Preply, a platform to find foreign language tutors for home or Skype lessons, has just entered the Polish market with a localized version of its website. Launched in 2012 by Kirill Bigai, Serge Lukianov and Dmytro Voloshyn, the startup initially developed across the Ukrainian, Russian, Belarussian and Kazakhstani markets.
A Russian web site that served as a support group for LGBT teenagers has been blacklisted by the authorities and will likely be blocked within the country, news reports said Monday. The site’s name Deti-404 (Children-404), after the online HTTP error message for “page not found,” may prove portentous if Russia’s Internet watchdog Roskomnadzor considers the site to be in violation of a federal law that regulates online …
Groupon, which began operating in Russia in 2010, has asserted itself since then as a leader in the Russian coupon sales market. The site has also developed a cross-border business, selling virtually anything from smartphones to tableware and cappuccinators to Russian consumers. Erik Bosgoed, head of logistics at Groupon International GMBH Switserland, explained to East-West …
Illustrating the relative resilience of the Russian e-commerce market amid the current economic turmoil, leading flash sales platform KupiVIP.ru reported a 44% revenue increase year-on-year in Q4 2014. The company attributes this growth to consumers switching from traditional and online retail to discount-based sites. Sales also grew due to the development of the site’s cross-border …
KupiVIP.ru close to break-even, reports 44% year-on-year sales growth in Q4 2014 Read More
The average American knows about Buzzfeed, Home Depot, and Vimeo; their sites are gaining about as much traffic in the US as Yandex.ru, which most Americans wouldn’t recognize. According to the most recent results from SimilarWeb, two major Russian websites Yandex and Vkontakte ranked in the top 100 US websites for 2014. Vkontakte, Russia’s leading social …
Anews, an international global news-reading service with a built-in behavioral advertising network, has received $2.7 million from TMT Investments, Run Capital, 101 Startup and several individual investors. As reported by Rusbase, TMT Investments and Run Capital each invested $1 million, in exchange for minority stakes in the company. “With its strong team, with a wealth …
News aggregator Anews raises $2.7 million for further international expansion Read More
Moscow – Russian music service Zvooq, part of the holding Dream Industries, changes the game for music streaming by introducing a new model of music listening, becoming Russia’s only fully free legal music service. From January 20 Zvooq allows all listeners to select any song, album or compilation, and then listen free of charge without time …
Zvooq launches full function free mobile music streaming Read More
The average person aims to stay up to speed with the most recent clothing styles and haircuts. From country to country, styles vary and the ideal image is often rooted in cultural influence. Still, a popular movie or a celebrity influences worldwide trends uniting people across the globe to wear a particular pair of sunglasses …
What do Yandex users want to look like? Russians’ image search queries Read More
Trivon AG, the Switzerland-based company which does business through its subsidiaries under the Virgin Connect brand in Russia, has acquired 75% of Speedyline, a triple-play operator operating in the Moscow region. Trivon has also got the option for the further purchase of the remaining 25%. The deal was completed in December, but announced only last week. …
Richard Branson’s Virgin Connect buys Moscow region broadband triple-play operator Read More
Social media business will be highlighted in Moscow on March 12-14 at the Social Networking Congress & Expo (SNCE), a two-day conference and exhibition that gathers each year the representatives of the Russian social media community. The main topics of this year’s edition will be social media marketing, social business app development; social media monitoring …
Hot social media topics to be highlighted at Moscow conference and exhibition Read More
Yandex NV (YNDX) sank to a record in New York after Goldman Sachs Group Inc. cut the stock to sell, forecasting a 31 percent drop in the Russian Internet company’s earnings this year as a weaker ruble dissuades advertisers from increasing spending. The shares slumped 8.7 percent in New York to $16.41, the lowest since the company’s U.S. …
Yandex and CTC Media sink to record as Goldman says sell Read More
Elbrus Capital, a major private equity business operating in Russia and neighboring countries, has acquired a minority stake in Cian Group, a major player on the Russian online realty classifieds market. The deal included both the sale of existing shares and a subscription for new shares. The amount of the investment and the size of the …
Elbrus Capital acquires minority stake in realty classifieds group Cian Read More
