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Mail.ru Group co-founder Dmitry Grishin: “There’s no more a global Internet”

December 6, 2016

While travelling to Moscow, Bloomberg’s Ashlee Vance hanged out with Dmitry Grishin, the co-founder of Mail.ru Group.  Grishin — whom Bloomberg presents, with some exaggeration, as “the oligarch who built Russia’s Internet,” —  recalled a few moments of his life since he was born in Kapustin Yar One, a top secret Soviet military city. The businessman …

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Russia set to become Blablacar’s largest market in 2017

November 12, 2020

Blablacar’s activity in Russia has reached a “phenomenal level,” said its co-founder and CEO Nicolas Bruisson in a recent interview with French business daily Les Echos. “Our concept is popular there, there was a demand but little competition,” Bruisson said. He expects Russia to become his company’s number one market, even before France, in 2017. The French …

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Russian VC Leonid Boguslavsky keeps supporting portfolio companies across the world, but is cautious about entering new markets

November 7, 2016

Exemplifying the globalization of Russian venture capital, Ru-Net has made a variety of investments in the USA, Europe and Asia, mostly in the field of e-commerce. While continuing to support its portfolio companies, the fund does not intend to enter new markets, said its founder Leonid Boguslavsky, a figure of the Russian venture scene, in a recent interview with the …

Russian VC Leonid Boguslavsky keeps supporting portfolio companies across the world, but is cautious about entering new markets Read More

Mail.ru Group co-founder Dmitry Grishin steps down as CEO, replaced by VK head Dobrodeev

October 27, 2016

A changing of the guard is afoot at Mail.ru, the Russian Internet giant that owns the country’s most popular email service; Russia’s Facebook equivalent Vkontakte; messaging service ICQ and a number of other properties. Co-founder Dmitry Grishin has announced that he is stepping down as CEO, to be replaced by Boris Dobrodeev, the current CEO of …

Mail.ru Group co-founder Dmitry Grishin steps down as CEO, replaced by VK head Dobrodeev Read More

Chronopay General Director Jeroen Smit: “The move ‘from brick to click’ has started to pick up pace in Russia and is developing fast”

October 16, 2016

Founded in 2003, ChronoPay was one of the first to enter the online payment market in Russia. In this exclusive interview, the company’s general director Jeroen Smit shared his view on the Russian e-commerce market and its appeal to international e-commerce companies. He also commented on the consequences of the legal matters which involved Chronopay’s founder Pavel …

Chronopay General Director Jeroen Smit: “The move ‘from brick to click’ has started to pick up pace in Russia and is developing fast” Read More

Russian tech billionaire Kaspersky caught in cyber Cold War crossfire

September 30, 2016

Eugene Kaspersky, the Russian founder of the global software security firm, insists he is non-partisan in a new Cold War that increasingly utilises cyberwarfare to interfere with national politics. In an interview with bne IntelliNews, Kaspersky says allegations that Russia was behind a recent attempt to sabotage Hillary Clinton’s bid for the US presidency was …

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Tolstoy goes digital

September 27, 2016

Leo Tolstoy’s descendent, Fekla Tolstaya, continues her digital revolution as she finds new ways to bring the works of her ancestor and other Russian classics online. In doing so, she is transforming the way people can consume and share classical literature all over the world. “The original idea was inspired by the words of my …

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Google and Yandex are ”key threats” to banks, says Sberbank’s CEO

September 26, 2016

The head of Russia’s biggest bank, Sberbank, has named online giants such as Google and Yandex as the ”key threats” to the company. Sberbank CEO German Gref warned that traditional banks are set to lose out as increasing amounts of money are being transferred online through services such as Facebook and Yandex Money. “The problem …

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Short-term loans: The limits of Google’s global search monopoly

September 27, 2016

In July Alphabet, the holding company that controls Google, suspended placement of contextual ads for 60-day loans in the AdWords advertising service. The announcement of this decision in May caused a storm of protest in the financial community in the USA. Commenting on the ban, the search engine refers to some research which shows that …

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Ozon not profitable yet, but expects fast growth and still considers Western IPO 

September 4, 2016

Ozon.ru, one of the most established Russian online retailers, — sometimes dubbed, with some exaggeration, ‘the Russian Amazon,’ — saw its sales grow by 20% year-on-year in the first seven months of 2016. The figure was disclosed by Danny Perekalsky, the site’s CEO, in exchanges with Rambler News Service (RNS) and East-West Digital News. “We’re satisfied with …

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Andrej Bievetski of SAP Labs: “SAP certification may help Russian startups enter completely new markets and access our enormous client base”

August 5, 2016

When multinational corporations work with small startups, it’s always a two-way process, believes Andrej Bievetski, managing director of SAP Labs in the CIS, the local R&D arm of the German software giant. Bievetski, who has been working for SAP for 17 years, took over the running of SAP Labs in March, and a major part …

Andrej Bievetski of SAP Labs: “SAP certification may help Russian startups enter completely new markets and access our enormous client base” Read More

Russian teenager’s venture fund gives hope to child entrepreneurs

August 3, 2016

Denis Shelestov, a 17-year-old schoolboy from the small town of Elabuga in Tatarstan, already has several successful startups under his belt. Now he has launched the investment company Shelest Ventures with Kazan business angel Ramilem Ibragimov. All of the company’s $15,000 are partners’ personal money, and Denis plans to invest it in startups created by other children. Shelestov believes children can create …

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