In the medium-term perspective (5-6 years), the largest Russian mobile operators will have not only build a 4G network in accordance with the licensing requirements and their own investment …
In Russia, official sales of the new iPhone 5s and 5c were launched through leading Russian mobile operators MTS and Beeline and in stores such as Media Markt, M. Video, Svyaznoy, Euroset, ION and Eldorado. The IPhone 5c costs 24,990 rubles and the 16G version of the iPhone 5s costs 29,990 rubles (approximately $750 and …
Last week, the Russian edition of Forbes released a list of 10 top Russian venture capitalists whom it identified as being “the most successful.” In the last four years, these investors have earned approximately $3.6 billion from mainly Internet-related projects. The ranking uses the same methodology as American Forbes for The Midas List, the global …
Forbes identifies Russia’s top 10 venture capitalists Read More
Travelata.ru, a Russian online travel agency focusing on package tours, has just released an in-depth presentation on the Russian online travel market. Citing a recent report by the global travel market research company PhoCusWright, Travelata reports that the Russian travel market was worth $53 billion in 2012. Only 14% of travel in Russia is currently …
Russia’s online travel market posts 50% yearly growth Read More
Last week J’son & Partners Consulting, a leading Russian tech consulting agency, released a report on the Russian cloud IaaS solution market. For 2012, the IaaS market reached 1.24 billion rubles (approximately $41 million), up 226% from 2011, while the annual growth rate of the secondary hosting market and commercial DPC did not exceed 30%. Such high …
Report: Russian IaaS market to reach $250 million by 2017 Read More
In partnership with comScore, Ernst and Young and The Next Web, East-West Digital News is releasing a 100-page study on the Russian online video market, a fast-growing segment that deserves renewed attention. A variety of factors is set to drive strong further growth, from the new anti-piracy legislation – which is likely to increase content …
International study sheds full light on Russia’s online video market Read More
Russia’s first public index of the prices of goods sold online was launched in late September by Yandex.Market, a leading Russian online marketplace, the Higher School of Economics (HSE), a major Russian university, and information agency Finmarket. The Internet Inflation index analyzes data from Yandex.Market based on a methodology developed by HSE. The project currently …
