Data & Reports

Crypto cyberthreats spike this year with Russia hit the hardest, report reveals

June 28, 2021

Threats related to cryptocurrencies have increased alongside rising crypto prices over the past few months, shows a recent report by ESET. The Russian Federation is the country that has suffered the most from cyber threats related to cryptocurrencies this year, accounting for 8.9% of all attacks. G7 leaders recently called on the government in Moscow to identify …

Crypto cyberthreats spike this year with Russia hit the hardest, report reveals Read More

In 2020, Russian e-commerce recorded one of the world’s highest growth rates

June 7, 2021

Specialized research agency Data Insight has just released the international version of its Russian e-commerce report for 2020. Domestic sales of physical goods amounted to 2.7 trillion rubles (some $37 billion at the average exchange rate of the year), up 58% from 2019 — placing Russia among the world’s fastest-growing e-commerce markets. Several segments recorded …

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Startup report highlights 100 “unicorns-to-be” from Eastern Europe

May 17, 2021

Emerge, a major conference held last week to highlight the startup and venture scene of the ‘New East,’ has published a selection of 100 promising startups from the region. Touted as having a unicorn potential, these startups were selected according to a variety of criteria — in particular, company maturity (up to three years of age), …

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Moscow city introduces catalog of 68 smart city projects

April 29, 2021

The Moscow city authorities have made available a catalog of smart city projects conducted in the Russian capital. Intended for the international community, this catalog is published in English for the first time. Six categories are offered: human and social capital, digital government, urban environment, urban economy, end-to-end technologies, and digital technologies and communications. Each featured project …

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At 1.6% of net salary, Russia ranks 18th in Europe for broadband Internet expense

April 20, 2021

AddictiveTips.com, an online resource on apps, phone and the web, has calculated the cost of broadband Internet relative to users’ income across 37 European countries. Price data came from Cable.co.uk and salary data from Numbeo.  Russia ranks 18th as the average broadband expense in this country (€75.65 per year, €6.30 per month) accounts for 1.6% of Russians’ net salary (€4,497 per year, €375 per month).  …

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2020 report: Russian VC market fell to $702 million, foreign investment reached new lows

December 31, 2021

Dsight, a Moscow based business intelligence company with a focus on investment, has just released the English version of its yearly Russian venture report. The trends are disappointing, with a 20% contraction of total investment volume — from $869 million in 2019 to $702.8 million in 2020. Dsight attributes this fall to the “unpredictability of the …

2020 report: Russian VC market fell to $702 million, foreign investment reached new lows Read More

Report: South Korean startups revitalized with $3.6 billion injected in 2020

April 9, 2021

Startup Recipe, a leading South Korean startup media and a partner of East-West Digital News, has just released its 2020 Startup Investment Report. The report contains key facts, numbers and trends on this country’s startup investment and ecosystem, as well as information from the concerned startups and investment companies. The South Korean startup ecosystem was …

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TikTok overtakes Facebook in social media use in Russia

February 27, 2021

More and more Russians are relying on social networks for information, though most still get their news from television programs, which are under tight government control. According to a poll conducted last month by Levada Center (an independent polling agency which the Russian authorities designate as a “foreign agent”), 42% of Russians named social networks …

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Moscow ranks #3 among cities of the world for anti-Covid innovations

February 9, 2021

StartupBlink has just ranked cities of the world by the number and quality of anti-covid innovative solutions. In the list, which includes 80 cities from 31 countries, Moscow ranks third — behind San Francisco and New York City, but ahead of such major cities as Toronto, Tel Aviv, London, Taipei and Paris.  Among Moscow’s innovative …

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Report: Russian software companies generate growing sales in emerging markets

February 5, 2021

Last month Russoft, a major Russian IT association, released its 17th “Annual survey of the software development Industry.”   Even though its data relate mostly to 2019 — not 2020, — this report offers a variety of interesting market insights. Some of them may be summarized as follows: Sales volumes: The Russian software industry (including both software …

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2020 in Eastern Europe: Battle of titans in Russia; revolution in Belarus; resilience in Ukraine

January 26, 2021

Crunchbase and East-West Digital News are teaming up to cover key tech and venture trends from Russia and other countries of the former Soviet Union. The latest column, by EWDN chief editor Adrien Henni, highlights the most notable industry facts and trends of the past year.  These include, in particular: Major moves from the three Russian digital leaders: Mail.ru …

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Survey: Russian SMEs rapidly shifting to online advertising

January 20, 2021

As digitalization accelerates cross all sectors of the economy, many businesses are putting online marketing and digital advertising at the core of their strategy for customer acquisition and engagement. MTS, Russia’s largest mobile operator and a leading provider of media and digital services, carried out a survey of small and medium enterprises (SMEs) in Russia …

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