International

Russian-born social commerce major Ecwid sold to Canadian Lightspeed for $500 million

June 9, 2021

After Veeam Software, Wrike and Magic Lab — to cite just a few recent examples — this is yet another happy exit for a Russian entrepreneur established in the West. Ecwid, a Russian-rooted provider of social commerce solutions for small businesses, is in the process of being acquired by Canadian Lightspeed. This Toronto-listed online and offline retail software major says it is buying …

Russian-born social commerce major Ecwid sold to Canadian Lightspeed for $500 million Read More

Russian service marketplace Eruditor secures $22 million venture loan to go global

June 9, 2021

Last week two large financial institutions announced a 1.6 billion ruble ($22 million) investment in Eruditor, a group of online platforms for small businesses and freelancers providing home and local services.   The funding is provided jointly by the Russian-Chinese Investment Fund, a vehicle created by Russia’s sovereign wealth fund RDIF and the Chinese Investment Corporation, and …

Russian service marketplace Eruditor secures $22 million venture loan to go global Read More

Russia may be cut off from SWIFT as part of West’s “spiral of sanctions,” warns foreign ministry

June 7, 2021

Russian banks may be blocked from using SWIFT, a payment system that enables reliable and secure financial transactions, as part of restrictions against Moscow, in what one official has called a potential “spiral of sanctions.” “It’s no secret that there are threats, primarily from the United States, to disconnect Russia from the SWIFT system,” said Dmitry …

Russia may be cut off from SWIFT as part of West’s “spiral of sanctions,” warns foreign ministry Read More

How a Russian ‘marketing agency’ offered money to Western bloggers to spread fake news about the Pfizer vaccine

June 4, 2021

Last month, a handful of journalists and bloggers in France and Germany tweeted screenshots of emails from managers at some kind of marketing agency asking them to share information about higher mortality rates in patients immunized with Pfizer’s coronavirus vaccine relative to other vaccines. As reporters learned that the agency is based in Moscow, French …

How a Russian ‘marketing agency’ offered money to Western bloggers to spread fake news about the Pfizer vaccine Read More

AliExpress now helps Russian brands sell globally

June 1, 2021

Bringing its contribution to Russia’s emerging outbound cross-border sales, AliExpress Russia announced today the launch of Ruzania, a section of its international platform reserved for select Russian sellers. The first offers come from Maskbro (wooden toys), Bossa Nova and Lucky Child (children’s apparel). Items from these Russian brands can be purchased “not only by Russian-speaking users, but …

AliExpress now helps Russian brands sell globally Read More

A Russian-founded startup from California attracts $20 million to help businesses create bots easily

June 2, 2021

A young Californian startup created by four Russians could well become one of tomorrow’s leaders in robotics automation. Two years after inception, it has just raised $20 million from international investors — with a valuation exceeding $100 million, according to Forbes Russia. Thanks to ElectroNeek’s robotic process automation platform, businesses can now create more easily digital workforce and personal assistants. As reported …

A Russian-founded startup from California attracts $20 million to help businesses create bots easily Read More

Netflix acquires rights to Russia’s cult ‘Brat’ films

June 4, 2021

Netflix, the world’s largest streaming platform, has bought the rights to Russia’s “Brother” (“Brat”) films and will make them available from June 1.  The “Brother” series are Russian neo-noir crime dramas written and directed by Alexei Balabanov in 1997 and 2000. The series tells a story of Danila Bogrov, who has just returned from fighting …

Netflix acquires rights to Russia’s cult ‘Brat’ films Read More

Moscow online event on smart cities attended by 193,000 people from around the world

May 28, 2021

No less than 193,000 people attended virtually the first edition of Smart Cities Moscow, an international online forum which took place earlier this week in Moscow. Eighty-six speakers from Russia, China, Switzerland, Canada, Spain, the United States, Sweden and other countries shared their views, offering fascinating insights about smart city developments across the world. “A …

Moscow online event on smart cities attended by 193,000 people from around the world Read More

Facebook accuses Russia of spreading disinformation

May 27, 2021

Facebook said Russia and Iran are the internet’s leading spreaders of disinformation aimed at manipulating public opinion in a report published Thursday.  Facebook researchers linked most of Russian operations to the Internet Research Agency, a St. Petersburg-based troll factory that was also blamed by the U.S. intelligence community for 2016 election interference.  “Facebook’s broader security strategy against …

Facebook accuses Russia of spreading disinformation Read More

From Russian village to Silicon Valley: How Alexander Agapitov built a $3 billion in-game payments company

May 27, 2021

A world-renowned company in the game and payment industries, Xsolla could be worth $3 billion, according to research from Goldman Sachs and Bank of America.  This company was founded back 15 years ago in the city of Perm, 680 miles east of Moscow. Today it has offices in the USA, Russia and South Korea. In 2020, it …

From Russian village to Silicon Valley: How Alexander Agapitov built a $3 billion in-game payments company Read More

Online video leader IVI raises $250 million from state and private investors, keeps western IPO potential

October 7, 2021

Russian online video major IVI (ivi.ru) announced today a $250 million funding round involving top state and private investors. This is one of the biggest deals of the past years on the Russian tech scene, and an all-time record in the online video segment.   The consortium of investors includes several big names, combining two major …

Online video leader IVI raises $250 million from state and private investors, keeps western IPO potential Read More

Scroll to Top

This site is under maintenance. Sorry for the inconvenience.

This site is under maintenance. Sorry for the inconvenience.