Internet

St. Petersburg international conference to address e-governance challenges across Europe and Asia

October 23, 2014

The international conference “Electronic Governance and Open Society: Challenges in Eurasia” (EGOSE 2014) will take place in St. Petersburg, Russia, on November 18-20, 2014. The EGOSE 2014 aims to address the main issues of concern within the Information Society, e-government, e-governance, and e-democracy. The conference provides a platform for networking and collaboration between e-governance experts in the …

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“It’s not fair to call Ozon an Amazon clone,” CEO Maëlle Gavet says

October 20, 2014

As the largest e-commerce store in its region, Ozon has been called the “Amazon.com of Russia.” But this morning on stage at Disrupt Europe in London, Ozon CEO Maelle Gavet shot down the notion that her company should be called an Amazon clone. For one thing, she said, Ozon was founded 16 years ago, which was …

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Runa Capital invests in global social learning network Brainly

October 17, 2014

Brainly, a global social learning network designed to allow students to help each other with schoolwork, has completed a $9 million Series A funding round with the participation of several major venture funds. Among them are General Catalyst Partners, who led the round, Runa Capital, a venture firm operating globally from its offices in Moscow …

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Guard Capital invests $2.8 million in doctor social network

October 17, 2014

Moscow based fund Guard Capital has bought 15% of DoktorNaRabote, a Russian social network for doctors, for $2.8 million. The project’s cofounder Stanislav Sazhin stated that the business angels from whom Guard Capital purchased its stake left the company having made tenfold profits. DoktorNaRabote was founded by Andrey Perfilev and Stanislav Sazhin on 14th October 2009, so it will …

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Russia’s top 10 digital advertising categories revealed

October 16, 2014

Yandex analysts recently compiled data to assess the top digital advertising categories.  Generally speaking, the top industries include travel, fashion, financial services, medical services, and automobiles. These major industries that have a strong online presence actually vary when it comes to specific categories within these industries.  Two of the major travel industry categories, hotels and …

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Softline Seed Fund invests in online business meeting facilitator

January 18, 2016

Softline Seed Fund, a VC fund set up in the end of last year by Softline and government-owned RVC Seed Fund, has invested 7.5 million (nearly $190,000) in the Business Family online network in exchange for a 7% stake in the company. The Business Family project began two years ago as a business-oriented social network and club …

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Supply Chain & Fulfilment 2015 Congress: Join Tesco, John Lewis, Travis Perkins, ShopDirect.com to discuss solutions

October 15, 2014

With e-commerce sales in Europe anticipated to reach over £131.3 billion by year’s end, one of the biggest challenges this fast growing sector is facing is how to adapt their e-commerce and omni-channel supply chain and fulfilment operations to meet rapidly changing customer delivery expectations. To help with this, leading retailers including Tesco Group, John …

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Lawmakers drop Jan. 1 deadline for mandatory personal data storage on Russian servers

February 15, 2017

Last month, the lower house of the Russian parliament discussed new amendments to make personal data storage on domestic servers mandatory as early as January 2015 – instead of 2016 as previously foreseen by new legislation adopted this past summer. Those amendments were adopted in their first and second readings. The period allowed for compliance …

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Can Spotify and new local services drive Russian music fans to the right side of the law?

October 13, 2014

With a decades-long history of being one of the countries where online music has been mostly pirated, Russia is now seeing the emergence of music services that offer users a legal way to stream tracks. Spotify is on its way to the country, and local services are gearing up towards acquiring a bigger audience with new features and tailor-made offers …

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Arvato Russia GM Michael Poetschke: “Some Western players have suspended their e-commerce plans for Russia, but the effect of the international tensions might also be positive.”

October 13, 2014

After more than 15 years on the market, Bertelsmann subsidiary Arvato Russia has asserted itself as one of the main fulfillment providers in Russia, both for traditional distance selling and for e-commerce operations. In this exclusive interview, CEO Michael Poetschke — who arrived in Russia almost 20 years ago — talks about the opportunities and …

Arvato Russia GM Michael Poetschke: “Some Western players have suspended their e-commerce plans for Russia, but the effect of the international tensions might also be positive.” Read More

Gazprom-Media to acquire new Russian Internet assets

October 13, 2014

Gazprom-Media, a leading media holding affiliated with gas giant Gazprom, is about to acquire an 82.7% stake in WebMediaGroup, the owner of several Internet and e-commerce sites in Russia. The planned acquisition was appoved last week by the Federal Antimonopoly Service, reported the e-commerce online portal Oborot.ru. The details of the transaction are unknown, but …

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Luxoft acquires US Internet-of-Things solution provider Radius

October 10, 2014

Earlier this week Luxoft, a NYSE-listed provider of software development services and innovative solutions and a part of Russia’s IBS Group, announced the acquisition of Radius Inc., a US-based provider of Internet-of-Things (IoT) solutions. Radius delivers modern enterprise solutions across mobile, cloud, data and API technologies for large corporations to “help them capture, manage, and …

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