Access Industries, a US based industrial holding with international assets owned by prominent Russian-American businessman Leonard Blavatnik, has acquired a stake in Vigoda.ru (in Russian: “Advantage”), one of Russia’s numerous local deal sites.
OZON.ru is often called the “Russian Amazon.” Is that a good analogy? Yes, we have a very similar business model. Like Amazon, we started out selling a large selection of books, then step-by-step branched out into other products. We now have 1.5 million unique products in 12 categories. We are the leader of e-commerce in …
Notebooks and tablet PCs have become more popular than desktop PCs over the past two or three years, Samsung representative Sergei Ilyushin told Kommersant, a Russian business daily. According to him, tablet computers, which entered the mass market only last year, could displace netbooks as early as 2011.
According to the Public Opinion Foundation (FOM), a leading Russian poll institute, 40% of Russian citizens (46.2 million) hold one or more bank cards, but only 5% of them use their cards for online payments. Among active cardholders the number rises to 18%.
World leading classifieds platform eBay launched its Russian-language version one year ago, in March 2010, and despite problems surrounding the launch, Russian Internet users appear to like having their own version: the number of registered users increased by 73% in its first year. In addition, Russian users have proven to be the most active buyers …
One year after launch, Russian eBay offers local classifieds Read More
Wikimart.ru closed a second round of financing with US venture fund Tiger Global partners, reported Wikimart founders Maxim Faldin and Kamil Kurmakaev yesterday to Russian business daily Vedomosti.
Mobile phone retailer Svyaznoy announced the imminent opening of a department dedicated to Android-supported devices in one of its Moscow outlets. Such departments may appear in other Svyaznoy stores in Moscow and Russian regions as well.
Yandex.Dengi, a leading Russian electronic currency operator, announced yesterday that users can now register their banking cards to make online purchases using Yandex.Dengi.
MTS, a leading Russian mobile operator and retailer, announced yesterday it will offer Foursquare check-in points at its 3,200 outlets throughout Russia, beginning in Moscow and St. Petersburg.
According MForum Analytics, Russian sales of touch screen phones increased fourfold in one year, rising from 2.94 million devices sold in 2009 to 11.93 million in 2010. At the end of 2010, touch screen phones accounted for about 30% of all phones sold in Russia, but could reach as much as 50% or more by …
Russian touch screen phone sales quadruple in 2010 Read More
Yandex.Dengi, a leading Russian electronic currency system, has announced the launch of cooperation with Sberbank, Russia’s national savings bank. Starting February 21, Yandex.Dengi accounts can be refilled at any Sberbank ATM located in Moscow and the Moscow region. The service will be available throughout Russia by the end of the year. Yandex.Dengi account holders will …
Yandex.Dengi connected to Russian national savings bank Read More
Qiwi and Visa issued a joint statement yesterday announcing the successful transfer of funds from a Qiwi online wallet (“Qiwi Koshelek”) located in Russia to a Visa card account at a Ukrainian bank.
