Internet

Yandex announces fourth quarter and full-year 2014 financial results

February 26, 2016

Moscow and Amsterdam – Yandex (NASDAQ: YNDX), one of Europe’s largest internet companies and the leading search provider in Russia, today announced its financial results for the fourth quarter and the full year ended December 31, 2014. “The company performed well in the fourth quarter and demonstrated another full year of excellent results, despite the difficult …

Yandex announces fourth quarter and full-year 2014 financial results Read More

Russian air plane tickets market industry report Q1 2015

March 2, 2017

Overall, user queries for air tickets rose from 19% to 25%. Travel queries in Moscow are heavily dominated by air ticket queries. Meanwhile, in non-capital regions interest in hotels correlates with interest in package tours. This exclusive Yandex travel market industry report on Russian Air Plane Tickets category provides useful information on a wide range …

Russian air plane tickets market industry report Q1 2015 Read More

Russian man sues Google for reading his private emails

February 26, 2016

A Russian man has filed a lawsuit against search giant Google, accusing it of violating his privacy by showing him advertisements based on comments made in private e-mails. Anton Burkov, from Yekaterinburg, filed the suit in a Moscow court when advertisements for French hotels and visa services began appearing alongside Google search results — shortly after discussing a trip to Strasbourg with friends.

Morgan Stanley report uses questionable methodology to claim Google has surpassed Yandex in Russia

February 26, 2016

According to a report released last week by Morgan Stanley, Russian mobile and web users are increasingly favoring Google over local search engine Yandex. Referring to polls taken between 2012 and 2014, Morgan Stanley analysts assert that the US search engine overtook Yandex in popularity in 2014. In December, according to the surveys, there were …

Morgan Stanley report uses questionable methodology to claim Google has surpassed Yandex in Russia Read More

Russian online education platform Netology secures third funding round in a year

February 26, 2016

Netology Group, a major Russian online education platform, announced last week that it raised $2.1 million from Buran Venture Capital and InVenture Partners. This round is Netology’s third one in less than one year, following a Series A round with InVenture Partners in April 2014 and a $1.1million capital injection from the same fund in September.

Yandex launches parking app in Moscow

February 5, 2015

Moscow and Amsterdam – Yandex (NASDAQ: YNDX) has released a new app that helps drivers in Moscow find a parking space and pay for the service without leaving their car. With the Yandex.Parking app, there is no need to drive the streets to find a parking spot or even leave your car to pay for it. The …

Yandex launches parking app in Moscow Read More

Yandex purchases software tool for taxis

March 2, 2017

Yandex is purchasing Ros.Taxi, a software program for the management of taxis. It allows taxi businesses to take orders, coordinate and lead the work of drivers. Included within the Ros.Taxi brand is a mobile application called Taximeter, which determines the cost of a journey and provides drivers communication with dispatchers. Together with Yandex.Taxi – an …

Yandex purchases software tool for taxis Read More

Russian advertising market to slowdown in 2015, but online remains a growth area

July 9, 2015

As the Russian economy braces itself for a recession in 2015, belt-tightening measures by Russian businesses are set to include significant advertising budget cuts. In a much more result- and value-oriented advertising environment, companies will look more to online and contextual models, rather than traditional mediums such as TV. According to a report by Goldman …

Russian advertising market to slowdown in 2015, but online remains a growth area Read More

KupiVIP general manager Vladimir Kholyaznikov: “Cross-border now exceeds 25% of our total volumes and we expect strong growth in 2015”

March 1, 2016

Launched in 2008 by Oskar Hartmann, a German entrepreneur born in the former Soviet Union, KupiVIP quickly became Russia’s leading flash sales site in the field of fashion. When the cross-border e-commerce market emerged in Russia, the company lobbied against what Hartmann called – with some justification – “duty-free e-commerce.” But KupiVIP also launched its …

KupiVIP general manager Vladimir Kholyaznikov: “Cross-border now exceeds 25% of our total volumes and we expect strong growth in 2015” Read More

Spotify cancels Russia launch for “foreseeable future”

March 1, 2016

Popular music streaming service Spotify has canceled plans to open offices and launch their service in Russia, just one year after registering a subsidiary in Russia. Spotify reportedly last year hired Alexander Kubaneishvili, a former Google executive, to head their Russian business and were already in negotiations with local mobile operators.

Coursmos attracts $600,000 seed investment

April 7, 2017

Online micro-course platform Coursmos has received $600,000 in seed investment in a deal led by Altera Capital Group with participation from Imperious Group. Coursmos has now raised a total of $1.2 million in investment since it was launched in March 2014. Coursmos offers 11,000 micro-courses across 20 areas, generating profit through user subscription fees of $8.88 per month. The project …

Coursmos attracts $600,000 seed investment Read More

Scroll to Top

This site is under maintenance. Sorry for the inconvenience.

This site is under maintenance. Sorry for the inconvenience.