OZON.ru is often called the “Russian Amazon.” Is that a good analogy? Yes, we have a very similar business model. Like Amazon, we started out selling a large selection of books, then step-by-step branched out into other products. We now have 1.5 million unique products in 12 categories. We are the leader of e-commerce in …
Skolkovo, the state-sponsored innovation hub under construction near Moscow, has selected 28 projects to fund, according to its vice president, Stanislav Naumov, on March 4. He said that by the end of the year, that number will have risen to 116. Important tax and customs exemptions will also be offered.
Authorities in the Republic of Bashkortostan have announced an open auction to sell 60.46% shares in Ufa-based telecommunications systems manufacturer BETO at starting price of $13.7 million. The participants bids are accepted before April 4, and the auction is scheduled to be held on April 8, 2011.
Tele2 Russia, a subsidiary of a European telecommunications holding based in Sweden, intends to invest over 1.25 billion rubles ($43 million) building cellular base stations in Krasnodar region, report regional officials and Tele2.
Notebooks and tablet PCs have become more popular than desktop PCs over the past two or three years, Samsung representative Sergei Ilyushin told Kommersant, a Russian business daily. According to him, tablet computers, which entered the mass market only last year, could displace netbooks as early as 2011.
A handful of mobile and telecom operators in Russia signed a memorandum last week, in the presence of Prime Minister Vladimir Putin, to establish a joint venture for developing an LTE network. The companies involved are VimpelCom, MTS, and MegaFon, the leading Russian mobile operators; Rostelecom, Russia’s national telecom operator; and Scartel, operator of the …
Leading Russian operators could join to create LTE infrastructure Read More
In a meeting with Russian bloggers yesterday, Viktor Vekselberg, president of the Skolkovo Foundation, pledged to “lynch bribers” on the future innovation hub’s territory should any instance of corruption be discovered, reported Vedomosti, a Russian business daily.
According to the Public Opinion Foundation (FOM), a leading Russian poll institute, 40% of Russian citizens (46.2 million) hold one or more bank cards, but only 5% of them use their cards for online payments. Among active cardholders the number rises to 18%.
World leading classifieds platform eBay launched its Russian-language version one year ago, in March 2010, and despite problems surrounding the launch, Russian Internet users appear to like having their own version: the number of registered users increased by 73% in its first year. In addition, Russian users have proven to be the most active buyers …
One year after launch, Russian eBay offers local classifieds Read More
“We rule out, and consider to be utopian, a full integration of Vkontakte into Mail.ru Group,” said Pavel Durov in an open letter published yesterday. Durov, Vkontakte.ru’s general manager and main shareholder, denied holding any discussions about an increase of the Mail.ru Group stake in Vkontakte.ru, Russia’s leading social network.
CountryCom, a Russian telecommunications operator offering a variety of services, announced its launch of an MVNO covering the Moscow regions using the network of Skylink, a leading Russian 3G operator.
Tinkoff Credit System, a Russian bank specializing in consumer credit, and Odnoklassniki.ru, a leading Russian social networking site, have launched a social application allowing users to apply for co-branded credit cards.
