Yandex increases display advertising rates by 28%

In a move illustrating growing demand on the Russian online advertising market, Yandex announced its rates for display advertising will increase next year by an average of 28%, Russian business daily Vedomosti reported yesterday based on exchanges with advertising agencies. Yandex confirmed the news as well as the fact it revises its display advertising rates …

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François Esculier: “The global battle for digital leadership is raging in Russia.”

Former Mail.ru Group Executive Vice President Global Operations François Esculier has gained a seat on the Board of Directors of luxury private shopping club CollectionPrivee.ru. He recently shared with East-West Digital News his vision of the global integration of the Russian Internet, speaking his mind on the management issues domestic players faced as well as about …

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MegaFon revives OTT project

The Russian mobile operator MegaFon has revived an OTT TV project that had previously been frozen earlier this year. The news was given by Denis Nochevnov, the company’s director of new technologies and services, and quoted by AKTR and Digit.ru. Work on the OTT project, which also involved the software company Netris, began in 2010 …

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RTP Ventures announces four new investments in US startups

RTP Ventures, the recently created US arm of the Russian venture fund Ru-Net, announced yesterday it made no less than four investments in the last two months, including two infusions of seed funding and two Series A investments. RTP Ventures invested in Tinfoil Security, a website security solution provider, Cake Health, which offers solutions to …

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GlobeCast adds satellite capacity in Russia and the CIS countries with Yamal-201

Paris, December 1st, 2011 – GlobeCast announces today the expansion of its satellite capacity overRussia and the Commonwealth of Independent States (CIS) with a new Ku-band platform on the Yamal-201 satellite. Offering significant opportunities to penetrate the cable market throughout the CIS, GlobeCast’s capacity provides full coverage of this area to regional and international channels.

International high tech guest stars at Moscow convention to encourage aspiring entrepreneurs

The scent of Silicon Valley wafted in the air on Tuesday at the Russian Youth Innovation Convention in Moscow. In addition to gathering over 800 aspiring entrepreneurs from all over the country, the event attracted such international celebrities as Apple co-founder Steve Wozniak, Gmail creator Paul Bucheit, Angry Birds founder Peter Vesterbacka and Virgin Galactic …

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Yandex video search launched on Czech search engine Seznam.cz

Russian search giant Yandex took yet another step towards international expansion yesterday, announcing that Seznam.cz, the largest web search engine and information portal in the Czech Republic, had launched a video search service using its technology.

Beeline TV reaches 500,000 subscribers

The Russian IPTV platform Beeline TV, which is owned by leading mobile operator Vimpelcom, now has over 500,000 subscribers. Launched in Moscow in May 2009 and currently present in 34 large Russian cities, its take up has grown five-fold in less than a year. Beeline TV has proved to be a driver for the company’s …

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Russian mobile content market to reach $1.8 billion in 2011, smartphone apps on the rise

The Russian mobile content market could reach as much as $1.8 billion this year, according to a report from consulting company J’son & Partners quoted by news agency RIA Novosti. The figures includes ringback tones and other audio content for $766 million, mobile applications for smartphones for $355 million – up 106% from 2010 – …

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Mail.ru seeking Mail.ua domain to offer services in Ukrainian language

Mail.ru Group, a leading Russian Internet group listed on the London Stock Exchange, is in negotiations with Internet Invest Group, Ukraine’s largest web hosting service provider, for the rights to the mail.ua domain name. The deal is expected to be completed at the end of this year or early next year. This domain will be …

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After China: DST eyes Indian Internet firms

Russia’s leading international Internet fund DST Global has begun to look at Internet companies in India for potential investment, according to Indian online investment publication VCcircle, citing “sources familiar with the development” earlier this month. DST opened its Asia office in Hong Kong earlier this year. It also invested in Chinese e-commerce leader 360buy.com and …

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