Ozon.ru, a leading Russian online retailer, launched a new social commerce application on Facebook yesterday, making its entire catalog available through the social networking site, along with a number of integrative social and viral features. Users can let the app post status messages, notes, photos, and videos on their behalf or opt to keep their …
Yandex CEO Arkady Volozh unveiled ambitions to expand into the European, Latin American and Asian markets at the TechCrunch Moscow international conference yesterday. The move will put the Russian search giant on a course to more directly confront dominance by Google on these markets. With its Turkish version launched in September this year, Yandex ceased …
Yandex eyes European, Latin American and Asian markets – Poland could be next Read More
In a move illustrating growing demand on the Russian online advertising market, Yandex announced its rates for display advertising will increase next year by an average of 28%, Russian business daily Vedomosti reported yesterday based on exchanges with advertising agencies. Yandex confirmed the news as well as the fact it revises its display advertising rates …
Former Mail.ru Group Executive Vice President Global Operations François Esculier has gained a seat on the Board of Directors of luxury private shopping club CollectionPrivee.ru. He recently shared with East-West Digital News his vision of the global integration of the Russian Internet, speaking his mind on the management issues domestic players faced as well as about …
François Esculier: “The global battle for digital leadership is raging in Russia.” Read More
Russian search giant Yandex took yet another step towards international expansion yesterday, announcing that Seznam.cz, the largest web search engine and information portal in the Czech Republic, had launched a video search service using its technology.
Mail.ru Group, a leading Russian Internet group listed on the London Stock Exchange, is in negotiations with Internet Invest Group, Ukraine’s largest web hosting service provider, for the rights to the mail.ua domain name. The deal is expected to be completed at the end of this year or early next year. This domain will be …
Mail.ru seeking Mail.ua domain to offer services in Ukrainian language Read More
In a move reflecting emphasis on its mobile strategy, Yandex, the dominant player on the Russian search and contextual ad markets, announced today its acquisition of SPB Software, a major developer of mobile software with offices in Russia, Taiwan, and Thailand. Referring to sources close to the deal, TechCrunch reported the price was set at …
Russia’s leading international Internet fund DST Global has begun to look at Internet companies in India for potential investment, according to Indian online investment publication VCcircle, citing “sources familiar with the development” earlier this month. DST opened its Asia office in Hong Kong earlier this year. It also invested in Chinese e-commerce leader 360buy.com and …
Heverest.ru, an online retailer of sports and recreational equipment, has attracted a $1.3 million investment from Rollingahead Ltd. and eVenture Capital Partners. The deal brings the current total amount invested in this startup to $2.2 million. Heverest.ru was launched in June of this year by Fast Lane Ventures, a Western-style startup incubator operating in Russia. …
Sport and leisure retailer Heverest.ru raises $1.3 million Read More
Russian Internet giant Mail.ru Group, which went public last year in London, could launch a VoIP service as soon as early 2012, the group’s CTO Vladimir Gabrielyan told news agency Interfax, Gazeta.ru reported last week. The product, created in a special lab set up in August to develop the technology, is already complete. “We’re working on …
Held for the first time last week in Moscow, the Internet Life Conference made a splash in the nascent startup community by offering insight on current Internet trends, online strategies and solutions. The conference was organized by CareerLab, a specialized educational center in the field of software engineering and ALM solutions, in partnership with Microsoft, IBM and a number …
Launch of annual Internet Life Conference in Moscow attracts big, small industry players Read More
Russian Venture Company, the state owned fund of funds dedicated to innovation, announced on Wednesday its indirect participation in the $150 million round of financing of WhaleShark Media Inc., a global leader in online coupon sales, through its UK affiliate Institutional Venture Partners XIII (IVP). JP Morgan Asset Management also took part in the round, …
Russian Venture Company takes part in $300 million WhaleShark Media deal Read More
