296833

KupiVIP launches cross-border e-commerce offer in Kazakhstan
KupiVIP, a major Russian online flash-sales company also operating in Kazakhstan, has extended its cross-border offer to this Central Asian country....
281
0
22 June 2015
Gambling affiliate programs section at RACE 2015
The fourth Affiliate Congress and Expo RACE 2015 will be held on 8-9 October 2015. Conference will simultaneously offer several sections, and one of them is gambling affiliate programs section.  ...
258
0
19 June 2015
Russia and China decoded encrypted Snowden files, MI6 forced to pull spies out of hostile countries, say UK authorities
MI6 has pulled its spies out of ‘hostile countries’ and America’s intelligence agencies are on high alert after Russia and China cracked encrypted files leaked by fugitive whistleblower Edward Snowden. The top-secret documents contain information that could lead to the identification of British and American spies, according to senior officials in Downing Street, the Hom...
245
0
16 June 2015
Russia and Iraq to develop cooperation in the fields of IT and telecommunications
As a result of a meeting earlier this month between the Russian minister of telecommunications and mass media Nikolai Nikiforov and Iraqi ambassador Ismail Mukhsin, the two countries are willing to develop ties in the field of telecommunications, information technologies and postal services....
388
0
16 June 2015
Startup Village: Thousands of entrepreneurs, investors and officials gathered in Skolkovo to “think globally”
Startup Village, a major industry event held last week at the Skolkovo international tech hub, greeted more than 10,000 participants: Russian and foreign entrepreneurs, investors, venture fund representatives and government officials, including Russian Prime Minister Dmitry Medvedev....
225
0
16 June 2015
Ivideon secures $4 million from Impulse VC to take its video-streaming service global
Ivideon, a Russian startup whose cloud platform allows users to beam video to any device using almost any hardware configuration, has just raised $4 million from Russian venture fund Impulse VC....
281
0
8 June 2015
Alibaba opens Russian company, teams up with Skolkovo
Chinese e-commerce giant Alibaba Group has registered a Russian subsidiary as its subsidiary AliExpress expands its hold over the Russian e-commerce market, Kommersant reported last week....
253
0
8 June 2015
Russia, China to equip trucks with Glonass and Beidou
Russia and China are currently working on a joint project to develop “a navigation device with Glonass/Beidou support” to equip commercial carriers crossing Russia’s border with China. These plans were aired last week by Alexander Bondarenko, Head of the Glonass International Projects Department, at a conference in Novosibirsk....
286
0
8 June 2015
Apple iPhone and iPad sales plummet in Russia
Apple has seen the market share of its smartphone in Russia nearly halve year-on-year by number of units sold, as the collapse of the ruble drove up prices, according to a recent report by German market researcher GfK cited by Vedomosti and The Moscow Times....
302
0
8 June 2015
Government-backed accelerator GenerationS aims to stimulate startups within Russian corporations
State-owned fund of funds RVC has launched GenerationS 2015, the second edition of its annual initiative to stimulate innovation in large Russian companies. Corporations associated with this “corporate accelerator” include mobile operator MTS, hydroelectricity firm RusHydro, construction group Morton, national savings bank Sberbank, Johnson & Johnson, and more....
375
0
4 June 2015
Altair Capital invests in New York mobile ticketing startup Rukkus
Illustrating once again the invest-abroad trend among Russian tech investors, Altair Capital, the fund of Russian serial business angel Igor Ryabenkiy, has invested in New York-based Rukkus. Launched in 2013, this startup offers “the easiest way on mobile to find and buy the perfect concert, sports, or theater ticket.”...
254
0
4 June 2015
Roman Abramovich invests $500,000 in Russian-Israeli medical consultation startup
Earlier this week Russian-Israeli startup Medviser announced that it has received half a million US dollars in investment from Roman Abramovich. The transaction was made via an undisclosed entity belonging to the Russian billionaire. It valued the company at $1,7 million post money, with the investor receiving a 30% stake....
454
0
4 June 2015
New technology for bank card protection: breakthrough or scheme of the century?
“A Russian scientist made a breakthrough”: this is how many global media outlets have described the new quantum key protection technology for bank cards developed by Viktor Petrik. The scientist seemingly proposed a brilliant solution for the problem of data leakage. According to Petrik, the magnetic strip and the electronic chips are the weakest link in the bank card securit...
335
0
27 May 2015
Qiwi Venture invests $150,000 in mobile payment app AnyBalance
Qiwi Venture, the investment arm of Russian electronic payment giant QIWI Group, has committed itself to invest an estimated $150,000 in Krawlly, as reported by Russian tech blog Firrma. This Russian startup is developing an Android mobile app, christened “AnyBalance,” that displays in one interface the balances of a user’s bank, mobile or ISP accounts....
296
0
27 May 2015
Social investment network eToro launches in Russia
On Friday last week eToro, which presents itself as the world’s largest social investment network for traders, announced its official launch in Russia with fully localized features and support. Pavel Salas, a former executive at Alfa Forex (Alfa-Bank), GKFX and Alpari, has been appointed as head of the Russian office....
295
0
25 May 2015
New Yandex browser offers rich search suggestions while “protecting user privacy”
Yandex unveiled yesterday new features of its Yandex.Browser, now in beta testing, including a “high privacy level” for its users. Unlike other browsers, says the Russian company, the private version of Yandex.Browser does not send users’ information to the developer by default: “We do not get any stats or browsing data.”...
315
0
25 May 2015
On the steps of Amazon: Russian data center Selectel launches “Virtual Private Cloud” storage service
Selectel, a major commercial data center operator in Russia, has just launched the “Virtual Private Cloud” (VPC) — an offer that it says is new in Russia but inspired by the models of Amazon Web Services, Microsoft Azure and Rackspace....
299
0
25 May 2015
InVenture Partners analyst Alexander Dadashev: “Russia has once again lost its appeal for international venture capital investors”
As a result of the international tensions, Western venture capitalists that traditionally looked at Russia have found themselves in an uncomfortable position over the past year. The Russia label has become a stigma in the eyes of a large part of them, making international funding and development more difficult for local startups....
283
0
25 May 2015
Ten Russian students awarded at Intel international contest
Last week Russian high school students’ projects in the sphere of mathematics, chemistry, programming, materials science and engineering were awarded with six Grand Awards and three Special Awards at the 66th International Science and Engineering Fair, Intel ISEF. The final stage of the contest took place in Pittsburgh, USA....
282
0
25 May 2015
Russian-made GPS dog tracker spots your pet’s location and monitors obesity
A group of Russian developers has come up with a gadget that many dog owners have been dreaming of. Spotty, a sleek 4.5-centimeter aluminum chip attached to a dog’s collar, identifies a pet’s location using GPS coordinates and a 3G modem, monitors its physical activity with the help of accelerometer and transfers real-time data to the owner’s smartphone through an iOS or Android ...
299
0
25 May 2015
May 20-22: Meet top researchers, innovators and entrepreneurs in Nizhny Novgorod
Lobachevsky University, the largest university in the Nizhny Novgorod region, is announcing KomTech-2015, a sizable innovation-focused event to be held between May 20 and 22, 2015....
287
0
25 May 2015
Are Facebook moderators “pro-Russian?” Ukrainian president and Facebook founder involved in online controversy
Is Facebook’s moderation team pro-Russian? Ukrainian president Petro Poroshenko and Mark Zuckerberg in person got involved in the controversy last week after thousands of Ukrainian users accused the social network of taking down or blocking posts and accounts from Ukraine....
519
0
18 May 2015
Could recognition software be the next frontier in Russian snooping?
Much like British authorities, who use closed-circuit TV devices throughout London, Moscow deploys cameras to keep a watchful eye on its populace. And it is the next generation of such video surveillance that has inspired the work of British-based photographers Adam Broomberg and Oliver Chanarin: What would the consequences be if cameras didn’t simply document, but could actively recognize f...
286
0
18 May 2015
Qiwi acquires payment operators Contact and Rapida
Yesterday Qiwi, a major, NASDAQ-listed Russian payment operator, announced the full acquisition of SAER, a holding company that owns the Contact money transfer system and the Rapida payment processing system. Under the terms of the agreement, QIWI will issue 5,593,041 class B shares to the current owner, Russian financial group Otkritie....
292
0
18 May 2015
Retail analytics solution provider RetailNext secures giant funding round for global expansion
Earlier this month RetailNext, a global provider of retail analytics solutions with Russian connections, secured $125 million in growth funding. The company intends to use the new funding to strengthen its presence in North America, Europe and Asia, pursue relevant strategic acquisitions, and grow in new markets....
257
0
18 May 2015
Russia starts blocking websites selling banned Western food
Russia’s Prosecutor General’s Office has blocked access to three websites selling imported food as it strengthens control over the illegal sale of select Western goods sanctioned by Russia, newspaper Izvestia reported Tuesday....
294
0
18 May 2015
Ahead of Apple: Russian-Canadian startup launches connected watch to measure and manage stress
Last month Darta Systems, a Russian-Canadian biomedical startup, launched the Emvio Watch, a gadget that “measures stress and makes everyday stress management easier ” In contrast to ordinary fitness bands, the device lets users know when they overreact to such negative situations as disagreements with people, waiting in line or bad news....
274
0
18 May 2015
Cross-border e-commerce: Adapting payment options to Russian online consumers
In a cross-border market that is still growing fast, reaching around $4 billion in 2014 for physical goods, the Russian payment issue is to be considered carefully by foreign online retailers. ...
258
0
18 May 2015
Controversial post by Russian LGBT activist: VKontakte more liberal than Facebook
Facebook has deleted a post by Russian LGBT rights activist Lena Klimova, where she published images of people who have sent her death threats, Russian opposition-minded online publication Meduza reported....
300
0
18 May 2015
Russian startups mature, but need more tenacity, says Finnish Skolkovo executive
Russia’s high-tech startups are getting better by the year, but innovators need to be more persistent to commercialize their solutions, said Pekka Viljakainen, advisor to Skolkovo president Victor Vekselberg....
267
0
18 May 2015
Russia’s best Twitter parody accounts
Twitter has blocked a satirical account ridiculing Igor Sechin, the powerful head of state-owned Russian oil giant Rosneft and a long time confidant of Russian president Vladimir Putin. The account, @Igor_Sechin, was blocked inside Russia after the state media watchdog Roskomnadzor complained to Twitter that it violated Russian privacy laws....
305
0
12 May 2015
Wikimart co-founder and CEO Maxim Faldin: “Virtually all Russian legitimate e-commerce companies are unprofitable”
Launched in 2008 by Stanford graduates Maxim Faldin and Kamil Kurmakaev, Wikimart had the initial ambition of creating a Russian analog of eBay. Funded initially by major US investment funds, then by Russian investors, the startup has now become a major marketplace offering its own products alongside nearly 2 million items from over 1,000 merchants....
248
0
12 May 2015
Mobile operators’ revenues from content services fell by 20% in 2014 due to more restrictive legislation
Operators’ revenues from content services in Russia in 2014 decreased by 20% in comparison with the previous year, reaching $950.4 million, according to a report by AC&M-Consulting cited by ComNews....
259
0
12 May 2015
Russia moves to unseat Apple, Samsung and others from domestic market
The Russian Ministry of Industry and Commerce has come up with a new plan that outlines steps for Russia to have its own tablets, smartphones, laptops and desktop PCs by 2020 already....
259
0
12 May 2015
June 4-5: Top executives and experts to discuss Russian and global e-commerce trends in Moscow
East-West Digital News is proud to announce the upcoming e-Days E-Commerce Conference, Russia’s first internationally-oriented industry event. The second edition edition of this annual event will be held in Moscow on June 4 and 5, in association the chambers of commerce of France and Great Britain and online marketing agency BuzzFactory joining EWDN as co-organizers and partners....
253
0
12 May 2015
iTech Capital invests $2 million in Ukrainian-Russian mobile marketing startup Clickky
Moscow-based venture fund iTech Capital announced today it has invested $2 million in Clickky. Operating globally from its headquarters in Odessa, this Ukrainian-Russian startup has developed a comprehensive mobile app marketing platform with in-house proprietary technology for user acquisition, traffic monetization and performance analysis....
288
0
12 May 2015
Russia launches two major internationally-oriented tech funds
Two initiatives that confirm the Russian government’s commitment to support the country’s high-tech industries were announced this month. The first was the creation of a 5 billion ruble (approximately $100 million) tech fund by RVC, the state-owned fund of funds dedicated to innovation, in partnership with Da Vinci Capital Management, a major internationally-oriente...
302
0
12 May 2015
Loyalty program, mobile payments, personal data storage: AliExpress to conquer Russian e-commerce on all fronts
Over the past few weeks, AliExpress has multiplied initiatives to strengthen its leadership on the Russian e-commerce scene. The Chinese giant has teamed up with Russian online bank Tinkoff Bank to launch a co-branded loyalty program....
266
0
12 May 2015
Yandex announces Q1 2015 financial results
Moscow and Amsterdam, Netherlands – Yandex (NASDAQ: YNDX), one of Europe’s largest internet companies and the leading search provider in Russia, today announced its unaudited financial results for the first quarter ended March 31, 2015....
255
0
12 May 2015
Roman Abramovich invests $15 million in Israeli startup Music Messenger
As reported by Reuters, Russian billionaire Roman Abramovich has invested $15 million in Israeli startup Music Messenger, leading a $30 million round which also involved Benny Andersson from pop band ABBA, artists David Guetta, Will.i.am and Avicci, and Gee Roberson, manager of Nicki Minaj....
242
0
28 April 2015
Last-minute booking app HotelTonight enters Russian market
HotelTonight, a mobile booking application that helps travelers reserve hotel rooms at the last moment, is coming to Russia, the US company announced via Twitterearlier this month.  ...
265
0
28 April 2015
Moscow Seed Fund and Life.Sreda invest in microcredit scoring technology
Earlier this month Moscow Seed Fund, the venture arm of the Moscow city authorities, and Life.Sreda, a Russian fintech fund, announced they brought in 12 million rubles (approximately put $240,000 at the current exchange rate) in Scorista.ru....
268
0
28 April 2015
Mail.ru Group grows more slowly throughout the crisis, focuses on mobile and video advertising
Yesterday Mail.ru Group, a leading, LSE-listed Russian Internet Group, released its annual report for 2014 and provided the final audited segment financial information for the year ended 31 December 2014 and preliminary revenue update for Q1 2015.  ...
281
0
28 April 2015
Skolkovo fortifies trade ties between Russia and Argentina
Skolkovo played a pivotal role this week in building trade bridges between Russian and Argentina, entering a dozen startups in a bilateral Moscow business forum held as part of Argentine President Cristina Fernandez’s official visit to the capital.  ...
277
0
28 April 2015
Twins from Yakut village make millions on online games
The Ushnitsky twins were born in Yakutia in a village in northeastern Siberia, where winter temperatures can drop to minus 60 degrees Celsius. Their game – The Secret Society – has been installed 15 million times from the App Store, Google Play and social networks....
253
0
28 April 2015
KupiVIP acquires footwear retailer Sapato.ru
KupiVIP, a major Russian online fashion group, announced today the acquisition of footwear retailer Sapato.ru and its 6-million client base from the Ozon group. Neither the amount nor the completion date of the transaction are disclosed....
268
0
23 April 2015
In 2014, TMT Investments injected $4.3 million in 15 companies
Founded by Russian businessmen, LSE-listed fund TMT Investments stands as one of the most active Russian-backed funds operating internationally....
276
0
21 April 2015
New York startup “opens the world of fragrance” – with a touch of Russian love
Perfume lovers now have an easy and affordable way to access a supply of over 350 top designer fragrances, including Dolce & Gabbana, Versace, Hermes, Gucci and Marc Jacobs. By subscribing to Scentbird.com, they will receive a new fragrance each month ”in a sleek and beautiful purse-sized spray,” the startup promises....
281
0
21 April 2015
Kaspersky opens representative office in Singapore
Last week Kaspersky Lab announced that it opened a new office in Singapore. The Russian IT security solution provider is now represented in 31 countries on five continents....
284
0
21 April 2015
Industry leaders to discuss Russian and global e-commerce trends at Moscow conference
East-West Digital News is proud to announce the upcoming e-Days E-Commerce Conference, Russia’s first internationally-oriented industry event. The second edition edition of this annual event will be held in Moscow on June 4 and 5, in association the chambers of commerce of France and Great Britain and online marketing agency BuzzFactory joining EWDN as co-organizers and partners....
298
0
17 April 2015