Digital services & Apps

St. Petersburg startup secures $200,000 to turn shy people into online daters

March 25, 2013

Blabroom, a resident company of the St. Petersburg-based technopark and incubator Ingria, has completed a seed stage round from Imperious Group, which has injected 6 million rubles (approximately $200,000) into the startup in exchange for a 20% stake. Blabroom’s site has been designed to help shy people establish their first contacts with other members of …

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Yandex integrates images into contextual ads on its advertising network

November 19, 2014

Yandex (NASDQ:YNDX) today has announced that clients running campaigns on the Yandex Advertising Network will be able to enhance their contextual advertisements with the addition of images. Visuals in contextual ads instantly get the message across to the viewer and drive more potential customers to advertisers’ websites.

Yandex launches Android app store, pursues ambitious mobile strategy

March 13, 2013

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.

Avito.ru, Slando.ru and OLX.ru merge to create online classifieds giant

March 12, 2013

Avito.ru, Russia’s leading classifieds site by number of users, is merging with its competitors Slando.ru and OLX.ru, creating the fifth most popular Russian website, with more than 100 million page views a day, The Financial Times reported this morning. As part of the deal, Slando and OLX will be folded into the Avito brand. The …

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Vkontakte sails past 50 million monthly visitors, gets dangerously close to Yandex and Mail.Ru Group

March 8, 2013

In January 2013, Vkontakte.ru (VK.com), attracted 50.5 million users of 12 to 64 years of age in Russia, or 47.5% of the country’s population of the same age group. The popular social network occupied third place among the Top 10 Russian websites, according to the market research company TNS. In its January report, TNS put Vkontakte right …

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Online pharmacy group Parus Invest seeks to attract $20 million

February 19, 2013

Parus Invest, a Russian e-commerce holding company focusing mainly on pharmacy products, has announced a plan to attract up to $20 million in investments, yielding up to 20% of its shares. Discussions are being held with unnamed funds, the holding’s Chairman of the Board Anton Buzdalin told last week Kommersant, a leading Russian business daily. The operation, which could take …

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Yandex announces fourth quarter and full-year 2012 financial results

November 19, 2014

Moscow and The Hague, Netherlands – Yandex (Nasdaq:YNDX), one of Europe’s largest internet companies and the leading search provider in Russia, today announced its financial results for the fourth quarter and the full year ended December 31, 2012.

Black Ocean invests $500,000 in educational e-commerce

February 19, 2013

International investor Black Ocean has put $500,000 into the Russian educational e-commerce site BimBasket, Rusbase.com reported last week. Scheduled for launch next month, the site will enable parents to subscribe to a recurring product offer – from toys to books to musical instruments – designed to instruct and entertain their infants and young children. The …

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New real estate listing site maps properties in 38 Russian cities

February 18, 2013

Two western real estate professionals, Stephen Inscoe and Carlo Walther, told East-West Digital News that they have launched an innovative real estate listing site christened ‘Idinaidi.ru’ (“Go and find” in Russian). They have received financial support from international investment firms Sorren Media and Camco Private Equity Group. After running in beta testing since mid-December, the …

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Tele2 brings soulmates together

February 14, 2013

Moscow – Tele2, a European mobile operator, has announced a launch of SMS-dating service. The new service lets Tele2 Russia clients find company and get in touch with new friends by sending short messages (SMS). In order to subscribe, Tele2 clients will only have to send a message to short code 684. The message has …

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Russia’s state supported e-card idea lowers its ambitions

November 19, 2014

The universal electronic card (UEC), an ambitious initiative signed into law in 2010 and christened by then President Medvedev of Russia as a “primary ID card” for all Russians, is no longer universal. The sweeping introduction of the card, which had been slated for early next year, is “too burdensome” for regional coffers to afford, …

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