Wikimart.ru closed a second round of financing with US venture fund Tiger Global partners, reported Wikimart founders Maxim Faldin and Kamil Kurmakaev yesterday to Russian business daily Vedomosti.
Mobile phone retailer Svyaznoy announced the imminent opening of a department dedicated to Android-supported devices in one of its Moscow outlets. Such departments may appear in other Svyaznoy stores in Moscow and Russian regions as well.
In 2010, advertisers in Russia spent 531 million rubles ($18.3 million) placing video ads on the Russian-language Internet — up 77% from 2009, according to RuTube.ru, a leading Russian video hosting platform.
MICEX, one of the two main Moscow stock exchanges, has opened the IPO Board, a web service dedicated to innovative companies, including those at startup stage. This resource will allow “buyers” and “sellers” to publish their offers and make deals directly.
In a report issued today, Uralsib Capital estimated that Mail.ru Group, an LSE-listed Russian Internet group, is overvalued.
Authorities in Tomsk region have announced plans to allocate $40 million from the regional budget to support innovation sector in 2011. Under plans, the funds are to be used to support start-ups, as well as to finance guarantee, pledge and venture funds.
At an international conference dedicated to ERA-GLONASS held in Moscow yesterday, Russian national navigation services provider Navigation Information Systems (NIS) signed agreements with T-Systems, a German operator of ICT systems, Zatix, a Brazilian tracking company, and Upaya, a Brazilian consultancy.
The Office of the United States Trade Representative (USTR) made public yesterday a list of 30 Internet and physical markets in various countries which “have been the subject of enforcement action connected with counterfeiting and piracy, or may merit further investigation for possible intellectual property rights (IPR) infringements.” Among them are Vkontakte.ru, Russia’s leading social …
Two leading Russian sites blacklisted by US government for piracy Read More
Authorities in the Republic of Chuvashia have announced plans to allocate $63 million to finance a profession education system development program. Under the program, the funds are to be used to set up a chain of modern centers to train professional specialists for high-tech innovation businesses.
VimpelCom, a leading Russian mobile operator with headquarters in Amsterdam, welcomed yesterday the decision of the English Commercial Court allowing its March 17, 2011 shareholder meeting to go forward as planned.
Russian startup yaM Labs attracted $500,000 from Foresight Ventures, a Russian venture fund. yaM is a SaaS application supporting meetings at all stages – from planning to results. The application can be used for any type of meeting, either face-to-face, telephone call, telephone conference or video conference and for any type of user, from individuals …
Gazprom Media and its subsidiary TNT, a Russian television channel, yesterday launched a paid, video-content website named Now.ru. Sony Pictures, Disney, Warner Brothers, Lions Gate, Nickelodeon, MTV Networks, BBC and Playboy Enterprises will provide the portal with top content.
