Internet

Utinet.ru, e96.ru and Sotmarket.ru merge into one listed company

Utinet.ru, e96.ru and Sotmarket, three major Russian e-commerce companies, announced yesterday the completion of their merger process – started last year – into an integrated company, christened “Platform Utinet.Ru.” Part of the company’s stock is being floated on the Moscow exchange following Utinet’s IPO in 2011. The merger went through the acquisition of 100% shares …

Utinet.ru, e96.ru and Sotmarket.ru merge into one listed company Read More

Yandex.Direct and Google AdWords compared

The Russian search engine marketing (SEM) market is unique and, to a large extent, different from the SEM-markets of other countries. The main difference lies in the fact that most of the search traffic is concentrated on the local search engine Yandex. According to various estimates, Yandex’s share of search engine traffic in Russia ranges …

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Cybercrime suffers a knockdown: Group-IB repels a major phishing wave across .RU, .РФ domain zones

According to a report released by the Anti-Phishing Working Group, Russia saw a decline in phishing incidents for the 1st quarter of 2014. The number of IP addresses located in the Russian territory, from where fraudulent activities were carried out, decreased considerably and stood at an average of 1.6% in the first quarter of 2014 …

Cybercrime suffers a knockdown: Group-IB repels a major phishing wave across .RU, .РФ domain zones Read More

Russian startup launches web-based cancer diagnosis service

Russian startup Unim (United Medicine) has launched the Unim Histology Internet service, which will make it possible for the public to send analyses remotely to the Dmitri Rogachev Federal Clinical and Research Center for Pediatric Hematology, Oncology, and Immunology in Moscow. Backed by the IIDF (FRII in Russian, the country’s largest startup investment fund inspired by …

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Yandex üniversite reinvents the college application process in Turkey

Did you ever imagine the day when students organize and filter their college interests on one portal?  That day has come in Turkey. Most of us remember how overwhelming the college application process felt but thanks to the recent launch of Yandex üniversite, Turkish students now have a comprehensive online guide to the college decision process.

New personal data storage rules to affect both foreign and domestic players – but still no “Chinese wall” surrounding Russia

Some foreign players panicked last week when they learned about the new rules adopted by the Russian parliament regarding the collection and storage of personal data – which will be allowed only on Russian territory starting from Sept. 2016. Concerns were fuelled by inflated media reports, including a Google Translate-based article that appeared on an …

New personal data storage rules to affect both foreign and domestic players – but still no “Chinese wall” surrounding Russia Read More

Package tour reseller Travelata.ru secures $7 million investment from EBRD and Polish fund MCI

Polish private equity fund MCI Management has teamed up with the European Bank for Reconstruction and Development (EBRD) to inject $7 million into Travelata.ru, a Russian online reseller of package tours. The amount invested by each of the two investors has not been disclosed. The funds will be used “to enhance further Travelata’s online services …

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Online communication tool developer Livetex obtains $4 million from Vaizra Capital

Russian tech portal CNews.ru reported last week that Livetex, a St. Petersburg developer of online communication tools, has secured $4 million from Russian fund Vaizra Capital at an undisclosed valuation. The company will use the funds to strengthen infrastructure, expand its product line, and take the first steps towards entering foreign markets. Livetex claims that its instruments, which include …

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Yandex to join new experiment at CERN

Yandex has announced its participation in the preparation of an experiment at the European Organization for Nuclear Research (CERN) to confirm the existence of dark matter, RBC daily reports. Yandex is to provide scientists at CERN with big data processing technology and human resources. The Yandex School of Data Analysis (SDA) has partnered with CERN …

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ChefMarket secures $300,000 from AddVenture and Moscow Seed Fund

In late June Russian fund AddVenture teamed up with the Moscow Seed Fund, the venture arm of the Moscow city authorities, to inject a second investment tranche into Moscow startup ChefMarket.ru, following an initial investment in December last year. ChefMarket offers home delivery of food products based on recipes from renowned Russian and West-European chefs. Along with …

ChefMarket secures $300,000 from AddVenture and Moscow Seed Fund Read More

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