10tracks.ru, Russia’s first cloud music storage site, launched a few days ago, with up to 3 gigabites of storage space available free of charge. Users can listen to their music using a web player or download it onto smartphones or computers to listen to it anywhere. The mobile version is available using an Android application …
Startup from Tatarstan launches first Russian cloud music storage service Read More
Ozon.ru, a leading Russian online retailer, launched a new social commerce application on Facebook yesterday, making its entire catalog available through the social networking site, along with a number of integrative social and viral features. Users can let the app post status messages, notes, photos, and videos on their behalf or opt to keep their …
Former Mail.ru Group Executive Vice President Global Operations François Esculier has gained a seat on the Board of Directors of luxury private shopping club CollectionPrivee.ru. He recently shared with East-West Digital News his vision of the global integration of the Russian Internet, speaking his mind on the management issues domestic players faced as well as about …
François Esculier: “The global battle for digital leadership is raging in Russia.” Read More
Russia’s leading international Internet fund DST Global has begun to look at Internet companies in India for potential investment, according to Indian online investment publication VCcircle, citing “sources familiar with the development” earlier this month. DST opened its Asia office in Hong Kong earlier this year. It also invested in Chinese e-commerce leader 360buy.com and …
Is Russia set to be the next Eldorado for Western startups? As Russia emerges as a new hot spot on the global IT scene, companies have begun seeking new partners, clients and even investors. Among them is Capptain, a Paris based startup with solutions allowing mobile app and game developers to manage and serve their …
French and UK mobile startups find clients and investors in Russia Read More
Ru-Net, a major Moscow based venture fund, launched the American arm of its activity last month by establishing RTP Ventures, making its $700 million under management available to US Internet, SaaS and cloud computing companies. A few weeks earlier, the fund had participated in a $60 million round of financing – along with German based Rebate Networks …
Russian funds assert themselves on the international venture scene Read More
With more than 60 million downloads to date across all platforms, Cut The Rope is one the biggest international successes in mobile games. In March of 2011, Cut The Rope was lauded at the 7th British Academy Video Games Awards in the Hand-held game category. In June, it won an Apple Design Award for the …
Russia’s top Internet search portal Yandex, which outstrips Google on the domestic market with a 62% market share, has been ranked fifth on a global list of Internet search properties prepared by the US research firm comScore, reported news agency RIA Novosti.
DST Global, the Russian investor who already owns stakes in Facebook, Groupon, Spotify, Twitter, Zynga, and other prominent web companies, could make a bid for Yahoo jointly with US high tech fund Silver Lake and China’s e-commerce giant Alibaba Group. The news was reported yesterday by Bloomberg from “three people with direct knowledge of the matter.” …
DST, Silver Lake and Alibaba are jointly setting their sights on Yahoo Read More
Top Russian e-commerce player Ozon.ru will begin delivering its parcels directly to clients in Kazakhstan, the company confirmed to East-West Digital News. The new service will start in November 2011. Ozon.ru is setting up pick up points in Astana, the capital, and Alma-Ata, the country’s largest city and will also offer its own local delivery …
Russian programmer and businessman Valery Gasratov launched social gifting application Giftofoni last week, allowing Turkish speaking Facebook users to order gifts and organize parties. The application is derived from Welcome Gifts, Zhelannye Podarki in Russian, an application launched last year by Gasratov’s team on Odnoklassniki.ru, a leading Russian social networking site. Welcome Gifts was used by 12 …
Ambitious Russian social gifting app launched on Turkish version of Facebook Read More
DST Global, the top Russian international investor in Internet assets, and Silver Lake, a global leader in private investments in technology, announced last week their commitment to invest in Alibaba Group, a premier Chinese technology company. This is the second investment from DST this year in Chinese e-commerce. In March, the fund took part in the third …
DST and Silver Lake invest over $1.6 billion in Alibaba Group Read More
