Patriarch Kirill of Moscow and All Russia, the head of the Russian Orthodox Church, can now be contacted through his official Facebook page. The page has generated over 3,000 ‘Likes’ three days since it opened on Tuesday, May 15. Visitors can read the Patriarch’s speeches, learn Church-related news, see photos of Kirill and click on …
Digital River, a US-based software company, has just released a survey of 250 companies across Asia, Europe, North America and emerging countries – including Brazil and India – which operate in the software, gaming software and consumer electronics sectors and generate annual global revenues of $250 million or more. Russia came out on top of …
Global software, games and consumer electronics companies target Russia Read More
Flirtic.com, a dating and matchmaking site that began operating in early 2011, chose Russia as its first step to international expansion beyond its native Estonian market. A beta version of the service is being launched this week to serve users in Moscow, but Flirtic.com has plans to cover St Petersburg, Kiev, and other Russian-speaking cities …
Russia’s e-book market has been growing at a robust CAGR of 120% over the past three years, swelling from 11 million rubles (just under $370,000) in 2008 to 135 million rubles ($4.5 million) in 2011, Russia’s Federal Press and Mass Communication Agency reports in its overview of the national book market’s progress and trends for …
E-books now 5% of market, but pirates still dominate Read More
Fast Lane Ventures, the Moscow-based serial startup developer, has launched an online service called Kommerstate.ru to help commercial real estate market players lease, purchase and sell properties. Started last week, the site is the first of its kind in Russia, according to Fast Lane, and is more than a property database: it “converts a user …
Fast Lane launches online commercial real estate service Read More
The Russian high tech fund New Generation Investment (NGI) announced last week that it will launch a €20 million division dedicated to French startups, the French business daily Les Echos reported. “We are focusing on telecoms, web technolgies and tech-oriented media,” said NGI shareholder Leonid Reiman. France will serve as a testing ground for one …
Russian fund to invest €20 million in French startups as Russian-French tech ties grow Read More
After six years with BCG in Russia, Europe and India, Maëlle Gavet joined Ozon.ru in early 2010 as Marketing and CRM Director. She was appointed CEO in 2011, a year that came as a tipping point for this major online retailer, with a $100 million round of financing in September and, by the year’s end, …
Pinterest.com, the much-hyped social network that defines itself as “an online pinboard,” announced last week its first steps in translating its service into other languages, starting with French, German, Japanese, Portuguese, and Spanish. Pinterest is also pondering other languages, including Russian – which is mentioned between Malay and Swedish on the site’s second priority list. …
Last week, the Russian business daily Vedomosti reported that the Federal Antimonopoly Service (FAS) received a joint request from mobile operator Megafon and WiMAx operator Scartel, which operates under the Yota brand, to authorize a merger. Head of FAS Igor Artemyev stated that the merger could be authorized under the condition that Scartel makes its LTE …
Group-IB, a leading Russian cybercrime investigation company, has just published its 2011 report on the “State and trends of the ‘Russian’ digital crime market.” Russian-speaking hackers – both from Russia and abroad – generated more than one third of the global cybercrime value: they earned an estimated $4.5 billion out of a global “cybercrime market” …
Avito.ru, Russia’s leading classifieds site by brand awareness and number of users, announced today that it has received $75 million in new funding from Baring Vostok Private Equity Fund IV and Accel Partners as well as from existing investors Kinnevik and Northzone. The valuation has not been disclosed, but Avito’s press service told East-West Digital …
Avito.ru secures $75 million from Accel Partners and Baring Vostok Read More
M.Video, a leading consumer electronics retailer, will open a network of outlets in Russian cities of less than 150,000 inhabitants, Telecom Daily reported last week. The limited-surface outlets will extend their restricted on-site assortment through POS electronic terminals that provide local customers with access to the retailer’s full catalog. The first outlet of this type …
Click-and-mortar concepts gain traction among Russian retailers Read More
