Following a meeting this past Tuesday with shipment service providers, the Russian Federal Customs Service announced that new, simplified customs clearance procedures for e-commerce parcels will be introduced immediately. “Not only will all the problems raised by the shipment companies be solved, but electronic procedures will be introduced in the next two weeks” to make …
Berlin-based web hosting startup cloudpartner.de has raised €1.5 million from Runa Capital, a Moscow-based venture fund operating internationally. This Series A round – the terms of which have not been disclosed – will help the company provide managed services from infrastructure based entirely in Germany. With the many privacy concerns raised after the extent of the US government’s international espionage operations became known, Cloudpartner.de …
German web hosting startup Cloudpartner.de secures €1.5 million from Runa Capital Read More
Clouds are gathering in the sky of cross-border sales to Russia – a market that reached approximately $3 billion in 2013 after years of up to 100% growth. Earlier this week, DHL Express, DPD and FedEx, three international shipment providers, announced the suspension of shipments to Russian consumers, while another courier, UPS, was considering a …
Earlier this week Adzuna, an innovative job search engine based in the UK, launched a fully localized Russian version. “Russia is an exciting, dynamic market with a huge number of job seekers and great business potential. We feel job seekers in Russia are currently underserved by the employment tools (particularly data and social search tools) …
Bay.ru, a leading cross-border sales operator facilitating Russian consumers’ purchases from eBay, Amazon and other international e-commerce sites, has announced its rebranding as Dostami.ru – a name that refers to “dostavka,” the Russian term for delivery. The move reflects a new, larger positioning for the company, which originally focused on eBay. “As our middleman business …
CTC Media, a major Russian media company, has signed an agreement with KupiVIP.ru, Russia’s leading fashion flash sales site, on the joint creation of a new brand of women’s fashion items. The online brand and shop – the first of its kind on the Russian media scene – is scheduled for launch in April of …
CTC Media teams up with KupiVIP to launch new online fashion brand Read More
Competition in the saturated Russian online travel sector is fierce, and one of the main players last week took the dramatic step of a complete rebranding as it seeks to differentiate itself from its rivals. Skolkovo resident Oktogo, which was supposed to be read OK-to-go (a fact lost on many), has adopted the name Travel.ru, …
Oktogo.ru raises $5 million and switches to Travel.ru Read More
Delivery Club, a Moscow-based online food delivery service aggregator, has completed its fourth round of financing with $8 million secured from Phenomen Ventures as well as from existing investors AddVenture and Guard Capital. The startup had initially raised $400,000 in 2009, then $1 million from AddVenture and prominent Russian businessmen in 2011, then again $4 …
Delivery Club secures $8 million from Phenomen Ventures, AddVenture and Guard Capital Read More
Odnoklassniki Russia’s second largest social network, has shut down its online marketplace “Magaziny” (‘Shops’ in Russian), reports the Russian tech blog Roem.ru. The marketplace had been launched just half a year ago. The service enabled big and small merchants to promote and sell their products easily in a dedicated section of the social network. Purchases …
Social network Odnoklassniki shuts down e-commerce marketplace Read More
When I moved to Russia, I was astonished by the pervasiveness of Internet piracy. Movies, music, software, books — everything was at my fingertips, free of charge and in the language of my choice. When my Russian friends learned that I pay for a Netflix account, they burst out laughing. Why, they asked, would I pay for something that is available for free? During my time in Russia, …
eTraction, the B2B e-commerce service division of the Otto Group launched earlier this year, has supported the e-commerce launch of the brands of Melon Fashion Group, a sizeable player in the fashion retail industry with over 550 outlets in Russia and neighboring countries. The three brands of the group – Befree, Zarina, and Love Republic …
Otto Group’s eTraction helps third-party fashion brands migrate online Read More
Nebo.ru (‘sky’ in Russian), the largest Russian online jewelry store to date, has attracted a $2 million investment from Moscow-based fund AddVenture. The transaction, which terms have not been disclosed, was negotiated in October but only made public in late November. Founded in 2008, Nebo.ru claims to be the largest online retailer in its segment. …
AddVenture invests in e-store Nebo.ru and food delivery startup Chefmarket.ru Read More
