Pavel Durov, founder and shareholder of Russia’s leading social network, Vkontakte.ru, referred to LSE-listed Mail.ru Group as a “trash holding” on Twitter last Friday. The message was accompanied by an explicit picture of his “official answer to Mail.ru Group’s last attempt to absorb Vkontakte.”
Russia’s leading WiMax provider Scartel, working under the Yota brand, announced last week the launch of Yota Play, an video on demand (VOD) service accessible from Samsung and LG TV sets, Samsung’s blu-ray players and home entertainment systems, as well as from regular computers with an Internet connection.
The CapMan Russia fund, in collaboration with Belgian investment company Gimv NV, announced last week it has provided an undisclosed amount of growth capital to Expert Photo, a leading provider of online and offline photo related services in Russia.
Prominent Russian-American businessman Leonard Blavatnik has invested $9.5 million in Get Taxi, an Israeli-based mobile taxi-booking company, together with Get Taxi’s founders, which include Shahar Smirin, a former executive at Comverse in Russia.
NetHope, an association of international humanitarian organizations, USAID, and the Demi & Ashton Foundation (DNA) have called upon software developers from Russia and Eastern Europe to design innovative mobile applications to help stop human trafficking.
Muscovites will be able to vote in the 2016 elections through the Internet. “We will be technologically ready to conduct electronic elections in 2016 and we will offer such opportunity,” the head of the city’s information technologies department Artem Ermolaev told Russian news agency RIA Novosti.
Leading consumer electronics online retailer Utinet.ru was introduced this week on MICEX, one of the two Moscow stock exchanges. The company’s bid book, which was open from July 5 to July 19, was oversubscribed by nearly 230% at the upper band of the price range – 195 rubles, or almost $7 per share – the …
First ever online retailer issues IPO on Moscow stock exchange Read More
Russian authorities are not ruling out the establishment of customs fees on imported hardware equipped with GPS navigators not supported by the Russian national satellite navigation system GLONASS. “Currently the fee is zero. There are plans to introduce customs fees for GPS equipment that is notoriented to GLONASS GPS. It is possible that [the customs …
Russia considers imposing customs fees on GPS receivers without GLONASS support Read More
Begun, a leading Russian advertising network acquired by Google in 2008, announced earlier this week that its contextual ad service now operates on Android and iPhone mobile applications.
London – MTS, a leading Russian mobile operator, has launched a commercial mobile TV service covering the entire country. Known simply as Mobile TV or MTS TV, it offers viewers eight Russian federal channels and over 100 channels from 17 countries and in 26 languages.
French retailer Auchan has announced plans to develop AuchanAuto stores, a new retail format similar to the Auchan Drive system in France, Russian business daily Kommersant reported. Clients will pre-order groceries via the Internet and pick up their purchases in the store without leaving their car. Auchan’s goal is to give out purchase in less …
Authorities in Nizhny Novgorod, Russia’s fourth largest city, have announced plans to launch wireless Internet Wi-Fi free for users on the central streets of the city, the Business Monitoring Agency reports citing Head of city administration Oleg Kondrashov.
