Retail

Click-and-mortar concepts gain traction among Russian retailers

May 2, 2012

M.Video, a leading consumer electronics retailer, will open a network of outlets in Russian cities of less than 150,000 inhabitants, Telecom Daily reported last week. The limited-surface outlets will extend their restricted on-site assortment through POS electronic terminals that provide local customers with access to the retailer’s full catalog. The first outlet of this type …

Click-and-mortar concepts gain traction among Russian retailers Read More

German inspired Lokata.ru helps Russian consumers search online and buy offline

April 13, 2012

Fast Lane Ventures has partnered with Bonial International Group, a German company specializing in location-based shopping information services, to launch Lokata.ru, one of the first services of this kind in Russia. Lokata is an online and mobile service providing shoppers with the information needed to make smart shopping decisions prior to them even entering the …

German inspired Lokata.ru helps Russian consumers search online and buy offline Read More

Dreaming of an overseas vacation? Need new furniture? Check out phone retailer Svyaznoy

February 27, 2012

In a bid to diversify and assert itself on the fast growing Russian e-commerce market, major mobile retailer Svyaznoy is now catering to travelers and selling furniture and jewelry online. Its most recent project, one the company positions as a ‘travel hypermarket’, Svyaznoy Travel, aims to incorporate both online and offline formats for all travel …

Dreaming of an overseas vacation? Need new furniture? Check out phone retailer Svyaznoy Read More

Svyaznoy seeks alternatives to IPO

January 25, 2012

Russia’s second largest mobile device retailer Svyaznoy is considering selling between 20 and 30% of its shares in a private equity deal, Russian business daily Kommersant reported. Maxim Nogotkov, the company’s main shareholder, confirmed that Deutsche Bank and Raiffeisenbank received a mandate to find an investor, but declined to disclose the value of their proposed …

Svyaznoy seeks alternatives to IPO Read More

Vkontakte.ru still blacklisted by US government for piracy

December 23, 2011

The Office of the United States Trade Representative has made public a new edition of its Notorious Markets List earlier this week, identifying  “selected markets, including ones on the Internet, that are reportedly engaged in piracy and counterfeiting” across the globe. Specifically, the blacklist enlarges upon the geographical origin and the dubious commercial nature of marketplaces …

Vkontakte.ru still blacklisted by US government for piracy Read More

Svyaznoy launches in-house TV network

December 20, 2011

Last week, major Russian mobile phone retailer Svyaznoy announced the launch of an in-house TV network. ‘Svyaznoy TV’ offers news, reports, and reviews of the retailer’s products and services as well as entertainment, corporate information, and advertising from Svyaznoy’s partners. Svyaznoy TV is currently featured in more than 900 stores across Russia, with an expected …

Svyaznoy launches in-house TV network Read More

Offline e-commerce terminals to be deployed in Russian regions

October 5, 2011

The Agency for Advanced Information Technologies (APIT), a Russian group of IT consulting and hardware retail companies, has announced its intention to deploy touch screen terminals throughout the country allowing local consumers without an Internet connection to order goods and services from selected Russian e-commerce sites.

Major retailers switching to all digital distribution for software, music and video

September 27, 2011

M.Video, a leading Russian consumer electronics retailer, announced last week its intention to switch from physical to digital distribution of its range of software, music and movies. The company believes that it makes less commercial sense to sell software, music and movies ‘in boxes’, when it is easier for consumers to simply download them.

Russian smartphone market to exceed $2 billion in 2011, Samsung on the rise

August 15, 2011

According to Svyaznoy, a major mobile retailer, the Russian smartphone market expanded by a whopping 78% in the first six months of 2011, reaching an estimated value of 30.7 billion rubles, or $1.1 billion. Sales for the period reached 2.8 million devices – a figure confirmed by MTS, a leading mobile operator and retailer – up …

Russian smartphone market to exceed $2 billion in 2011, Samsung on the rise Read More

Personal data law comes into full force, Medvedev signs more restrictive amendments

February 15, 2017

Last week, President Medvedev signed certain amendments to the Russian law on personal data, which hardened the legal obligations on all organizations – both corporate and state sector – dealing with personal data. Although the law was voted by the Russian parliament in 2006 – one year after Russia ratified the Council of Europe’s 1981 Strasbourg …

Personal data law comes into full force, Medvedev signs more restrictive amendments Read More

Russian photo service company backed by Nordic and Belgian investors

July 25, 2011

The CapMan Russia fund, in collaboration with Belgian investment company Gimv NV, announced last week it has provided an undisclosed amount of growth capital to Expert Photo, a leading provider of online and offline photo related services in Russia.

Scroll to Top

This site is under maintenance. Sorry for the inconvenience.

This site is under maintenance. Sorry for the inconvenience.