Internet

The Spring of Russian E-Commerce: An Exclusive Global Perspectives Series

March 19, 2012 March 19, 2012

In light of the fast development of e-commerce in Russia, this spring East-West Digital News and its partners are offering an exclusive series of articles and interviews with fascinating insights into this market, one that’s still little known among most foreign players. Starting with an interview with Travelmenu.ru’s new CEO Katrin Buckenmaier, the series is made …

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Travelmenu CEO Katrin Buckenmaier: “The Russian online outbound travel market is expected to grow ten-fold by 2015”

March 19, 2012 March 19, 2012

Launched in 2009 as a hotel booking engine for travel agents in Russia and Ukraine, Travelmenu.ru has grown into a major online retailer of package tours, a segment that represents more than 85% of the total outbound travel market in Russia. The site has served more than 250,000 travelers to date. Travelmenu has just announced it …

Travelmenu CEO Katrin Buckenmaier: “The Russian online outbound travel market is expected to grow ten-fold by 2015” Read More

Travelmenu’s video parody of Medvedev generated 6 million views in 3 months

March 19, 2012 March 19, 2012

Travelmenu.ru, a Russian online travel startup specializing in package tours, took advantage of the Russian winter holiday season to increase its brand awareness using a bold parody of President Medvedev’s New Year’s greetings. Released on December 19, the humorous video features the Russian President’s traditional greetings to the nation, revealing a behind-the-scene sea, sex and …

Travelmenu’s video parody of Medvedev generated 6 million views in 3 months Read More

Tiger Global leads $30 million round for online marketplace Wikimart.ru

March 19, 2012 March 19, 2012

The Russian online marketplace Wikimart.ru has secured a $30 million round of financing – the third one since the startup’s inception in 2008 – with Tiger Global Management contributing $18 million and the remaining $12 million coming from an undiclosed Russian investor. The startup’s previous valuation amounted to $50 million, which corresponds to its estimated …

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Mobile operator MTS could sell part of its online video business

March 15, 2012 March 15, 2012

The Russian mobile operator MTS is considering selling a stake of its online paid video site Omlet.ru, the operator’s VP of Marketing Vasily Latsanich announced earlier this week at a press conference. “A content business should be separated from a mobile operator’s business, and we are not the only ones on the market to believe so,” …

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Russian webmail service Mail.ru now available in Ukrainian language

March 14, 2012 March 14, 2012

Mail.ru announced on Monday that its webmail interface is now available in Ukrainian. This marks the first time that Mail.ru has offered its service in a language other than Russian. In addition, the site will be slightly redesigned to include some Ukrainian-style elements, Mail.ru announced. However, the Russian webmail giant has failed so far to acquire …

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Yandex opens ad sales offices in Switzerland

March 13, 2012 March 13, 2012

In a new move demonstrating its international presence, the Russian search giant Yandex announced on Monday that it has opened a sales office in Lucerne, Switzerland. The new office is headed by Bernard Lukey, a Swiss citizen and the former CEO of Ozon.ru, one of Russia’s largest online stores. The Lucerne sales office was opened …

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Tvigle.ru buys 200 hours of popular BBC TV shows

March 7, 2012 March 7, 2012

Tvigle.ru, a major Russian video entertainment portal on the Russian Internet, has purchased a number of popular TV shows from BBC Worldwide, including the award-winning programs Misfits, The Luther, Cranford, The Fade, The Deep, and others. No less than 200 hours of BBC Worlwide content will be offered free of charge by Tvigle, whose business …

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Israeli startup TimeBooker receives funding from Yandex

March 6, 2012 March 6, 2012

Last week, Yandex announced it will provide seed funding to TimeBooker, an Israeli startup which intends to serve small and mid-sized service companies with an innovative booking solution. The seed funding, which industry blogger Yakov Sadchikov thinks is “in the range between $50,000 and $100,000,” will be brought under the Yandex.Factory program.

From St. Petersburg to Vladivostok, 180,000 webcams monitored Russia’s presidential election

March 5, 2012 March 5, 2012

In an unprecedented experiment to ensure voting transparency, most of Russia’s 94,300 polling stations were equipped with webcams offering a live broadcast of yesterday’s voting. The broadcast, which started at midnight, Moscow time, on election day, ended after all vote counting operations were completed. It was followed by up to 400,000 simultaneous Internet users on a …

From St. Petersburg to Vladivostok, 180,000 webcams monitored Russia’s presidential election Read More

Cease-fire in political hacking on Election Day

March 5, 2012 March 5, 2012

In contrast to the massive hacker attacks that took place during the parliamentary election on December 4th and over the following weeks, no notable incidents were reported yesterday when Russian voters reelected Vladimir Putin as their president – a sign perhaps of the increased legal risks and political cost for the parties involved. Using computer …

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Teamo.ru attracts Japanese money, prepares recurring billing system

March 2, 2012 December 2, 2024

The Russian matchmaking service Teamo.ru completed a new round of investment earlier this week with a Japanese venture fund operating in Russia, UMJ Russia. While no details have been disclosed as to the amount involved or Teamo’s valuation, the deal brings total investment to date in the Russian service to more than $2 million. Unlike …

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