The Russian online market is hotter than ever with over 50% of surveyed shoppers indicating they book more travel online than offline, according to recent studies. Historically, travel agents have been very popular for booking travel in Russia but the market has seen a major shift thanks to a number of new online options for booking travel in …
Russia’s top travel sites include both foreign and domestic sites Read More
Earlier this month HealthifyMe, which presents itself as India’s leading e-health and fitness platform, announced the completion of a $12 million series B round of funding led by Sistema Asia Fund, one of the corporate venturing vehicles of the Russian conglomerate AFK Sistema. The round also involved Silicon Valley-based Samsung NEXT, Singapore’s Atlas Asset Management and …
Russia’s Sistema Asia Fund invests in Indian startup offering “world’s first AI coach” Read More
The Russian gaming technology startup Playkey, which has asserted itself as notable player on the global cloud gaming scene, was born just five years ago out of a child’s dreams. Its founder, Egor Guriev, has been passionate about computer games since he was a schoolboy, when he saved on meals and textbooks to buy his …
From cloud to blockchain, Russian startup aims to make online gaming accessible to all Read More
It looks like Telegram’s billion-dollar ICO has reached its first milestone after the chat app company raised an initial $850 million, according to a filing. A document submitted to the SEC earlier this week states that the money was raised “for the development of the TON Blockchain, the development and maintenance of Telegram Messenger and the other purposes.” …
Telegram has raised an initial $850 million for its billion-dollar ICO Read More
Sergey Solonin, co-founder of Qiwi, a major NASDAQ-listed Russian e-payment operator, confimed that he personally invested Telegram’s ICO private presale. The Russian businessman revealed this investment informally during the Russian Investment Forum, an international business event which is taking place these days in Sochi on the Black Sea. [Update Feb. 26: Among the other Russian …
The Russian military was directly behind a “malicious” cyber-attack on Ukraine that spread globally last year, the US and Britain have said. The White House said June’s NotPetya ransomware attack caused billions of dollars in damage across Europe, Asia, and the Americas. UK Defence Secretary Gavin Williamson said Russia was “ripping up the rule book” …
UK and US blame Russia for ‘malicious’ NotPetya cyber-attack Read More
The Skolkovo Foundation, which manages the Skolkovo international tech hub on the outskirts of Moscow, signed a cooperation agreement on Wednesday with Luxinnovation, the national agency for innovation and research of Luxembourg. Skolkovo’s Yury Saprykin (left) and Luxinnovation’s Ian Cresswell sign the agreement in Moscow on Wednesday as the deputy prime ministers of Belgium, Russia …
Skolkovo signs cooperation agreement with Luxembourg Read More
Russia may block access to YouTube and Instagram after billionaire Oleg Deripaska won a court injunction against videos and photographs that showed him and Deputy Prime Minister Sergey Prikhodko relaxing on a yacht with a woman described as an escort. As reported by Bloomberg, the Russian court has ordered the removal of 14 Instagram posts and seven YouTube videos that …
Sexy ‘graft’ video may lead Russia to block Instagram, YouTube Read More
How do the local startup scenes look like in Estonia, Poland, Russia, Ukraine — but also in lesser known countries, from Bosnia-Herzegovina, to Moldova, to Georgia? How much do VCs invest these countries? Are corporations involved in these emerging ecosystems? Which are the most well-funded startups, and which younger ones should be followed? Why do so many …
Nowhere did Tuesday’s launch of SpaceX’s Falcon Heavy rocket echo as powerfully as in Russia. The private U.S. company continues to produce technical feats on which the Russian space industry has given up: First the consistent reuse of rockets, and now the successful launch of a rocket with as many as 27 engines. The Soviet Union tried something similar …
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
Russian punters will soon be able to receive their betting wins online through the Mastercard payment network. The news was reported last week by Betting Business Russia, citing Mastercard. The international operator announced that it will soon make possible domestic transactions in this field in Russia, as is already the case in a range of other countries. These …
