MTS, a leading Russian telecom operator, announced earlier this month that it increased its stake in Ozon Holdings, one of the most established Russian e-commerce companies. The operator now own 16.7% of Ozon, up from 13.7% previously, following “a series of transactions with minority shareholders.” MTS invested in Ozon in April 2014, acquiring a 10.8% …
Last week Mail.Ru Group, the LSE-listed Russian Internet giant, announced that it acquired a majority stake —51% — in Russian mobile games developer Bit.Games. The amount of the deal has not been disclosed. Mail.Ru Group said it will provide the team with access to all of its resources, including development, analytics and marketing, “to fuel …
Mail.Ru Group takes control of mobile game developer Bit.Games Read More
Listen to the audio version of this article: EU, Turkish and Israeli startups raised a record €25 billion in 2017 – up €8.6 billion (+52.4%) from 2016, which was also a record year increase. These and other key numbers and trends are revealed in “Next Station: Europe,” a new industry report published by Tech.eu with support …
Far behind the US, well ahead of Russia: Europe’s VC market reaches new heights Read More
On Wednesday YouScan, a social media software startup with Ukrainian and Russian roots, announced the acquisition of BrandSpotter, a leading social media monitoring service in Russian-speaking countries. The parties did not specify the amount of the deal, but announced that the BrandSpotter technology and trademark have been transfered to YouScan. YouScan helps businesses monitor, analyze and compare …
Ukrainian-Russian startup YouScan acquires BrandSpotter Read More
Grishin Robotics, an international venture fund with Russian roots, was among the investors in Ring, a global manufacturer of home security products which has just been acquired by Amazon at a $1 billion valuation. The Ring devices, which provide “smart security at every corner,” can integrate with Amazon’s voice-controlled assistant Alexa — and there’s a potential …
“Next years promise to be no less interesting,” says Grishin after Ring’s $1 billion deal Read More
Last week MTS, a leading Russian mobile operator, announced the acquisition of a 100% share in Ticketland.ru and a 78.2% share in Ponominalu.ru, two leading event ticket operators in the Russian market. MTS says it expects to establish itself as a leading ticket operator in Russia. The deal “will allow the company to broaden its …
MTS acquires two event ticketing companies, aims for market leadership Read More
Yandex, the NASDAQ-listed Russian search giant, and Uber announced today the completion of the merger of their respective ride-sharing and food delivery businesses in Russia and neighboring countries. The deal, announced in July last year, was approved by the Russian antimonopoly authority in November. At closing, Uber invested $225 million and Yandex invested $100 million …
Yandex and Uber complete merger in Russia and neighboring countries Read More
The beginning of this year saw major moves on the Russian eSports scene, a sizable European market with established players operating globally. Thus, last week Mail.Ru Group — an LSE-listed Internet company which controls the largest Russian-language social networks and a range of online gaming companies — announced the full acquisition of ESforce. This company, …
2 acquisitions and 1 ICO: the Russian eSports market is heating up Read More
Last week MTS, a leading Russian mobile operator, announced the acquisition of Praliss Enterprises, the parent company of Gambit Esports, for an undisclosed amount. Gambit Esports has four teams (16 players in total) participating in the most popular cyber game disciplines: Counter-Strike: Global Offensive (CS:GO), League of Legends (LoL), Dota 2 and FIFA. Gambit Esports teams have repeatedly earned …
Yandex.Taxi — the taxi service of Yandex which is in the process of merging its activities with Uber in Russia and neighboring countries — intends to group the food deliver services under its control in a dedicated subsidiary, ‘Yandex.Eda.’ The new company will be part of the holding structure which will be formed as the result of …
Yandex.Taxi and Uber.EATS launch dedicated food delivery subsidiary Read More
Yandex.Taxi — the taxi service of Yandex which is preparing to merge its activities with Uber in Russia and neighboring countries — has acquired food delivery service Foodfox. The two companies declined to comment officially on the deal, but an unnamed internal source at Yandex.Taxi told RBC, a major Russian business publication, that the taxi hailing service …
Yandex.Taxi acquires food delivery service Foodfox Read More
Illustrating the growing interest of Russian corporations in online education, Severgroup, a group of companies controlled by steel magnate Alexey Mordashov, has just acquired a 40% stake in Netology Group. The shares were sold by previous Netology investors, the Russian funds Buran Venture Capital and InVenture Partners, which fully exited the company. The financial terms of the deal have not …
Russian billionaire invests more than $20 million in online education platform Read More
