E-Commerce

Mail.ru Group improves user and marketing tools; new international brand introduced

In a press conference held last week, Mail.ru Group, an LSE-listed group of Internet companies whose services are used by 90% of Russia’s online users, announced a series of changes and innovations that ranged from improved usability on e-commerce sites to new social marketing tools. The group also announced the introduction of a new international …

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Yandex’s fashion aggregator attracts up to 75,000 users daily; new aggregators to be launched

Launched just one month ago, Yandex.Garderob – a special section of Yandex’s e-commerce marketplace that aggregates offers from online fashion retailers – claims it has reached a daily audience of 70,000 to 75,000 users. Considering these figures a success, Yandex intends to launch similar aggregators for other product categories such as jewelry and other lifestyle-related …

Yandex’s fashion aggregator attracts up to 75,000 users daily; new aggregators to be launched Read More

Enter.ru and E5.ru: A Westerner’s online shopping experience

I recently had an opportunity to make a personal test of Enter.ru’s shopping experience. Using their website was pretty easy, as was the process of creating an order. As is common for Russian e-commerce companies, they offer a wide range of payment and delivery options. The website even allows shoppers to enter orders without registering their …

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Atomico invests $16 million in Onetwotrip, “The most efficient, elegant and innovative travel service in the world”

Onetwotrip.com, a Russian air ticket booking site launched less than 18 months ago, announced last week that it has received a $16 million capital injection from international venture fund Atomico. The funding comes as a complement to the $9 million invested last month by Phenomen Ventures, a fund established earlier this year by Russian tech …

Atomico invests $16 million in Onetwotrip, “The most efficient, elegant and innovative travel service in the world” Read More

Midemlab contest 2013: A call to Russian startups

In partnership with East-West Digital News, Midem, the leading international b2b event dedicated to the new music and entertainment ecosystems, cordially invites Russian startups to midemlab. This major startup and app developer competition will take place in Cannes, France, from Jan. 26 to 29 of next year. If you have built a solution that will help music executives, …

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Intel Capital and Runa Capital invest $4 million in personal service aggregator Eruditor

Looking for a fitness instructor, plumber, or hairdresser? Need an appointment with a doctor or want to hire a performer? You will probably find the professional or small business you need using one of the eight service marketplaces of Eruditor, a startup that claims to have served 300,000 users since its launch in 2007. “Eruditor’s …

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KupiVip raises $12 million from Polish investor

KupiVip Holding, the owner of the largest online fashion shopping club in Russia, has raised $12 million from Warsaw-headquartered MCI Management, a multi-stage technology private equity group operating in Central and Eastern Europe. The investment will be used for various purposes, KupiVip stated, from “further development of order fulfillment capacities to business growth, with the …

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ShoppingPlus teams up with LG for Smart TV shopping

Shopping platform ShoppingPlus, a copycat of Germany’s KaufDA and a competitor of Lokata.ru on the Russian market, is experimenting with connected TV, having made its service available to users of LG’s Smart TV. Just like Lokata.ru, ShoppingPlus shows the products currently sold in stores and their prices, as well as special offers. It also lists …

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Qiwi aims to turn cash payment terminals into a ‘front office’ for online retailers

OSMP, Russia’s leading operator of cash payment terminals under the Qiwi brand, announced earlier this week a new offer for e-commerce sites. Not only can online retailers now benefit from a specially adapted interface, ads for e-commerce sites can be displayed while users complete common cash payment operations. Cash payment terminals have become popular in …

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Aurora invests $1 million in 3D interior design startup

Russian venture fund Aurora Venture Capital has invested 30 million rubles, or a little less than $1 million, in Apartama.ru, a Moscow-based online retailer of furniture, house appliances and interior design items. The deal was reported yesterday by Russian news agency RIA Novosti, citing Aurora’s Managing partner Vsevolod Topolyansky. The terms of the transacton were …

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New certification service aims to make online shopping safer

While users’ lack of trust remains a major obstacle to the development of e-commerce in Russia, a notable initiative to certify e-shops was announced last month. Trusted Service (in Russian: “Nadezhnaya Pokupka”), a newly established Russian company, has started certifying the reliability of e-commerce sites. Trusted Service didn’t start from scratch. Having received €500,000 in …

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Delivery Club raises $4 million from Addventure

Moscow-based online food ordering company Delivery Club announced last week it has completed a $4 million second round of financing from its existing investor Addventure, a major Russian venture fund.  The funds  will be invested in regional and global expansion, the startup stated, targeting Central and Eastern European countries. Delivery Club claims it currently processes …

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