Internet

Online event solution startup TimePad secures investment from Rambler-Afisha

March 2, 2012

TimePad, a startup offering a range of online tools for event organizers, announced on Wednesday that it had received an investment of undisclosed size from the Rambler-Afisha group. TimePad’s functions can be compared to those of Eventbrite or Armiando. They include event publication and promotion, through existing contacts and social networks, as well as online registration, …

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Social résumé startup Resumup enrolls global companies in innovative recruitment experiment

March 2, 2012

ResumUp, the infographic résumé startup that emerged from two innovation contests last December, is launching a new product, currently in beta testing, bringing some fresh air to online recruiting. While its first product focused on infographic résumés using data from social media profiles, the St. Petersburg startup now takes an extra step, matching visual résumés …

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Yandex to offer free cloud storage service

February 29, 2012

Russian search giant Yandex is developing a cloud service to store data from computers and mobile devices, Russian business daily Vedomosti reported on Monday. The service, currently referred to by the working name ‘Yandex.Disk,’ will store and sync files of any type and format, from text documents, to video files and photos, as well as …

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Dreaming of an overseas vacation? Need new furniture? Check out phone retailer Svyaznoy

February 27, 2012

In a bid to diversify and assert itself on the fast growing Russian e-commerce market, major mobile retailer Svyaznoy is now catering to travelers and selling furniture and jewelry online. Its most recent project, one the company positions as a ‘travel hypermarket’, Svyaznoy Travel, aims to incorporate both online and offline formats for all travel …

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Russian banks attract half a million fans on social networks

February 27, 2012

The popularity of banks on social networks – especially official corporate pages on Facebook or Vkontakte, and Twitter accounts – has increased more than 50-fold over the past year, says a report from Artenom Consulting. “One third of the country’s 100 largest banks has either established an official presence on social networks or is using …

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Mail.Ru Group: Preliminary trading statement for fiscal year 2011

February 24, 2012

Dubai – Mail.Ru Group Limited (LSE: MAIL, hereinafter referred as “the Company” or “the Group”), one of the largest Internet companies in the high-growth Russian-speaking Internet market, today provides the following preliminary unaudited segment financial information for the second half and full year ended 31 December 2011.

Online outran print on advertising revenues, up 56% in 2011

February 23, 2012

Online advertising spending surpassed print advertising for the first time in 2011, the Russian Association of Communication Agencies (AKAR) annnouced in its annual report, published this week. According to the report, the Russian online advertising market reached $1.4 billion, up 56% from 2010, demonstrating the fastest growth among the different segments of the market. In …

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Transtelecom acquires regional Internet provider Electro-Com

February 23, 2012

Transtelecom, or TTK, has purchased 100% of the shares of Electro-Com, an Internet provider working under the Spark brand, Telecom Daily reported earlier this week. The deal will reinforce TTK’s positions in the broadband Internet access markets of Rostov-on-Don, Ryazan, Taganrog, Volgodonsk, and Kaluga. It will also introduce TTK to the Tula, Krasnodar, Bryansk and …

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Reiman’s Prostor Capital invests in video-focused Dulton

February 22, 2012

Prostor Capital, a fund co-created in 2011 by former Russian telecom minister Leonid Reiman, announced last week the investment of an undisclosed sum in Dulton Media. Focusing on online video solutions, Dulton is developing such projects as YaTV, a video broadcasting and video on demand service, and Eagle.Platform, a platform for creation and monetization of …

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Vkontakte.ru too “passive” with copyright infringement, says arbitration court

February 22, 2012

Last week, the St. Petersburg Arbitration Court offered long-awaited explanations about the decision it issued in January of last year regarding an alleged copyright infringement involving Vkontakte.ru, the leading social network in Russia. The Gala Records record label had accused Vkontakte of having illegally offered online copyrighted recordings by the Russian band ‘Infinity’. Vkontakte claimed …

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