Internet

Maëlle Gavet steps down as Ozon CEO

Yesterday Ozon Holdings, one of Russia’s most established players on the Russian e-commerce scene, announced that Maëlle Gavet, its French-born CEO since 2011, is moving on from the company. Israeli-born Danny Perekalsky, currently Ozon’s deputy CEO, has been appointed as new CEO. He will assume the new role immediately, with Gavet staying with the company for a …

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Russia updates its IT security strategy in reaction to international tensions

The Russian Security Council, a consultative body of the Russian President that helps formulate the President’s policy on national security affairs, has announced plans for the creation of a new information security doctrine intended to more efficiently prevent information warfare, identity-theft and cyber-fraud. According to Dmitry Gribkov, an adviser to the head of the Council, there …

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Russian operators CDEK and SPSR fight to break postal monopoly on China-to-Russia e-commerce shipment market

Led by Alibaba’s B2C subsidiary AliExpress, Chinese online retailers have gained a significant share of the Russian e-commerce market over the past two years. Of the 70 million orders that were shipped by foreign online retailers to Russia last year, more than two-thirds came from China, according to estimates cited in EWDN’s last market research. …

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Yandex predicts user ‘churn’ for one of the world’s most popular online games

Customer loyalty and satisfaction is crucial in community-based gaming, where every single player matters, and devoted, experienced gamers are especially valuable for the game. The Yandex big data unit, Yandex Data Factory, took game churn prediction – knowing how many gamers are likely to leave the game – to another level. Wargaming, an international MMOG developer, …

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Midemlab contest 2015: A call to Russian startups

In partnership with East-West Digital News, Midem, the leading international b2b event dedicated to the new music and entertainment ecosystems, cordially invites Russian startups to the Midemlab competition. This event will take place in Cannes, France, from June 5 to June 8. The deadline for submissions is March 10, 2015. If you have a built the next solution that will …

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Mail.ru Group says headhunter sale in doubt as Russia’s recession dampens revenue growth

Russian Internet group Mail.ru said on Thursday the sale of its recruitment site might not be completed after the company saw an economic downturn constrain ad spending. The company expects revenue growth of 7-12 percent after 14.8 percent last year that included the results of the VKontakte social network on a pro forma basis, it said in a statement.

Mail.Ru Group limited preliminary trading statement for FY 2014

Mail.Ru Group Limited (LSE: MAIL, hereinafter referred as “the Company” or “the Group”), one of the largest companies in the Russian-speaking Internet market, today provides the following preliminary unaudited segment financial information and key operating highlights for the full year ended 31 December 2014.

Context ad technology startup K50 valued at $5 million in deal with AddVenture

Russian venture fund AddVenture has invested an undisclosed amount in K50, a Moscow-based startup which is developing an optimization and analytics solution for the contextual advertising market. The deal valued the startup at $5 million. K50’s founding team, which previously financed the startup, will retain a controlling stake. Founded in 2012, the startup launched its …

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Russia’s first TV channel and VKontakte agree legalization of video content

In yet another step in VKontakte’s strategy to legalize its content, the social network has reached an agreement with Channel One, Russia’s first TV channel. The broadcaster will provide the rights to broadcast its programs and popular shows in exchange for a share of advertising revenues. The news was reported on Wednesday by Russian business …

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Yandex says Google shutting others out from Russian Android devices

Russian Internet giant Yandex has requested that Russia’s Federal Anti-Monopoly Service investigate Google for violating Russian legislation, news agency RIA Novosti reported on Wednesday. The regulator now has one month to consider the request from Yandex, Russia’s top search engine and provider of a range of digital services, such as Yandex.Maps and Yandex.Music, a music streaming service.

Russian cross-border consumers complain most about marketing inaccuracies and returns

According to new research conducted by Teleperformance, a global outsourcing specialist in segments such as customer service and technical support, complaints of Russian consumers towards cross-border e-commerce companies center primarily on failed marketing obligations, returns queries and currency conversion processes. Teleperformance conducted an internal survey among its customers and partners to find out what Russian …

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