International

PepsiCo launches international acceleration program in Moscow

Multinational beverage and snack maker PepsiCo has announced the launch of a corporate accelerator for local and international startups in Russia. While PepsiCo LAB targets essentially food and beverages projects, its three-month program is also open to startups offering innovative solutions in the fields of CRM, human resource management, sales performance, data mining and analysis, and operation automation. …

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EBRD shareholders reject Russian challenge to funding freeze

As reported earlier this week by Bloomberg, the European Bank for Reconstruction and Development (EBRD) confirmed once again that it will not to resume operations in Russia in the foreseeable future. As the EBRD’s board met Wednesday in Cyprus, the Russian economy minister, Maxim Oreshkin, questioned the legitimacy of the 2014 decision to freeze new investment projects in Russia, arguing …

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These 10 Russian startups will be pitching at TechCrunch Disrupt next week

Skolkovo, the international tech hub under completion on the outskirts of Moscow, will bring ten of its startups to demonstrate their projects at TechCrunch Disrupt in New York on 15-17 May. The companies will be featured at the Startup & Hardware Alley on the second day of the conference, May 16. The Skolkovo startups will …

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Five international messengers banned in Russia

Last week five messengers — WeChat, BlackBerry Messenger, LINE, Imo.im and the audiovisual chat Vchat — were banned by the Russian telecom regulator Roskomnadzor after refusing to be added to the official Russian “Registry of Information-Dissemination Organizers.” The news has been reported by Roskomsvoboda, a Russian NGO that aims to “combat Internet censorship in Russia.” …

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With one-day delivery, AliExpress competes with domestic Russian e-commerce players

AliExpress, the Alibaba subsidiary which has overwhelmed the Russian e-commerce scene with cheap Chinese products, is still expanding aggressively in the country. The Chinese company, which opened its platform to Russian merchants in late 2015, has announced that domestic deliveries will be performed in just one day. At start, the one-day delivery standard will apply …

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Russian e-commerce opportunities highlighted at Global E-Commerce Summit (Barcelona, June 12-14)

From June 12 to 14 in Barcelona, the Global E-Commerce Summit (GES) will gather hundreds of participants from more 50 countries. The rich conference program (“From ‘Now’ and ‘Wow’ to ‘How’”) will explore how developing technologies, policies and business models can meet consumer expectations and shape the future of digital commerce. On Day 2 (June …

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Russian energy startups set sights on Latin America

Traditionally, Russian business in Latin America may have revolved around two products – importing bananas and flowers – but as the governments of Mexico and Ecuador open up their lucrative oil and gas industries to foreign companies, Russia’s innovative startups are hoping to win a slice of the market with their hi-tech solutions. This week, representatives of five …

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Viber’s e-commerce features to be launched in Russia in the course of this year

As instant messengers tend to integrate more e-commerce and payment functions, Viber is planning to launch in Russia in the course of this year the new commercial and payment functions which are currently being tested in the USA. The news was reported by Evgeniy Roshchupkin, Global Director of Marketing Activations at Viber, in an industry …

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Omnichannel, digital transformation, customer engagement discussed by thought leaders in major conference (London, June 20-22)

eTail Europe, a leading international industry event, will be held from 20-22 June, 2017, at the Queen Elizabeth II Conference Center in London. It will bring together the top mind of Europe’s most successful retailers to discuss the current challenges faced by the retail industries, and how they can work with ecommerce innovators to transform their …

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Mail.Ru announces $100 million global investment program in online gaming

Today Mail.ru Group, an LSE-listed Russian Internet company, announced the creation of ‘Mail.Ru Games Ventures’ (MRGV), a new division to invest in game development, technology and marketing worldwide. “Up to $100 million” is allocated to this investment program, of which $10 million has already been spent for the first deals, which have not been disclosed. The group targets “accomplished game studios …

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French Blacknut plans to expand to Russia

The French video game startup Blacknut intends to expand to Russia by the end of this year, as reported last week by Les Echos based on exchanges with Blacknut’s CEO Olivier Avaro. Blacknut offers instant access to games with no installation or dedicated hardware required. Games can be played virtually anywhere, at home or outside. The company …

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Russian developers invited to Vilnius international hackathon (apply until April 24)

Developers from Russia and other Eastern European countries are invited to a 48-hour international hackathon to develop new IT solutions for the aviation and travel industries. Hacker Games Pro: Aviation will be held at Vilnius Tech Park on April 28-30. More than 100 participants are expected. Teams will work either independently or in cooperation with …

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