Delivery Club, a food delivery service owned by the Mail.Ru Group, has launched a new outdoor advertising campaign in Moscow, papering streets, subway cars, and train stations with posters that show couriers smiling beneath descriptions of their other careers and personal lives. The ads have been a laughing stock on social media because the delivery people working …
Yesterday Moscow-based HeadHunter Group, a leading online job recruitment platform in Russia, raised $220 million on the NASDAQ by offering 16.3 million American Depository Receipts (ADRs) at $13.50, the upper range of the price guidance. At the close of the first day, HeadHunter Group raised its market capitalization to $787.5 million as the price for its …
One year after Russian authorities decided to block it, the instant messenger Telegram continues to be widely accessible from Russia. Almost half of Telegram users in Russia do need to use VPNs to access the service, according to Telegram Analytics; but the number of daily users of the service in Russia grew from 3.7 million …
One year after ban, Telegram still accessible from Russia with growing audience Read More
CarFix, an online-to-offline auto repair and maintenance platform, has announced the “temporary suspension” of its activity. “The car service digital revolution is postponed,” the company’s website says, while promising that the service “will soon come back with a first-class product.” Launched in 2016, the platform initially raised €1 million from Oskar Hartmann, a young German entrepreneur who …
Backed by Western investors, a Russian car repair platform “temporarily suspends” activity Read More
Sberbank, the giant state-controlled financial institution, announced yesterday the full acquisition of digital job search service group Rabota.ru. The terms of the deal – which is expected to be closed in May 2019 – have not been disclosed. Sberbank intends to “create an ambitious player on the market based on the existing company.” While the service …
Sberbank acquires major Russian digital job search service Read More
Instamart, a Moscow-based startup that organizes food deliveries from offline retail outlets, raised 500 million rubles (approximately $7.6 million at the current exchange rate). As reported by VC.RU, the deal, which took place last month, valued the company at 1.8 billion rubles (around $27.5 million). The money was brought in by Mail.Ru Group, Sberbank top …
Food delivery startup attracts $7.6 million from Mail.Ru Group and top businessmen Read More
Russia’s car sharing market grew fivefold in 2018, reaching some 7 billon rubles (approximately $110 million), according to Sberbank, a major state-controlled financial institution. Total spending amounted to 1 billion rubles (roughly $15 million) in January 2019, up 5% from December 2018. In 2018, users spent a monthly average of 3,467 rub. ($55) , each …
Report: Monthly car sharing spending exceeds $15 million in Russia Read More
The Russian telemedicine market is expected to grow to some 90 billion rubles (approximately $1.4 billion), or 2.8% of the entire healthcare market, by 2030. As new prospects have been opened by a new legal framework, leading Russian companies and investors – including Mail.Ru Group, RDIF, Sberbank, Skolkovo and Yandex, to name just a few …
Vladimir Gurdus: “Artificial intelligence could well become your future practitioner” Read More
Yandex, the NADSDAQ-listed Russian search giant, has acquired online Q&A service TheQuestion with a plan to merge it with an analog in-house service. Neither the amount nor other details of the transaction have been disclosed. Founded in 2014 by Russian journalist Tonya Samsonova, TheQuestion attracted equity funding from individual investors in 2016. The service has generated …
AllRight.io, an e-learning startup with Ukrainian and Russian roots, has just secured $1.5 million in a funding round led by Buran Venture Capital. Founded in 2017, AllRight provides childrens aged 4-12 with courses of English as a foreign language. The startup claims to serve more than 1,700 active users monthly, essentially from Russia, with 150 …
Ukrainian-Russian startup raises $1.5 million to teach English to Polish and Spanish kids Read More
Five year after Russia took control of the peninsula, the sovereignty dispute between Russia and Ukraine over Crimea is still sensitive for online service providers. Thus, in an effort to comply with local laws regarding the depiction of international borders, Google has just “corrected an error that caused a small number of Russian iOS users” to …
Just before Russia’s most recent presidential elections in 2018, several fundamental changes were made to the country’s election laws. Absentee ballots were replaced with the so-called Mobile Voter system, which allowed voters to switch precincts ahead of the election either online or in person. Both election observers and opposition politicians immediately criticized the new system. Less than one year later, Russian …
