Social networks & apps

‘Doctor At Work’ secures $1 million from Bright Capital

June 29, 2012

Bright Capital, a major Russian venture fund operating internationally, announced last week its investment in Doktornarabote.ru (‘Doctor At Work’), Russia’s leading physicians’ community with nearly 80,000 registered practitioners. The fund offered $1 million in exchange for a minority stake in the startup online community, reported CNews.ru, a Russian IT news portal. Released in March 2010, …

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Facebook acquires Face.com; shareholder Yandex may get stake in US social giant

June 19, 2012

After weeks of rumors, Israeli face recognition startup Face.com officially announced yesterday its acquisition by Facebook. The exact terms of the deal were not disclosed, but two unnamed sources familiar with it told AllthingsD that the price was in the neighborhood of $60 million. The amount is significantly below the $100 million that had been rumored previously, but almost three …

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Odnoklassniki to launch English version

June 19, 2012

Odnoklassniki.ru, the second largest Russian-language social networking site, will soon be available in English. The decision was announced yesterday by Alexander Izryadnov, an executive at the Mail.ru Group, the LSE-listed Russian Internet group that is the site’s sole owner. “Odnoklassniki is used in 229 countries around the globe, the Pitcairn Islands being the sole exception,” …

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Physicians’ portal MirVracha secures $1.4 million from Japanese investors

June 8, 2012

MirVracha.ru, a major Internet portal for physicians and medical students, has completed its first round of financing, totaling $1.4 million. The round was led by Japanese fund UMJ Russia, which received a majority stake, with the participation of M3 Inc., a Japanese company offering innovative web solutions for medical professionals and the life sciences industry, …

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Gala Records ends litigation vs. Mail.ru Group

June 1, 2012

Gala Records, Russia’s first private music record label, has withdrawn six legal claims it earlier advanced against Mail.ru Group for alleged rights infringement and instead inked a license agreement with the leading Russian Internet company, the Russian business daily Vedomosti reported on Monday, citing direct exchanges with the two companies’ spokespersons. Under the terms of …

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Vkontakte’s IPO “postponed indefinitely;” shareholder Mail.ru Group yields control to founder

May 30, 2012

“No IPO is being planned. Facebook’s IPO has destroyed the trust of many individual investors in social networks, so [our] IPO is postponed indefinitely,” Vkontakte’s founder and co-owner Pavel Durov tweeted on Monday, answering a Russian journalist’s question. Durov had expressed his IPO intentions a mere five months ago at the DLD tech conference in …

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Police drop the ball on copyright complaint; culprit remains unidentified

May 30, 2012

In yet another investigative deadlock only too common for cybercrime cases in Russia, Moscow police have suspended what could have become a bellwether inquiry into a copyright infringement offence, Russian business daily Vedomosti reported earlier this week, citing an official police source. A 27-year-old Muscovite has been suspected of having “replicated and disseminated” 18 copyrighted music …

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Russian social gaming market nearly tripled in 2011

May 29, 2012

According to Mail.Ru Games, in 2011 the total social gaming market in Russia reached $236 million, which is 180% higher than in 2010. Such impressive growth was accompanied by redistribution of the income: developers’ and social networks’ share has increased, while earnings of payment systems decreased. The Russian social gaming market is booming at an …

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Siberian local review service Flamp.ru now serves Moscow

May 21, 2012

Flamp.ru, a consumer review website that appeared one year ago in the Siberian cities Novosibirsk and Krasnoyarsk, followed by a launch in Ekaterinburg in the Urals, announced last week it now covers the Russian capital. Not only do Flamp.ru users review local businesses like cafés, museums and theaters, they can also post comments about banks, …

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Russian Orthodox Patriarch joins Facebook

May 18, 2012

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 …

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Pinterest.com considers Russian-language version – as local copycat reaches 250,000 members

May 7, 2012

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. …

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Odnoklassniki.ru continues expansion outside Russia

April 25, 2012

By the end of this year, Odnoklassniki.ru, a leading Russian social networking site, will offer localized versions to its Uzbek, Armenian, Georgian and Moldavian audiences. The news was announced yesterday by Alexander Izryadnov, an executive at the Mail.Ru Group, the LSE-listed Russian Internet group that owns the website.

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