International

Italian luxury brand Furla launches online sales in Russia

October 17, 2016

Illustrating the continued traction of the Russian e-commerce market, Italian brand Furla launched last month an online sales channel for its Russian customers. Furla’s move comes after recent similar initiatives from other western companies such as Vans, H&M and L’Oréal Group. The Russian version of the online boutique offers a variety of luxury bags, wallets, glasses, watches, and other accessories for …

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Chronopay General Director Jeroen Smit: “The move ‘from brick to click’ has started to pick up pace in Russia and is developing fast”

October 16, 2016

Founded in 2003, ChronoPay was one of the first to enter the online payment market in Russia. In this exclusive interview, the company’s general director Jeroen Smit shared his view on the Russian e-commerce market and its appeal to international e-commerce companies. He also commented on the consequences of the legal matters which involved Chronopay’s founder Pavel …

Chronopay General Director Jeroen Smit: “The move ‘from brick to click’ has started to pick up pace in Russia and is developing fast” Read More

Chinese cross-border conference and expo (Dec. 1-2 in Shanghai)

November 25, 2016

Over the past few years, the Cross-Border Ecommerce Conference & Exhibition has become the place to be for industry players and experts operating or interested in the Chinese cross-border e-commerce scene. The 6th edition of this yearly event will take place in Shanghai on December 1-2 to highlight the latest market trends and the new issues …

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UK edtech startup receives Russian money to “bring VR and AR to chemistry education”

February 26, 2019

UK-based education service MEL Science announced today the completion of its Series A funding round with Sistema VC injecting $2.5 million in the company. MEL Science claims that its subscription service, which features nearly 40 interactive chemistry sets, is “changing science education” by “incorporating for the first time the virtual reality (VR) and augmented reality (AR) into a single …

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Yandex launches global partnership program to preinstall its apps in Android-powered devices

October 12, 2016

Yandex, the Russian search giant, is launching today a global partnership program for Android handset manufacturers and telecom operators, covering 15 countries. The move is coming as Yandex is seeking ways to get more traction in mobile, where it is loosing its leadership to Google on the Russian market. Manufacturers of Android handsets and telecom operators are …

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Russian spycraft: How the Kremlin hacked its way into a crisis

December 29, 2016

Last Friday the U.S. Intelligence Community (USIC) publicly named the Russian government for directing “the recent compromises of emails from U.S. persons and institutions, including from U.S. political organizations.” It claimed that the disclosures of hacked emails “on sites like DCLeaks.com and WikiLeaks and by the Guccifer 2.0 online persona are intended to interfere with …

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After initial success in Russia, neural network-inspired apps Artisto and Prisma become international hits

October 17, 2016

Less than two months after launch, video editing mobile app Artisto has broken into the top 5 of the App Store and Google Play in the USA for the Photo & Video category. Launched in early August by Russian Internet company Mail.ru Group and its US subsidiary My.com, the app — the first of its kind — allows users to edit …

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How countries like China and Russia are able to control the Internet

October 7, 2016

China, Iran, and others are known to regularly censor content and cut off sections of the internet. This is because, when the physical routes traffic takes are severely limited, it endangers the free flow of information the internet was supposed to provide. Researchers at Harvard attempted to identify these choke points, and determine how easily a …

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Russian online ticket service expands to Belarus and Lithuania

October 7, 2016

This summer, Russian online ticket service Kassir.ru acquired its two counterparts — Belarusian Kvitki.by and Lithuanian Bilietai.lt — from Lithuanian BLT group, Delovoy Peterburg reported last week. The transaction amounted to €5.5 million, according to the Russian newspaper. Based in Saint Petersburg, Kassir.ru is part of the PMI media holding, which is controlled by Russian billionaire Eugene Finkelstein. …

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Google celebrates Trans-Siberian Railway

March 2, 2017

Yesterday Google dedicated its daily Doodle to the 100th Anniversary of completion of the Trans-Siberian Railway, which has “helped link a nation with the world.” Russia still depends on this railway to traverse nearly 9,300 kilometers from Moscow, Europe’s largest city, to Vladivostok, which neighbors China, Korea and Japan. “In just seven days, the railway transports travelers and …

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Dubai-based home services startup MoveSouq.com raises $3 million from Russia’s AddVenture

October 6, 2016

Dubai-based online home services marketplace MoveSouq.com has managed to capture investor attention all the way from Russia. MoveSouq has closed a US$3 million Series A funding round led by AddVenture, a Russia-based global venture capital firm. This fundraising is the startup’s third round, after seed and angel rounds in 2013 and 2015. Founded by former consultants Bana Shomali and Wim …

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Samsung Pay and Apple Pay launch in Russia

February 5, 2017

Yesterday Sberbank, Russia’s national savings bank, and MasterCard announced that they have made available Apple Pay to their clients in Russia. A number of other Russian players are expected to follow. With this expansion, Apple Pay is now available in 10 countries since launching in 2014, including the US, UK, China, Australia, and Canada, notes The Verge. “Many of Sberbank clients actively use …

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