Mobile & Telecom

Disney enters new Russian venture

Russia’s MTS and Channel One have joined forces with Disney to create an interactive TV service aimed at children. According to MTS, it is integrated into the series ‘After School’ and combines the capabilities of mobile internet and TV.

Russian Internet, telecom and bank giants experiment with Square-like payment systems

Last month, Yandex.Dengi (Yandex.Money), the electronic currency division of the Russian search giant Yandex, started testing a smartphone-based bank card payment terminal in Moscow taxis, in partnership with SellbyCell, a specialized solution provider. This new payment method, named ‘Yandex Kassa,’ is available to any Visa or MasterCard card holders, and does not require users to …

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Russian video sharing startup ClipClock secures $2.5 million from Runa Capital.

ClipClock, a Russian video sharing startup,  announced yesterday a $2.5 million funding by Runa Capital, a Moscow-based venture fund operating internationally. The investment will be used to develop advanced functionalities, increase the startup’s user base, and prepare global expansion.

Softline Venture Partners invests in mobile app developer community

Softline Venture Partners told East-West Digital News that it has just invested $500,000 in Apps4all, a company that carries a community of Russian mobile app developers with a variety of media, event, training, research and advertising activities. The terms of the deal were not disclosed. A $20 million fund, Softline Venture Partners is the venture …

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ShoppingPlus teams up with LG for Smart TV shopping

Shopping platform ShoppingPlus, a copycat of Germany’s KaufDA and a competitor of Lokata.ru on the Russian market, is experimenting with connected TV, having made its service available to users of LG’s Smart TV. Just like Lokata.ru, ShoppingPlus shows the products currently sold in stores and their prices, as well as special offers. It also lists …

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Russian online tracking system tested in New York City buses

Doroga.tv, a startup based in Nizhniy Novgorod, has received permission from the Metropolitan Transit Authority (MTA) in New York on a test launch of software it has developed for the online tracking of city buses, Venture-News.ru reported last week. If the test is deemed successful, the system could become a permanent feature of the city’s transport resources. …

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1C acquires business mobile app developer Agent Plus

1C, Russia’s leading publisher of entreprise software, has acquired a 51% stake in Agent Plus, a developer of corporate mobile solutions, for an undisclosed amount. The two companies will create a joint venture for R&D and commercialization purposes, Russian IT portal CNews.ru reported last week. Agent Plus was established in Astrakhan, Southern Russia, in 2004. …

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Mobile internet to trigger the Russian telecoms market

The Russian telecommunications market is growing fuelled by investments of mobile operators and broadband internet access services expansion. It is now expected to cross the value of €31 bn in 2012. Further 3G-LTE development is outstripping WiMAX and CDMA. According to the latest report by PMR, a market research company, the value of the telecommunication …

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Goldman Sachs walks away from Megafon’s imminent IPO

Goldman Sachs announced on Tuesday that it has pulled out of a role as lead bank on an initial public offering by Megafon, one of Russia’s top mobile operators, scheduled for Nov. 1 simultaneously on the London and Moscow stock exchanges. According to the Financial Times, the Goldman’s decision followed recent statements by Megafon’s main …

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