Digital services & Apps

Russian search engines remove “extremist” Instagram, Facebook, independent media results

April 19, 2022

Two of Russia’s largest search engines have removed results for Facebook, Instagram and several independent news websites after authorities blocked or declared them “extremist.” Meduza, Mediazona, Deutsche Welle, Current Time, Kholod, The Insider and other news outlets that have been providing independent coverage of Russia’s invasion of Ukraine were also removed from search results. Yandex …

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Food delivery service Broniboy lands 500 million rubles from major farming commodities group

April 11, 2022

In late March Russian delivery service Broniboy received the first tranche of a 500 million ruble capital injection (some $6.25 million at the pre-war level). The funding is provided by Krasnodarzernoprodukt, a major supplier of farming commodities and services. The terms of the deal were not disclosed. While serving 17 Russian cities, Broniboy is the …

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Yandex delivery and mobility activities stopped or threatened in US, UK, France, Latvia, Estonia

April 4, 2022

Yandex, the Russian digital giant whose Nasdaq stock trading has been suspended since Feb. 28, laid off over two dozen US-based workers last month, reported The Verge.  Yandex had been operating a small fleet of driverless cars in Ann Arbor, Michigan. Yandex said the vehicle licenses were suspended by the state authorities — which Michigan denies. …

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Naspers’ OLX no longer involved in operations of Russian subsidiary Avito

April 1, 2022

Avito, Russia’s leading classifieds platform (a subsidiary of OLX Group, owned by Naspers affiliate Prosus), will operate as an independent Russian business,  “We can confirm OLX Group has taken a decision to cease all involvement in its Russian operations. The separation process is underway which will decouple the companies into two independent entities. Avito will operate …

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Caught between Russia’s censorship and West’s sanctions, Yandex seeks to sell assets

March 21, 2022

Yandex, the Russian online search giant — also running a variety of other digital services — is exploring different “strategic options, including disvestment, for its news aggregation service and infotainment platform Zen.” The company stated Friday it intended to “focus on developing its other technology-related businesses and products (including search, advertising, self-driving and cloud) and transactional services (including ride-hailing, e-commerce, …

Caught between Russia’s censorship and West’s sanctions, Yandex seeks to sell assets Read More

Russia’s App Store lost nearly 7,000 apps since its invasion of Ukraine, but some Big Tech apps remain

March 17, 2022

The Russian App Store has lost 6,982 mobile apps since the start of the Ukraine invasion, as numerous companies have now pulled their apps and games from Apple’s iPhone and iPad App Stores in the country, according to data shared with TechCrunch by app intelligence firm Sensor Tower. To date, those apps had been downloaded around …

Russia’s App Store lost nearly 7,000 apps since its invasion of Ukraine, but some Big Tech apps remain Read More

Yandex top executive quits after surprise EU sanctions

March 19, 2022

The head of Russia’s top technology firm Yandex quit late Tuesday after being slapped with EU sanctions in response to Moscow’s invasion of Ukraine. Brussels hit Yandex executive director and deputy CEO Tigran Khudaverdyan with an asset freeze and travel ban earlier in the day, citing the firm’s role in “hiding information” from the Russian …

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Russia bans Facebook, BBC, Voice of America; Twitter and YouTube could be next

March 5, 2022

As it seeks to control the narrative about its war in Ukraine, Russia blocked access to Facebook today.  The Internet regulator Roskomnadzor justified its decision by alleged discriminations against Russian media and information resources. No fewer than 26 such cases have been recorded since October 2020, according to Roskomnadzor. The most recent cases concerned the Facebook accounts …

Russia bans Facebook, BBC, Voice of America; Twitter and YouTube could be next Read More

After Nasdaq stock suspension, Yandex could default on $1.25 billion convertible notes

March 5, 2022

Yandex, arguably the most successful and emblematic Russian digital company over the past 25 years, could default in a matter of days. The company warned about this risk today even though none of its entities, main shareholders, directors or managers have been targeted by western sanctions.  The threat originates in the fact that, this past Monday, the …

After Nasdaq stock suspension, Yandex could default on $1.25 billion convertible notes Read More

Yandex eyes $6.5 billion revenue in 2022, sharp e-commerce growth

February 18, 2022

Russian internet giant Yandex on Tuesday reported a sharp drop in adjusted annual net profit, but said total revenue could surge this year to around $6.5 billion, driven in part by high turnover growth in e-commerce. Yandex’s core advertising business, which accounted for 47% of total revenue in the fourth quarter of 2021, suffered during the …

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A Google doodle for the Russian State Historical Museum

February 9, 2022

Today’s Google doodle is an image of the Russian State Historical Museum, one of Russia’s oldest and most revered collections of Russian culture and history. It commemorates the museum’s 150th anniversary celebrated on Wednesday.   The doodle was created by Russian-guest artist and Muscovite Toma Vagner. “I would like my doodle to serve as a reminder of this beautiful …

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Booking.com to pay 1.3 billion ruble fine over abuse of dominant position

February 8, 2022

On Monday, Jan. 31, a Moscow court rejected Booking.com’s appeal against a 1.3 billion ruble fine ($17 million at the current exchange rate) in relation with alleged violation of the antimonopoly legislation. While expressing its “disappointment” with the ruling, Booking.com said it intends to pay the fine. The company does not rule out “further legal …

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