Yesterday Mail.ru Group, a leading, LSE-listed Russian Internet Group, released its annual report for 2014 and provided the final audited segment financial information for the year ended 31 December 2014 and preliminary revenue update for Q1 2015. The group’s aggregate segment revenue amounted to 35.78 billion rubles in 2014 with EBITDA at 18.3 billion rubles and …
Mail.Ru Group Limited (LSE: MAIL, hereinafter referred as “the Company” or “the Group”), one of the largest companies in the Russian-speaking Internet market, today provides the following preliminary unaudited segment financial information and key operating highlights for the full year ended 31 December 2014.
Moscow and Amsterdam – Yandex (NASDAQ: YNDX), one of Europe’s largest internet companies and the leading search provider in Russia, today announced its financial results for the fourth quarter and the full year ended December 31, 2014. “The company performed well in the fourth quarter and demonstrated another full year of excellent results, despite the difficult …
Yandex announces fourth quarter and full-year 2014 financial results Read More
Illustrating the relative resilience of the Russian e-commerce market amid the current economic turmoil, leading flash sales platform KupiVIP.ru reported a 44% revenue increase year-on-year in Q4 2014. The company attributes this growth to consumers switching from traditional and online retail to discount-based sites. Sales also grew due to the development of the site’s cross-border …
KupiVIP.ru close to break-even, reports 44% year-on-year sales growth in Q4 2014 Read More
Amsterdam and Moscow – Yandex (Nasdaq:YNDX), one of Europe’s largest internet companies and the leading search provider in Russia, today announced its financial results for the third quarter ended September 30, 2014. “Q3 was another strong quarter notable for an acceleration in growth of our owned and operated properties and excellent cost control,” said Arkady Volozh, …
Internet clothes and shoes store Lamoda chocked up losses last year, according to the IPO prospectus of business incubator Rocket Internet. In spite of the fact that its revenue more than doubled, its net loss was 1.7 billion rubles (approximately $53.4 million). These figures had not been disclosed previously. According to the prospectus, Lamoda had …
Last week Trivon AG, which does business through its subsidiaries under the Virgin Connect brand in Russia, confirmed its commitment to doing business in Russia and unveiled its latest results during the official opening of its new Nizhny Novgorod regional headquarters. Speaking to regional and local government officials, key customers and members of the press, Istvan Kovacs, …
Play’s turnover increased from 23 million Rubles in 2012 to 259 million Rubles in 2013, growing 11-fold in value and 14-fold in purchasing volume. By the beginning of 2014, the company’s monthly customer base comprised 100,000 premium users, half of whom were regular customers. The total number of service users exceeded 500,000 people and more than …
Online video service Play announces more than 100,000 premium users Read More
Moscow, Russia – QIWI plc, (Nasdaq:QIWI) today announced results for the fourth-quarter and year ended December 31, 2013. Fourth-Quarter Adjusted Net Revenue increased 35% to RUB 1,700 million and Adjusted Net Profit increased 33% to RUB 567 Million or RUB 10.69 per share. Full-Year 2013 Adjusted Net Revenue increased 48% to RUB 6,168 Million and Adjusted Net …
Yandex, the NASDAQ-listed Russian search giant, announced yesterday its financial results for the fourth quarter and the full year that ended December 31, 2013: the company’s revenue jumped to 39.5 billion rubles ($1.2069 billion), up 37% from the previous year. On a like-for-like basis, the year-on-year growth actually attained 39% when tallied without Yandex.Money, the …
Mail.Ru Group Limited (LSE: MAIL, hereinafter referred as “the Company” or “the Group”), one of the largest Internet companies in the high-growth Russian-speaking Internet market, today provides the following preliminary unaudited segment financial information and key operating highlights for the full year ended 31 December 2013.
The OZON Group, comprised of OZON.ru, O-Courier, OZON.travel, Sapato.ru and eSolutions, has today announced its financial results for the fiscal year ending December 31, 2012. The company reached $492 million GMV [1] and $250 million net sales, growing by 67% and 55% respectively from the previous year. The announcement highlights the significant growth in revenue of …
OZON Group reached $492 million GMV and $250 million net sales in 2012 Read More
