International

Baring Vostok executive Philippe Delpal moved from prison to house arrest

August 17, 2019

Yesterday a Russian court ordered to transfer French citizen Philippe Delpal to house arrest after six months spent in pre-trial detention. The decision took place just days before Russian president Vladimir Putin’s visit to France, where he is expected to meet his French counterpart Emmanuel Macron. In early April Baring Vostok’s founder, the US citizen …

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Global air ticket booking systems required to comply with Russian personal data localization law by 2021

August 16, 2019

Starting from October 31, 2021, the personal data of Russian citizens who book domestic flight tickets will have to be stored on servers located physically on Russian soil. This new requirement stems from a decree signed in late July by Prime Minister Dmitry Medvedev in application of a 2014 law on personal data storage in …

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From next-gen message encryption to epic battles “for Internet freedom,” Telegram celebrates 6th anniversary

August 17, 2019

Launched six years ago, on August 14, 2013, Telegram has already ensured its place in history as one of the biggest tech success stories from Russia. The instant messenger quickly asserted itself as one of the world’s most popular messaging systems. Users appreciate its focus on security and speed, its convenient message editing function and end-to-end encrypted …

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July 2019 in Eastern Europe: Photo app hysteria, foreign ownership restrictions, battle of Internet titans in Russia

August 15, 2019

Crunchbase and East-West Digital News are teaming up to cover key tech and venture trends from Russia and neighboring countries in Eastern Europe and Central Asia. Since January 2019, EWDN chief editor Adrien Henni has offered a monthly column to highlight the most notable industry facts and trends as well as promising tech innovations from these countries. The July review analyzes the …

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Russia’s Mail.ru Group and China’s iDreamSky form games partnership

August 8, 2019

iDreamSky Technology Holdings, a Tencent-backed Chinese video game publisher, and My.Games, the game unit of LSE-listed Mail.ru Group, announced a long-term partnership to expand their global presence.  As reported by Reuters, the two partners will work on cross publishing games in their respective domestic markets. They are currently working on bringing to China ‘War Robot,’ …

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Russian software company Abbyy acquires US process intelligence solution provider TimelinePI

August 8, 2019

Abbyy, a Moscow-headquartered global provider of content intelligence solutions and services, has acquired US process intelligence solution provider TimelinePI. This acquisition is a “strategic investment” for Abbyy, which expects to “have the most comprehensive process intelligence platform [going] beyond traditional text analytics and process mining [and achieving] true digital intelligence and Digital IQ,” commented Ulf …

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What you need to know about Facebook’s Libra, the next-coming cryptocurrency giant

August 6, 2019

In association with leading international publications, East-West Digital News presents a series of expert analysis and thought leadership pieces to shed light on global e-commerce and e-payment trends and prospects. This article by ThePaypers offers an analysis of Facebook’s Libra project, its business goals, technical background and implications for users and the payment industry.  On …

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Report: Russian digital influencer market is taking off, global brands already involved

August 15, 2019

East-West Digital News has just released an in-depth report on influencer marketing in Russia, addressing the lack of internationally-available information on the market. In its first edition, this report analyzes market trends, highlights the main players and offers practical recommendations on how to effectively manage influencer marketing campaigns in Russia. This study was conducted in …

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AliExpress to supply Chinese goods to Russian offline retail networks

July 31, 2019

AliExpress, the Chinese B2B marketplace that dominates the Russian cross-border e-commerce market, is testing its first sales to offline retail outlets. This activity could account for up to 10% of AliExpress Russia’s business, company representative Anton Panteleev told the Russian business daily Vedomosti.  The Chinese company aims to provide small and mid-sized local chains with …

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A new blow to investors’ confidence: Russian draft bill targets foreign ownership of Internet resources

September 2, 2019

This past Friday Russian lawmaker Anton Gorelkin submitted to the State Duma, the lower house of parliament, a bill targeting “significant [online] information resources” with the capacity of “collecting information on [Russian] users.”   Should their foreign ownership exceed 20%, such “information resources” will not be allowed to conduct advertising activities in Russia – an implicit way …

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Moscow tech research institute Skoltech wins major world architecture and design award

July 28, 2019

Earlier this month the Eastern Ring campus of the Skolkovo Institute of Science and Technology (Skoltech)  won the Prix Versailles Campuses Award. Endorsed by the UNESCO and the International Union of Architects, the Prix Versailles Award is a major world architecture and design award. Its judges panel is headed by Francesco Bandarin, former Assistant Director-General for …

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Russian corporate fund Sistema_VC backs UK agritech startup

July 26, 2019

Sistema_VC, one of the venture investment vehicles of Russian conglomerate Sistema, announces it has led a £3.4 million round for UK agrotech startup KisanHub. Two UK-based funds, Notion and IQ Capital also participated in the round.  KisanHub helps global food and beverage companies “manage their supply chains efficiently by connecting directly with their farmers to collect information and …

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