According to the Moscow-based consultancy J’son & Partners, the mobile game market in Russia will grow from $392 million in 2012 to an estimated $707 million in 2016. The number of mobile game players is also expected to increase from 38.6 million at the end of 2012 to 65.1 million in 2016. This is almost …
Value added and multimedia services continue to develop in Russia. Telecom carriers seek for opportunities to offer bundles, including pay TV and mobile internet, which allow for both increase ARPU and reduce churn. Among other important segments of the mobile VAS and multimedia market last year were SMS payments and ringback tones, which will be …
Mobile internet and VAS to expand in Russia in 2013-2014 Read More
The Russian government is making headway in persuading some of the world’s leading Internet players to block content that it has labeled as illegal. Roskomnadzor, a federal agency that oversees telecoms, IT, and mass communications, announced last Friday that it has come to an understanding on the matter with Twitter. In the first three weeks of …
Twitter acquiesces to Russia’s content-blocking while Google battles it in court Read More
Continuing its expansion into the realm of mobile, Russia’s search giant Yandex officially unveiled its application store for Android-powered devices at the Mobile World Congress in Barcelona last month. Yandex.Store already has more than 50,000 paid and free apps and is available in Russian, English, French, German, Spanish, Italian, Ukrainian, and Turkish languages.
Moscow – RBC OJSC (MICEX-RTS: RBCM) hereby announces the launch of a new version of automotive news portal Autonews.ru. Modern design and high-quality visual content provide users with a convenient way of accessing up-to-date information about automobiles, the automobile market, and services. Additionally, the website’s advertising capacity has been increased by adding advertising space and increasing the size …
Woerden, the Netherlands, and Moscow, Russia – As cross-border sales to Russia already amount to several billion dollars per year, E-Commerce Facts, a leading European resource on e-commerce, and East-West Digital News, the first international resource on Russian digital industries, are teaming up to provide international audiences with full coverage of the fast-growing Russian e-commerce …
E-Commercefacts.com to cover Russian online retail scene with East-West Digital News Read More
VimpelCom, an international telecom provider operating in Russia under the Beeline brand, announced last week that its customers will be able to use their mobile accounts to buy digital content from the Windows Phone Store. The cost of any purchased application, game, or music track will be deducted from a customer’s prepaid credit or added …
VimpelCom partners with Microsoft, Google and Facebook Read More
Virool, a San Francisco-based startup founded in 2011 by a Russian team, has announced that it raised $6.62 million from leading venture funds and business angels. The operation actually took place several months ago, two sources close to the deal told East-West Digital News, but was announced only last week. A Y-Combinator graduate, Virool defines itself as …
Social video platform Virool raises giant $6.62 million seed round Read More
The Recording Industry Association of America (RIAA) issued a statement earlier this month showing that in music markets such as Russia and China, “the levels of piracy are so great that they essentially eclipse the output of the legitimate sector.” Commenting on this year’s broader annual “Special 301” report to the U.S. Trade Representative (USTR) …
Piracy in Russia’s music market eclipses legitimate sector – RIAA Read More
The Rambler.ru portal, a property of the Rambler Afisha group, is shutting down some of its services. The mapping, photo hosting and dictionary functions, as well as the ‘Rambler-Plus’ e-currency, are being completely stopped, while the air ticket search engine ‘Rambler-Avia’ will not be developed further, the group announced earlier this month. Even though some …
Pascal Clément, the Moscow-based French entrepreneur who co-founded Fastlane Ventures, has broadened his investment focus to include a range of new countries through a new investment vehicle, christened Simile Venture Partners. Since it launched in June of last year, Simile has been investing at the seed or early stages “in any geography where market opportunities …
Fastlane founder Pascal Clément’s new tech fund invests around the world Read More
Prostor Capital is considering selling its majority stake in Dulton Media or “associating it with a strategic partner” to further develop it, the fund’s Managing Director Alexey Solovyov said in an exchange with East-West Digital News. A Moscow-based startup specializing in online video solutions, Dulton is developing such projects as YaTV, a video broadcasting and …
Prostor Capital seeks new investor for online video solution provider Dulton Media Read More
