Kaspersky Lab, the leading Russian IT security company, is shelving its IPO plans and wants to buy back the 20% stake it sold to a private equity investor a year ago, announced founder and CEO Eugene Kaspersky. With cyber-threats today increasingly aggressive and constantly evolving, Kaspersky thinks his company “must be as flexible as possible …
Onetwotrip.com, the rising star of the Russian online travel industry, intends to go public “as early as next year, once sales approach $1 billion a year,” CEO Petr Kutis told Bloomberg last week. The startup claims to have generated $306 million in gross sales last year, including $112 million in the last quarter alone. In …
Onetwotrip prepares for international expansion, plans Western IPO in 2014 Read More
A new Vietnamese-language search engine, developed by Russians, was launched last week – almost two years after the idea for the project was first floated and a tentative launch date of April 1, 2011 had been announced. The search engine, christened Côc Côc (which stands for “rat-a-tat” in Vietnamese) is now up and running, and tailored …
The Russian Post and its Italian counterpart Poste Italiane are considering launching an online offer of apparel and footwear from small and mid-sized Italian producers, the business daily Kommersant reported, based on an exchange with the Russian Post. “A detailed business plan, drafted [in conjunction] with our Italian colleagues, along with a study of the …
Russian and Italian postal services to bring Italian fashion to Russian online shoppers Read More
St. Petersburg, Russia – Released by i-Free Innovations, a leading Russian mobile game and app publisher, on 24 January 2013, Mushroom Wars RTS rocketed to No. 4 of the best-selling iPad apps in the US and No. 5 in Germany in less than a week and #1 Strategy in the US and other countries. The mobile edition …
Russia’s search giant Yandex has decided to withdraw Wonder, its new voice-activated search application for social networks, from Apple’s App Store, following Facebook’s decision to block it, rendering the app largely irrelevant. Launched just six days ago, Wonder retrieves and displays relevant data from Facebook or other social network content. As The Next Web noted, …
Yandex puts Wonder on hold after Facebook blocked access to social data Read More
Cooliris, a California based publisher of mobile apps for “immersive media experiences,” launched yesterday an international version for Russia. With its photo sharing platform Yandex.Fotki (Yandex Photos), Yandex, the Russian search giant, was chosen as a local photo hosting partner. This integration enables Yandex.Fotki’s 10 million users to browse, experience and share all of their …
Social photo discovery service Cooliris partners with Yandex for Russian market Read More
Ecwid, a leading provider of social commerce solutions based in Ulyanovsk, Russia, and US social commerce pioneer Payvment, have announced that Payvment will refer its 200,000 Facebook merchants to the Ecwid platform. The move comes as a consequence of the acquisition of Payvment by Intuit, a Silicon Valley software publisher. Intuit was essentially interested in …
Russian social commerce solution provider Ecwid asserts leadership on Facebook Read More
Russia’s Zeptolab and AlterGeo were honored last week in Berlin at the finale of The Europas, a contest for technology startups that attracted over 1,000 companies this year from all over the world. The two companies have been judged as the “Best Russian Startups,” with Zeptolab getting two additional awards – the Best Gaming or Social …
ZeptoLab and AlterGeo walk away with top awards at The Europas Read More
Rambler-Afisha, an Internet group owned by Russian tycoon Vladimir Potanin’s ProfMedia holding, is seeking to attract an investor in Begun, a context advertising company which it fully acquired just months ago. In an exchange with the Russian business daily Vedomosti, Rambler-Afisha General Manager Nikolai Molibog confirmed that co-investment with a third-party was being considered in order …
For a long time, the Russian IT business had been most prominent in the country’s two capitals – Moscow and St. Petersburg. Lately, though, a surge of startup companies has been observed in a number of smaller cities, as well. One example is Yekaterinburg. The city is home to such projects as online accounting platform …
Startup from the Urals reinvents neighborhood communities Read More
Russian search engine Yandex has confirmed in a statement that its just-released Wonder app has been blocked by Facebook. The social recommendation tool that draws information from users of Facebook, Instagram, Foursquare and Twitter in the US was only online for some three hours before Facebook blocked access to its API. “We confirm Wonder app …
