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Seedstars invites innovation lovers to Nur-Sultan, Kazakhstan (Nov. 20-22)

October 10, 2019

Seedstars, the leading emerging market startup community and investor, has chosen Nur-Sultan, the capital of Kazakhstan previously known as Astana, to host a Regional Summit of Central Eastern Europe and Central Asia during three days in late November 2019.  Presenting itself as “a catalyst to facilitate the best business and investment opportunities in the region,” …

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How Russia’s law against insulting the government online has been enforced in its first half year

October 1, 2019

On March 29, 2019, a new law took effect in Russia to punish those who express “disrespect toward the government on the Internet.” A fine for that offense was added to Russia’s existing list of administrative penalties for small-time disorderly conduct. The human rights group Agora compiled a report on the first 180 days of …

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Russia begins installing tools to isolate national Internet in case of a threat

September 24, 2019

The Russian Internet and telecom regulator, Roskomnadzor, has begun to install tools in Internet service providers’ networks that will allow the agency to cut off Russian web traffic from the rest of the world in case of a cyber threat to the Russian Internet as a whole. Roskomnadzor head Alexander Zharov told the TASS news agency that …

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Ivi.ru receives $40 million from top Russian and foreign investors

September 16, 2019

A group of top Russian and foreign investors have injected $40 million into ivi.ru, Russia’s largest online video platform in terms of revenue. The transaction, which was announced in June, has just been completed, RBC reported last week, citing exchanges with the company and one of the investors involved. “This investment will give an impetus to …

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Russian home cinema startup raises $2.9 million to continue its international success story

September 5, 2019

In late August Multibutik announced it secured 190 million rubles (approximately $2.9 million at the current exchange rate) from the Far East High-Technology Fund. The news was reported by the Russian business daily RBC, which cited exchanges with company representatives. The term of the deal have not been disclosed. Also known as Cinemood, this Moscow-based startup has developed …

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Free Online Webcam Dating Sites

October 25, 2019

Welcome to , best place to connect with hot cam girls online. It’s another site that is powered by Chaturbate so the models are all working for tips or trying to get you into a private chat. Even those women who become cam models of their own free will take on serious risks associated with …

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What you need to know about Facebook’s Libra, the next-coming cryptocurrency giant

August 6, 2019

In association with leading international publications, East-West Digital News presents a series of expert analysis and thought leadership pieces to shed light on global e-commerce and e-payment trends and prospects. This article by ThePaypers offers an analysis of Facebook’s Libra project, its business goals, technical background and implications for users and the payment industry.  On …

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Sberbank’s alliance with Mail.ru Group puts its partnership with Yandex under question

November 12, 2020

In a move that could have far-reaching strategic implications, Mail.ru Group and Sberbank – two giants of the Russian Internet listed on Western exchanges – yesterday announced a joint venture project to develop ride-hailing and food delivery activities. This is the first-ever cooperation of that type between these two companies, the Mail.ru Group press service …

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Two acquisitions this week: Mail.ru Group gets “high spirits” in gaming and niche leader in adtech

July 20, 2019

This week Mail.ru Group, the LSE-listed Russian Internet giant, announced almost simultaneously two acquisitions: that of acquired Belarusian game studio Swag Masha through its gaming branch My.Games and that of Russian content & ad recommendation service Relap.io. Acquiring “an idea and high spirits” Founded in May 2018 and based in Minsk, Swag Masha is a small game …

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Sberbank invests in PayZakat, a payment system that helps Muslims collect alms

November 12, 2020

Sberbank, the state-controlled financial giant in Russia, is going to acquire 25% stake in PayZakat, the bank stated without disclosing the financial details of the deal.  This Moscow-based startup has developed a payment platform to help Muslim users collect obligatory and voluntary alms. With the help of PayZakat’s bots in social networks, Muslim users can calculate their …

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Mail.Ru Group invests in e-ticketing service, gaming firm

June 5, 2019

Mail.Ru Group, the LSE-listed Russian Internet giant, has enlarged its product portfolio by purchasing, through its subsidiaries, stakes in Moscow-based Ticketing Platform and Helsinki-based game developer Panzerdog. On May 22, Mail.ru Ltd, a fully-owned subsidiary of Mail.ru Group, purchased a 27.08% stake in Ticketing Platform, Rusbase reported. The amount of the deal was not disclosed. The …

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