Moscow and Amsterdam, The Netherlands — Yandex (NASDAQ:YNDX), one of Europe’s largest internet companies and the leading search provider in Russia, today announced its unaudited financial results for the third quarter ended September 30, 2015. Q3 2015 Financial Highlights(1)(2) Revenues of RUB 15.4 billion ($233.1 million), up 18% compared with Q3 2014 Ex-TAC revenues (excluding traffic acquisition …
The Internet of Things already surrounds us, with the number of connected devices is increasing every moment – from medical gadgets, to energy technologies, to a diversity of devices in the fields of education, transportation, and the environment. As Russia’s IoT community is emerging, the second yearly exhibition and conference “The Internet of Things” will take place this Thursday, Oct. …
Internet-of-Things highlighted this week at Moscow conference Read More
Last month Finnish computer security firm F-Secure released a white paper on “the Dukes,” a cyber-espionage group which is believed to have been working for the Russian government since at least 2008. According to F-Secure, the Dukes (sometimes also referred to as APT29) collect intelligence in support of foreign and security policy decision-making. The group employs a wide arsenal …
Social buttons are used for a number of reasons, and their use on Russian websites is fairly similar to their use on non-Russian websites. However, the unique Internet environment of Russia requires companies with an online presence in the country to become familiar with the social media services that are popular in Russia. This post will …
Direct Group, a Moscow-based investment company owned by French businessman Pascal Clément, has sold its two women’s sites, Passion.ru and Woman Journal (WMJ.ru), to Russian tech media group Rambler & Co. Announced earlier this month at an industry conference in Bruges, the news was confirmed by a Rambler representative in an exchange with business daily Kommersant. The details …
Direct Group sells women’s sites Passion and WMJ to Rambler & Co Read More
Yesterday USM, an investment company controlled by Russian billionaire Alisher Usmanov, announced an investment of “$100 million or more” in Virtus.pro. Launched in 2003, this popular eSports resource organizes multiplayer video game competitions, particularly between professional players. “eSports are a unique proposition, uniting the sports, media and the internet industries,” stated Ivan Streshinsky, a member …
Russian billionaire Alisher Usmanov invests “$100 million or more” in e-sports platform Read More
Microsoft and Yandex, the NASDAQ-listed Russian search giant, announced today a strategic cooperation agreement to allow users in Russia, Belarus, Kazakhstan, Ukraine, Turkey and several other countries in the region to upgrade to a custom experience with Windows 10. In these countries, Yandex will be offered as the default homepage and search for the Microsoft Edge browser …
Microsoft and Yandex agree to deliver Windows 10 with Yandex search Read More
Last week Yandex, the NASDAQ-listed Russian search giant, launched an online video streaming offer on KinoPoisk (in Russian: “Cinema Search”), the movie and TV recommendation service it acquired two years ago. Inspired by US platform IMDb, KinoPoisk was initially an online database containing 100 million movie descriptions and ratings with associated trailers and user commentaries. …
Yandex backpedals on new version of movie platform after user fury Read More
Inner Chef, an Indian adaptation of the US service Blue Apron, has raised $1.7 million from Kiev, Ukraine-based fund TA Ventures and several business angels. These include Boris Ryabov, managing partner of Russia-based venture fund Bright Capital, as well as Indian entrepreneurs Phanindra Sama, Vijay Shekhar Sharma, Anupam Mittal Vishal Gondal and others. Inner-Chef was launched …
Local search and user review service Yell.ru has acquired a controlling stake in Ukraino-Russian startup YouScan by buying the shares of the previous investors, while the founding team retained a minority stake. No further details of the transaction were disclosed. Yell also announced that it will invest $1 million in the company’s further development. YouScan …
Yell.ru acquires Ukrainian-Russian startup YouScan Read More
Avito, Russia’s leading online classifieds site, is preparing for an IPO, co-founder and CEO Jonas Nordlander stated last week. Avito is “in the preparation for the simple reason that we want to have options if it at some point makes sense for the business and shareholders to go public,” Bloomberg quoted him as saying. Avito …
Avito acquires delivery service aggregator CheckOut and prepares for IPO Read More
Russia’s biggest Internet search engine Yandex said it could seek a deal with Microsoft to become part of its Windows 10 platform in Russia and potentially other markets. Such a deal would fit in with the Russian company’s efforts to expand in mobile search and diversify away from the weak rouble. Microsoft said last week it had …
Yandex says may seek tie-up with Microsoft for Windows Read More
