Tulp.ru, a website where users can share impressions on local businesses—from detailed stories of their consumer experince to photos and ratings—is about to raise $3 million from “an important Russian offline player,” reported company founder Taisiya Kudashkina to EWDN.
OZON.ru is often called the “Russian Amazon.” Is that a good analogy? Yes, we have a very similar business model. Like Amazon, we started out selling a large selection of books, then step-by-step branched out into other products. We now have 1.5 million unique products in 12 categories. We are the leader of e-commerce in …
According to the Public Opinion Foundation (FOM), a leading Russian poll institute, 40% of Russian citizens (46.2 million) hold one or more bank cards, but only 5% of them use their cards for online payments. Among active cardholders the number rises to 18%.
World leading classifieds platform eBay launched its Russian-language version one year ago, in March 2010, and despite problems surrounding the launch, Russian Internet users appear to like having their own version: the number of registered users increased by 73% in its first year. In addition, Russian users have proven to be the most active buyers …
One year after launch, Russian eBay offers local classifieds Read More
“We rule out, and consider to be utopian, a full integration of Vkontakte into Mail.ru Group,” said Pavel Durov in an open letter published yesterday. Durov, Vkontakte.ru’s general manager and main shareholder, denied holding any discussions about an increase of the Mail.ru Group stake in Vkontakte.ru, Russia’s leading social network.
Tinkoff Credit System, a Russian bank specializing in consumer credit, and Odnoklassniki.ru, a leading Russian social networking site, have launched a social application allowing users to apply for co-branded credit cards.
Wikimart.ru closed a second round of financing with US venture fund Tiger Global partners, reported Wikimart founders Maxim Faldin and Kamil Kurmakaev yesterday to Russian business daily Vedomosti.
In 2010, advertisers in Russia spent 531 million rubles ($18.3 million) placing video ads on the Russian-language Internet — up 77% from 2009, according to RuTube.ru, a leading Russian video hosting platform.
In a report issued today, Uralsib Capital estimated that Mail.ru Group, an LSE-listed Russian Internet group, is overvalued.
The Office of the United States Trade Representative (USTR) made public yesterday a list of 30 Internet and physical markets in various countries which “have been the subject of enforcement action connected with counterfeiting and piracy, or may merit further investigation for possible intellectual property rights (IPR) infringements.” Among them are Vkontakte.ru, Russia’s leading social …
Two leading Russian sites blacklisted by US government for piracy Read More
Russian startup yaM Labs attracted $500,000 from Foresight Ventures, a Russian venture fund. yaM is a SaaS application supporting meetings at all stages – from planning to results. The application can be used for any type of meeting, either face-to-face, telephone call, telephone conference or video conference and for any type of user, from individuals …
Gazprom Media and its subsidiary TNT, a Russian television channel, yesterday launched a paid, video-content website named Now.ru. Sony Pictures, Disney, Warner Brothers, Lions Gate, Nickelodeon, MTV Networks, BBC and Playboy Enterprises will provide the portal with top content.
