Internet

Salesforce Radian6 to cover Russia’s Vkontakte and China’s Weibo

July 19, 2013

Global brands will soon be able to listen to conversations and interact with the users of Sina Weibo and Vkontakte (VK.com) – the most popular Chinese and Russian social networks, respectively – using Salesforce’s Radian6, the US company announced last week. Radian6 will enable its clients to “identify sales leads, implement natural language processing, detect …

Salesforce Radian6 to cover Russia’s Vkontakte and China’s Weibo Read More

Opposition leader Navalny subject of half a million VKontakte posts in one hour

July 18, 2013

Users of Russia’s leading social network Vkontakte.ru (VK.com) published half a million posts about Alexey Navalny in the hour following his conviction today on embezzlement charges. Navalny was mentioned approximately 480,000 times in the hour, with an average 134 posts per second.  The social network only registers such a high level of posts on New …

Opposition leader Navalny subject of half a million VKontakte posts in one hour Read More

Short video making startup Coub.com raises $1 million from Phenomen Ventures and Brothers Ventures

July 18, 2013

Coub.com, a Moscow-based startup launched last year, has just raised $1 million in a Series A round from Phenomen Ventures and Brother Ventures, two emerging Russian funds operating internationally. The startup’s valuation has not been disclosed, but the funds told East-West Digital News they received a minority stake in return for their investments. Coub is …

Short video making startup Coub.com raises $1 million from Phenomen Ventures and Brothers Ventures Read More

Government launches $200 million seed fund to create “nationwide industry of new online projects”

June 14, 2018

Earlier this week the Internet Initiatives Development Fund (IIDF, or FRII in Russian), a government-supported initiative, announced that it started receiving its first applications from individual entrepreneurs from all over Russia. The fund has received no less than 6 billion rubles (approximately $200 million) from state corporations. This huge amount is to be invested in …

Government launches $200 million seed fund to create “nationwide industry of new online projects” Read More

Russian startup received $300,000 in funding to help students apply to foreign universities

July 17, 2013

Last week the startup Westudy.in, intended for Russian high schoolers who wish to study abroad, announced its official launch. Recently the project received $300,000 in seed funding from Mikhail Frolkin, the managing partner of HeadHunter, a leading online resource for Russian job seekers. Westudy.in presents itself as a one-stop shop for people looking for information …

Russian startup received $300,000 in funding to help students apply to foreign universities Read More

Hyperlocal targeting emerges in Russia’s online advertising market

July 16, 2013

Two independent players, eTargeting and Kavanga, have almost simultaneously introduced hyperlocal ad targeting – a technology that provides user location data accurate to less than one kilometer – on the Russian market. While eTargeting employs its own hyperlocal targeting service, Kavanga has partnered with Digital Element to adopt its patented technology called NetAcuity Edge.

International record labels to hold talks over music copyright with VKontakte

July 15, 2013

VKontakte, Russia’s biggest social network also known as VK.com, is keen on negotiating a way for its users to listen legally to the music from the world biggest record labels’ catalogues. Pavel Durov, CEO and founder of VKontakte, told Vedomosti that his company, together with Sony Music, Warner Music and Universal Music, is looking for …

International record labels to hold talks over music copyright with VKontakte Read More

KupiVip, Otto Group, and Ozon turn into e-commerce service providers in a more and more competitive market

August 6, 2017

Three leading e-commerce companies – KupiVip, Ozon, and the Otto Group – have started sharing the fulfillment and other service capacities that they had initially built for themselves. Coming in addition to those of such players as Arvato and Beta Production (fulfilment and warehousing), as well as B2C-PL, CDEK, DHL Global Mail, DPD, and SPSR (delivery), these offers contribute to improving fulfillment conditions in this huge …

KupiVip, Otto Group, and Ozon turn into e-commerce service providers in a more and more competitive market Read More

Office supplies retailer Live Office migrates online and goes public

July 12, 2013

This Monday, St. Petersburg-based Live Office announced the completion of its initial public offering on the Moscow Stock Exchange. The 4 million shares, or 33% of the company’s equity, were offered at 129 rubles (approximately $4) per share, valuing the company at about $47.4 million. Established in 1996, the company claims to serve 7,000 corporate …

Office supplies retailer Live Office migrates online and goes public Read More

Cross-border sales operator Bay.ru launches in-house fulfilment service

July 11, 2013

In a bid to enhance cross-border sales operations from the U.S. to Russia, mail forwarder Bay.ru (Bayru) has launched its own fulfilment service, which it expects to serve half of its delivery operations by the end of the year. Christened Dostami Express, the new service has required as much as $700,000 in investment since the …

Cross-border sales operator Bay.ru launches in-house fulfilment service Read More

Popular Russian social network Odnoklassniki.ru now available in English

July 9, 2013

Last week, Russia’s second most popular social network, Odnoklassniki.ru (Russian for “Classmates”), owned by Mail.Ru Group, launched an English language version. This is the social network’s 10th language option in addition to Russian. At present, Odnoklassniki is translated into English, Moldavian, Georgian, Azerbaijani, Uzbek, Ukrainian, Armenian, Kyrgyz, Kazakh, and Tajik. In an official announcement, Odnoklassniki …

Popular Russian social network Odnoklassniki.ru now available in English Read More

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