Internet

Mail.Ru Group ahead of Yandex and Vkontakte in race for traffic leadership

September 26, 2013

Last month the LSE-listed Russian Internet giant Mail.Ru Group reached 59.3 million Internet users, which corresponds to 56.1% of the corresponding population (12-64 year olds from all over Russia). The figure, provided by TNS, includes all of the group’s web properties, including the Mail.ru portal and webmail service (56.99 million users), social networks Odnoklassniki.ru and …

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Interior design startup InMyRoom.ru raises $500,000 to develop photo-driven e-commerce

September 25, 2013

InMyRoom.ru, a Moscow-based startup that promotes home decor items, has just raised half a million dollars. The startup was launched one year ago and allows Internet users to buy interior furnishing and accessories based on attractive photos. The startup’s valuation has not been disclosed, but “both parties are happy with it,” the startup’s founder Ivan …

Interior design startup InMyRoom.ru raises $500,000 to develop photo-driven e-commerce Read More

Russian and European pirates unite

September 24, 2013

A certificate on the incorporation of a United Pirate Party of Europe was signed on September 4 in Luxemburg. Representatives of 14 piracy movements from Germany, Sweden, Finland, Norway, France and Russia joined the party. According to its manifesto, prepared back in July, the main focus of the newly created party will be fighting for transparency …

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Retargeting’s first steps in Russia

September 24, 2013

Targeting and retargeting have been used by marketers from the USA and Western Europe for more than 10 years. Although these technologies only started to be used Russia about two years ago, they quickly gained popularity. Russia’s e-commerce growth rate is one of the highest in the world, but customer acquisition and loyalty remain costly …

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IDCEE 2013: Kiev meeting point for US tech veterans, Eastern European startups, global VCs – and Brazilian guitar players

September 24, 2013

Since its inception in 2010, Kiev’s IDCEE has asserted itself as the leading tech event for Central and Eastern Europe’s investors and startups (see last year’s report by East-West Digital News). A rare phenomenon in such events, investors – coming from all parts of Europe and from as far away as the USA and India …

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Russia’s MTT launches Skype-like VoIP app with international ambitions

September 23, 2013

MTT, a Russian telecom group owned by VTB and former telecommunication minister Leonid Reiman, announced last week the launch of a Skype-like VoIP application named ‘Beam.’ The company stated it had invested 100 million rubles (approximately $3 million) in the project, which is based on MTT’s own VoIP platform for call rerouting, billing, and integration …

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iTunes has become the driver of Russia’s digital music market

September 20, 2013

Apple’s iTunes store dominates digital music sales in Russia, according to a study by AC&M Consulting. The iTunes store already accounts for one third of the online music market in Russia, less than one year after launch. The online store’s sales may reach up to 634 million rubles (around $19 million) in 2013. Yandex.Music and …

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Yandex launches image-based search and streamlines targeting for ad campaigns

November 19, 2014

Yandex, Russia’s search giant, now enables its users to surf the web for images that are similar or identical to the ones that they have uploaded. The Russian news agency RIA Novosti reported last week, citing Alexander Krainov, who is in charge of Yandex’s computer vision technology department, that users can now enjoy this function …

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Western web analytics provider AT Internet strikes up a strategic partnership with eTargeting to enter Russian market

September 19, 2013

Paris and Moscow – AT Internet, a major player in the field of Web Analytics and Online Intelligence, and eTargeting, Russia’s leading multichannel media company specializing in online advertising and digital marketing solutions, announce a strategic business partnership together. eTargeting has become the official representative of AT Internet in Russia. AT Internet aims at strengthening …

Western web analytics provider AT Internet strikes up a strategic partnership with eTargeting to enter Russian market Read More

PayPal launches in Russia while Russian e-currencies go global

July 6, 2015

Yesterday PayPal became available to Russian users for domestic operations with the ruble as its 26th currency. The international payment company started serving Russian users in 2006. So far, however, Russians could only use PayPal on foreign sites and via other currencies. Furthermore, they could not withdraw their money from PayPal account to Russian banks.

US game publisher Valve expands cash payment network throughout Russia and neighboring countries

September 18, 2013

Valve, the creators of a number of best-selling games, has selected Payelp Global, a subsidiary of St. Petersburg-based payment aggregator and solution provider Dengi Online, to help gamers from Russia and neighboring countries make purchases on game platform Steam. As cash is the primary method of payment in Russia and CIS countries, consumers use cash-in kiosks …

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Budget mobile phone maker Fly launches online sales in Russia

September 17, 2013

Last week, Meridian Group, an Indian manufacturer of budget smartphones and tablets, opened an online store in Russia. The group’s Fly brand phones, smartphones, and tablets will be sold on the new site. Since the beginning of 2013, the Fly brand has released more than 15 new smartphone models in Russia, and the company will …

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