Eleven months after its first attempt to map Europe, Yandex, the Russian search giant, introduced a debugged and improved version last week, showing a more in-depth map of the continent and enabling users to look for itineraries and route trips. The improvements have indeed been dramatic since the previous versions if judging by the map …
Yandex’s mapping of Europe now not worse than that of Google Read More
Yandex, which operates the largest Russian e-commerce comparison shopping platform, is now offering online stores a new model for listing their products on Yandex.Market. Online stores can now enable checkout functionality for their products directly on the Yandex.Market site and Yandex will adopt a Cost Per Action (CPA) model for purchases made in this way. …
Yandex enhances the functionality of Yandex.Market with cost-per-action advertising Read More
Former executives of Finam Global, the venture arm of leading Russian financial group Finam, have launched a $30 million high-tech fund to invest in “fast-growing markets of considerable size.” Christened ‘Flint Capital,’ the fund comes as the fifth sizeable one launched in Russia since the beginning of the year – after FRII, a $200 million …
Europe’s leading Internet conference on innovation and entrepreneurship, LeWeb, hopes to gather even more Russian attendees to “imagine the next 10 years” together on its 10th anniversary. “LeWeb is where revolutionaries gather to plot the future” according to the weekly paper The Economist. It has indeed become the European platform for success for entrepreneurs over the …
LeWeb invites Russian Internet startups and investors to “plot the future” in Paris Read More
Russia’s first public index of the prices of goods sold online was launched in late September by Yandex.Market, a leading Russian online marketplace, the Higher School of Economics (HSE), a major Russian university, and information agency Finmarket. The Internet Inflation index analyzes data from Yandex.Market based on a methodology developed by HSE. The project currently …
Just two months after strict anti-piracy legislation came into force, Russia’s largest online video services have formed the Internet Video Association in order to help shield the market against pirated video content. The union defines itself as “a nonprofit organization that assists in the proper application of the anti-piracy law while avoiding discrimination and repression,” according to its chairman Oleg Rumyantsev, …
The ninth annual Electronic Commerce conference will be held on October 10 and 11 in Moscow at the Radisson Slavyanskaya hotel. This event is one of the largest professional conferences on e-commerce, online sales and multi-channel commerce in Russia and the CIS. The conference program features more than 80 speakers, numerous round tables, and an …
Yesterday Pavel Durov, the founder and CEO of Russia’s largest social network, Vkontakte.ru (VK.com), threatened to sue the company’s main shareholder, United Capital Partners (UCP), for defamation. The claim followed statements made by UCP partner Yuri Kachuro in an interview with “Zuckerberg Will Call,” a publication dedicated to the Russian startup scene. Among other complaints, Kachuro …
Yandex.Browser, a free web browser developed by Russia’s leading search engine, Yandex, has 10 million weekly active users one year after its launch on October 1, 2012, as reported by Yandex. Integrated with the Yandex search engine, the Yandex.Browser project uses open-source software WebKit and Chromium. Yandex asserted that the site gained a five percent …
One year after launch, Yandex’s browser attracts 10 million users Read More
Initially a network of cash collection machines, through which Russians pay for virtually everything from mobile phone bills, to online purchases, to fines, QIWI is now an international, NASDAQ-listed, multichannel payment operator working in close partnership with Visa. QIWI President Boris Kim shared with East-West Digital News his vision of the payment industry, which knows …
One decade after it first entered the Russian market, Zara launched online sales in the country this past summer. Based on the brand’s international IT platform, the site’s functions and design do not differ from those offered to Zara aficionados in 21 other countries where online sales are also available (Western Europe, North America, Poland, …
Fastlane Ventures, Prostor Capital, and Runa Capital have shaken hands to combine two sites in the field of online health and medicine: VitaPortal, which has been funded so far by Fastlane, Prostor, and US business angel Esther Dyson, and Zdorovie Online, which is coming from Runa’s portfolio. Launched in 2011 as a medical news and …
Fastlane, Prostor and Runa merge assets to create online health and medicine leader Read More
