Global streaming music service Deezer launches in Russia with few competitive advantages

December 20, 2011

Paris based international streaming music service Deezer launched its Russian language version yesterday with few visible signs of adaptation to the local market. Russia is the latest region for Deezer’s internationally deployed service. Deezer CEO Axel Dauchez expects revenues from online music on the Russian market will increase at least two fold each year over …

Global streaming music service Deezer launches in Russia with few competitive advantages Read More

Svyaznoy launches in-house TV network

December 20, 2011

Last week, major Russian mobile phone retailer Svyaznoy announced the launch of an in-house TV network. ‘Svyaznoy TV’ offers news, reports, and reviews of the retailer’s products and services as well as entertainment, corporate information, and advertising from Svyaznoy’s partners. Svyaznoy TV is currently featured in more than 900 stores across Russia, with an expected …

Svyaznoy launches in-house TV network Read More

Rostelecom, Sitronics and Mastercard issue first bank card with e-government access

December 19, 2011

Russia’s national telecommunication operator Rostelecom and Bank Saint Petersburg announced last Thursday the issue of their first co-branded bank cards with microchips containing the electronic signature of the cardholder. Certified by the FSB, Russia’s Federal Security Service, the cards are being produced in partnership with Mastercard and Sitronics, the largest producer of microelectronic devices in the …

Rostelecom, Sitronics and Mastercard issue first bank card with e-government access Read More

Megafon and Visa present new virtual payment card

December 19, 2011

Major Russian mobile operator Megafon and global payment card giant Visa presented the Megafon-Visa Online Card last week. Megafon subscribers need only send an SMS request to receive the virtual card, which allows them to pay for any goods or services offered online using the money available on their mobile account.

New shareholders to invest $100 million in Yota Del Peru

December 19, 2011

Russia’s leading WiMax provider Scartel, working under the Yota brand, has sold 100% of its stake in Yota Del Peru, a subsidiary it created in 2010 with Multinet Group, a discrete Russian company operating 4G networks in African and Asian countries, among other telecom activities. The acquiring parties included ICT Group, one of the largest …

New shareholders to invest $100 million in Yota Del Peru Read More

Siberian game publisher Questli attracts Swiss and German money

December 17, 2011

Questli, a startup from Novosibirsk, Siberia, has raised an undisclosed amount from Zurich-based venture capital firm Redalpine and individual investors from Switzerland and Germany, industry blogger Yakov Sadchikov reported yesterday. Questli’s award-winning treasure hunting games combine crowd-sourced quests, location-based services and couponing. Founded by Danila Kozyatnikov in April 2011, the startup initially received CHF 200,000, …

Siberian game publisher Questli attracts Swiss and German money Read More

Russian companies demonstrate growing presence in Southeast Asian Internet markets

December 16, 2011

A Russian made search, news and advertising portal named Wada will be launched in Vietnam in a matter of weeks. It has been developed by Ashmanov & Partners, a leading Moscow web agency, in association with the Russian financial group Finam and Kazakhstani real estate developer Kusto. Although the initial investment in the Wada project has amounted …

Russian companies demonstrate growing presence in Southeast Asian Internet markets Read More

St. Peterburg startup aims to set a new global standard for online résumés

December 15, 2011

Created from the ground up less than half a year ago, ResumUp has suddenly assumed a presence on the Russian startup scene. From a “pretty obvious idea” – building infographic résumés using data from social media profiles – ResumUp aims at no less than “setting a new standard in career management, online and social recruiting,” …

St. Peterburg startup aims to set a new global standard for online résumés Read More

Glonass completing global coverage, Russian government to invest $11 billion in the system by 2020

December 15, 2011

Launched 35 years ago as an alternative to the American GPS and other international navigation systems, Russia’s national radio-based satellite navigation system Glonass is now completing its satellite constellation, bumping the number of operational satellites up to 24 in order to offer continuous coverage anywhere in the world, officials from the Russian Federal Space Agency (Roscosmos) …

Glonass completing global coverage, Russian government to invest $11 billion in the system by 2020 Read More

Ecwid completes first venture funding from Runa Capital, announces Silicon Valley, London presence

May 22, 2020

Mountain View, CA – Ecwid Inc., producer of the world’s first platform-neutral, drop-in store builder widget – which can be easily embedded into any website, blog or social network page in minutes – has announced its Series A round of venture funding and the planned opening of its first United States and United Kingdom offices. Ecwid is based …

Ecwid completes first venture funding from Runa Capital, announces Silicon Valley, London presence Read More

Viadeo teams up with Sanoma Independent Media to launch Russian version

December 14, 2011

Viadeo, a global professional social network with over 40 million members, and Sanoma Independent Media (SIM), Russia’s leading glossy magazine publisher, announced yesterday a joint venture agreement to develop Viadeo’s network in Russia. The deal will combine the local strengths of SIM asset Rb.ru, one of Russia’s top business websites with a powerful professional community …

Viadeo teams up with Sanoma Independent Media to launch Russian version Read More

EPAM rescheduled its IPO to Q1 2012

December 13, 2011

EPAM Systems, an offshore software developer with major R&D centers in Russia, Belarus, and Ukraine, has rescheduled its IPO to Q1 2012, Reuters reported yesterday. In June 2011, the company filed with US regulators to raise up to $100 million in an IPO of its common stock. At the time of filing, EPAM announced its …

EPAM rescheduled its IPO to Q1 2012 Read More

Scroll to Top

This site is under maintenance. Sorry for the inconvenience.

This site is under maintenance. Sorry for the inconvenience.