Regions & cities

AliExpress Russia invests in regional marketplace KazanExpress

AliExpress Russia, a leading cross-border and domestic e-commerce platform in Russia, has invested in a major regional e-commerce company, KazanExpress, acquiring a 30% stake. The amount of the transaction was not disclosed but, in an exchange with Kommersant, KazanExpress co-owner Linar Khusnullin refered to an amount of “several billions of rubles” (dozens of millions of …

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Thousands of blockchain and cryptocurrency aficionados expected to meet in Moscow (April 21-22)

Blockchain Life 2021, a major live forum on blockchain, cryptocurrencies and mining, will hold its 6th edition on 21-22 April in Moscow’s Music Media Dome. Thousands of participants are expected to come. This year, attendees will hear Artem Kalikhov (Waves), Murodjon Khamraev (Bitmain), Rauan Khassan (TradingView), Sergey Khitrov (Listing.Help), Anatoly Radchenko and others. The program will cover such …

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Fashion and e-commerce leaders discuss market, tech and sustainability at Moscow event (March 2)

The 4th edition of Fashion Tech Day, Russia’s leading conference on fashion retail tech and e-commerce, will be held in an offline and offline format in Moscow Expocenter. More than 2,000 participants are expected, including hundreds attending the physical event. Co-organized by East-West Digital News, the event will involve a variety of fashion brands, retailers …

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Moscow ranks #3 among cities of the world for anti-Covid innovations

StartupBlink has just ranked cities of the world by the number and quality of anti-covid innovative solutions. In the list, which includes 80 cities from 31 countries, Moscow ranks third — behind San Francisco and New York City, but ahead of such major cities as Toronto, Tel Aviv, London, Taipei and Paris.  Among Moscow’s innovative …

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Russian tech amid the pandemic: Impact and response

Since the COVID-19 shockwave hit Russia in March 2020, East-West Digital News has been following closely the impact of the pandemic on the country’s tech industries. These articles highlight the best of Russian innovators’ response to the virus, the high-tech approach of the authorities to manage the crisis, online retailers’ reaction to demand surge, and …

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Moscow is testing flying taxis

Earlier this month in the Russian capital, air mobility startup Hoversurf started testing its Hover drone taxi, a flying vehicle that can transport passengers and cargo, ‘Popular Mechanics’ magazine reports. The drone taxi is the size of a standard sedan car (5 m x 1.6 m), says TASS news agency, citing the press service of the Moscow city …

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Russian truck giant Kamaz aims to scout startups across the world

Kamaz, the Russian truck giant (part of the state-owned Rostec corporation), and Pulsar VC, an established Russian venture firm, announce an international startup scouting partnership focusing on mobility and IoT. The companies said they will “jointly search for new markets in the transport sector and attract investment in start-ups.” They may also consider “creating a …

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Moscow startup receives $4 million from state funds to develop high-tech prostheses

Motorica, a Moscow-based high-tech prosthetic startup, has attracted 300 million rubles (some $4 million at the current exchange rate) from two major government funds: the sovereign wealth fund RDIF and the Far-East High Technology Fund. The news was reported yesterday by business publication RBC, which cited exchanges with the Far-East fund’s press service.  Touting itself as “the only company in the world to make …

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Moscow Metro launches contactless instant payment service with support from Google and Mastercard

Moscow Metro has partnered with VTB, a leading Russian financial institution, and Google to launch a new payment service.  Users with the Google Pay payment service and a Mastercard card can now instantly pay for their metro ride: they just need to hold their smartphone above the reader at the turnstiles.  In the near future, the new …

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Moscow Covid-19 patients affected by huge data leak

Just days after its anti-covid digital solutions were awarded at a prestigious nationwide contest, the Moscow mayor’s office admitted that some 300,000 Moscow Covid-19 patients were affected by a huge data breach. The incident was revealed by online publication Readovka, according to which not only patients’ full names, but also their address details and Covid-related medical …

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Moscow City’s anti-Covid digital solutions awarded with ‘Runet Prize’

Yesterday Moscow City’s digital solutions aimed at combating the Covid-19 pandemic were awarded with a ‘Runet Prize‘ in the ‘Technologies vs Coronavirus’ nomination.   The Runet Prize is among Russia’s main industry awards, aiming to single out the most remarkable initiatives for the development of the Russian Internet. This year, the prize will be presented for the 17th …

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Moscow government experiments AI in local healthcare system

Launched almost a year ago, a Moscow city experiment to use artificial intelligence and computer vision technologies in the local healthcare system has involved more than 20 solution providers offering 38 services. The city authorities intend to involve even more providers, medical organisations and doctors, and develop new AI use cases. The city also aims …

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