Internet

Hotel booking service Ostrovok.ru attracts new investment from US businessmen

January 25, 2012

Ostrovok.ru, an online hotel booking service launched in 2010 in Russia, has raised an undisclosed amount from Erik Blachfold, CEO of Expedia, Hotwire and Tripit founder Gregg Brockway and Altimeter Capital’s Brad Gerstner. This Series B round of financing comes six months after Ostrovok raised $13.6 million from General Catalyst Partners, AccelPartners, Founders Fund and Atomico Ventures as well …

Hotel booking service Ostrovok.ru attracts new investment from US businessmen Read More

Vkontakte.ru opens representative office in Ukraine

January 25, 2012

Vkontakte.ru, the leading social networking site in Russia and most Russian speaking countries, has registered a Ukrainian subsidiary and opened an office in Kiev, the company’s press secretary Vladislav Tsyplukhin told the Ukrainian news agency AIN.UA yesterday. In an effort to deal more directly with local advertisers and media, the Ukrainian representative office intends to …

Vkontakte.ru opens representative office in Ukraine Read More

Rostelecom to acquire Siberian broadband Internet provider Enter

January 25, 2012

The Russian Antimonopoly Service allowed Rostelecom, the national telecom operator, to acquire 100% of the shares of Enter, a provider of fixed broadband Internet access in Siberia owned by the Dutch company Consumer Enter B. V. Established in 2005, Enter serves 22,000 customers in Barnaul, Novokuznetsk and Tyumen, three major Siberian cities.

Vkontakte.ru founder claims leadership in user engagement, pledges $1 million donation to Wikipedia

January 25, 2012

Vkontakte.ru founder Pavel Durov, 27, presented key indicators of his social network yesterday at Digital Life Design (DLD), a global conference on innovation, digital, science and culture held annually in Munich (see video How To Know If Ex Wants You Back ) The site – which has just been renamed VK.com – stands as the largest …

Vkontakte.ru founder claims leadership in user engagement, pledges $1 million donation to Wikipedia Read More

Rambler invests in e-commerce, demonstrates fast traffic growth

January 24, 2012

The Rambler-Afisha group invested “hundreds of thousand dollars” in Ichiba.ru, Rambler founder Anton Terekhov told the RIA Novosti news agency last week. Launched in April of last year, Ichiba.ru is an e-commerce marketplace allowing any merchant to present and sell its products online easily. Ichiba claims its catalog includes 3.5 million items from over 400 …

Rambler invests in e-commerce, demonstrates fast traffic growth Read More

Futubra, Russia’s response to Twitter, aims to set new standard in microblogging

January 18, 2012

While Twitter is gaining traction among the connected Russian elite, Mail.ru Group, the Russian LSE-listed Internet group, announced on Monday the launch of Futubra, a remarkably designed microblogging service. Although some observers have nicknamed it “the Russian Twitter,” Futubra seems closer to Tumblr in terms of functions, with its focus on multimedia content sharing and …

Futubra, Russia’s response to Twitter, aims to set new standard in microblogging Read More

Fast Lane invests in RentHome.ru

January 17, 2012

Fast Lane Ventures, a Moscow based early stage venture capital firm, recently announced it has invested in RentHome.ru, a service that operates and looks nearly identical to HomeAway.com, down to the same colors, layout, and background. Through RentHome.ru, property owners can list their properties for short term rentals, allowing people to make a little more …

Fast Lane invests in RentHome.ru Read More

Startup from Tatarstan launches first Russian cloud music storage service

January 10, 2012

10tracks.ru, Russia’s first cloud music storage site, launched a few days ago, with up to 3 gigabites of storage space available free of charge. Users can listen to their music using a web player or download it onto smartphones or computers to listen to it anywhere. The mobile version is available using an Android application …

Startup from Tatarstan launches first Russian cloud music storage service Read More

Mail.ru Group launches in-house project incubator

December 28, 2011

Mail.ru Group, a large, publicly traded Internet group has launched its own internal incubator to develop projects initiated by employees. Mail.ru Group entrepreneurs will develop their projects in full autonomy while retaining their employee status. “We will try to infuse the incubator with a true startup spirit, offering dedicated work spaces separate from the group’s …

Mail.ru Group launches in-house project incubator Read More

“Our team fucked up in Russia, I lost tons of money,” says Lamoda.ru’s German owner Oliver Samwer

December 23, 2011

In a confidential email sent in October to his management team revealed yesterday by TechCrunch, Oliver Samwer, the co-founder of German incubator Rocket Internet, had crude words for the management of Lamoda.ru, the online shoe retailer he launched in Russia earlier this year. “Our team fucked up in Russia,” wrote Samwer, complaining that Lamoda.ru failed …

“Our team fucked up in Russia, I lost tons of money,” says Lamoda.ru’s German owner Oliver Samwer Read More

Vkontakte.ru still blacklisted by US government for piracy

December 23, 2011

The Office of the United States Trade Representative has made public a new edition of its Notorious Markets List earlier this week, identifying  “selected markets, including ones on the Internet, that are reportedly engaged in piracy and counterfeiting” across the globe. Specifically, the blacklist enlarges upon the geographical origin and the dubious commercial nature of marketplaces …

Vkontakte.ru still blacklisted by US government for piracy Read More

Scroll to Top

This site is under maintenance. Sorry for the inconvenience.

This site is under maintenance. Sorry for the inconvenience.