Digital services & Apps

A Russian video interview service hopes to shake up the HR market

March 17, 2016

According to the research company Bersin, the international market for interactive instruments used to evaluate job seekers is estimated to be worth $2 billion a year. The market recently welcomed the arrival of a new member, Skillaz, created by a former Kaspersky Lab collaborator, Andrei Krylov, and Grigory Dudash, a former employee of Nival, which is the company behind …

A Russian video interview service hopes to shake up the HR market Read More

Google loses anti-monopoly appeal in Russia over ‘obligatory’ pre-installation of Android apps

March 15, 2016

Google has been dealt a blow in its ongoing battle with European regulators — the Internet giant has lost its anti-monopoly appeal in Russia. The Moscow Arbitration court has upheld a previous ruling from the Federal Antimonopoly Service (FAS) that found Google had abused its dominant market position and broken anti-competition legislation. The crux of the complaint …

Google loses anti-monopoly appeal in Russia over ‘obligatory’ pre-installation of Android apps Read More

Uber to limit Moscow service to licensed cars and share data with city authorities

March 2, 2017

Uber  has agreed to limit its service in Moscow to drivers with a transportation license, Bloomberg reported yesterday. The company said it will also share traffic data with city officials, as well as the number of drivers using the app each month. Moscow’s transportation department had previously planned to ask police and a judge to …

Uber to limit Moscow service to licensed cars and share data with city authorities Read More

Mail.ru Group completes sale of HeadHunter; Goldman Sachs said to be among new shareholders

March 14, 2016

Mail.ru Group, a leading LSE-listed Russian Internet group, has completed at last the sale of HeadHunter (hh.ru) to a consortium of investors led by Elbrus Capital. Russian business daily Vedomosti learned from unnamed sources that Goldman Sachs was part of the consortium, but the bank declined to confirm this information. The transaction, which is worth a …

Mail.ru Group completes sale of HeadHunter; Goldman Sachs said to be among new shareholders Read More

Russian medical appointment startup secures $4 million from local fund

March 9, 2016

Moscow based fund Guard Capital has invested $4 million in DocDoc.ru, a startup that helps users find doctors and setup medical appointments across 15 Russian cities. The terms of the transactions have not been disclosed, but in an exchange with Rusbase.com, Guard Capital Investment Director Vladimir Grigorashenko indicated that the last tranche of the investment had been provided in …

Russian medical appointment startup secures $4 million from local fund Read More

How Telegram became the Durov brothers’ weapon against surveillance

March 4, 2016

Speaking at the Mobile World Congress in Barcelona in late February, Pavel Durov looked like a man in control. Dressed all in black — a nod to the character of Neo in the film The Matrix — Durov strode across the stage assertively. Like Neo, he was a programmer on a mission. Durov had come to Barcelona to announce that Telegram, the encrypted messaging service, had gathered 100 million monthly users and was gaining an impressive 350,000 …

How Telegram became the Durov brothers’ weapon against surveillance Read More

Mail.ru overtakes Yandex as most valuable Russian Internet company

March 1, 2016

Russian Internet giant Mail.ru Group has topped a ranking of the most valuable companies operating in the Russian Internet segment for the first time, according to a rating released by the Russian version of Forbes magazine Monday. Mail.ru Group includes the mail.ru portal as well as the Vkontakte and Odnoklassniki social networks, and managed to …

Mail.ru overtakes Yandex as most valuable Russian Internet company Read More

Messaging app Telegram passes 100 million monthly active users “with zero marketing budget”

February 24, 2016

Telegram, a messaging app launched by Pavel Durov less than three years ago, has passed 100 million monthly active users (MAUs), the company announced yesterday. Revealing the figure during a keynote at Mobile World Congress (MWC) in Barcelona, Durov also said that the service is now signing up 350,000 new users each day. Telegram users in 200 countries send 15 billion …

Messaging app Telegram passes 100 million monthly active users “with zero marketing budget” Read More

Yandex announces Q4 and FY 2015 results

February 16, 2016

Today Yandex, the Russian Internet search giant which is listed on the NASDAQ, announced its unaudited financial results for the fourth quarter and the full year ended December 31, 2015. The key financial indicators (1)(2) look as follows: Yandex financial results Q4 and FY 2015 Commenting on the FY 2015 results, CEO Arkady Volozh stated: …

Yandex announces Q4 and FY 2015 results Read More

After Magomedov and Usmanov, Russian billionaire Mikhail Fridman invests in Uber

June 9, 2020

International investment group LetterOne (L1) has just announced that it has made a “strategic investment”of $200 million in Uber. Mikhail Fridman, the chairman of the group, is the third Russian billionaire in a row to invest in the US company, following the moves of Ziyavudin Magomedov and Alisher Usmanov last year. “I’m excited by our strategic partnership with …

After Magomedov and Usmanov, Russian billionaire Mikhail Fridman invests in Uber Read More

Polish PE firm injects $2 million in Russian online travel agency Oktogo

February 9, 2016

Oktogo, a major Russian online travel agency and content portal, has secured $2 million from MCI Management, one the most established private equity group in emerging Europe. The deal was revealed yesterday by Russian business daily Vedomosti based on exchanges with Oktogo’s CEO Marina Kolesnik and an MCI representative. The funds will be used to develop Oktogo’s activities on the domestic …

Polish PE firm injects $2 million in Russian online travel agency Oktogo Read More

Scroll to Top

This site is under maintenance. Sorry for the inconvenience.

This site is under maintenance. Sorry for the inconvenience.