Mobile Commerce

Brilliant mobile payment startup raises $8 million but faces many unknowns

uBank, a mobile payment startup launched in late 2011, announced earlier this week an $8 million capital injection – its first round of funding – from Runa Capital, a Moscow-based venture fund that operates internationally. uBank’s valuation has not been disclosed, but its CMO Evgeniy Kozlov told East-West Digital News that the founders have kept a …

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E-Commercefacts.com to cover Russian online retail scene with East-West Digital News

Woerden, the Netherlands, and Moscow, Russia – As cross-border sales to Russia already amount to several billion dollars per year, E-Commerce Facts, a leading European resource on e-commerce, and East-West Digital News, the first international resource on Russian digital industries, are teaming up to provide international audiences with full coverage of the fast-growing Russian e-commerce …

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Russian Railways get into mobile commerce

RZD, the Russian state-owned railways monopoly, has just launched a free mobile app offering train schedules and allowing travelers to purchase electronic tickets. A click-to-call function allows users to reach the company’s call center easily. In contrast with the appalling usability of the company’s website, RZD’s mobile app, which we tested, is quite convenient. A few …

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