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RADWIN COMPLETES MOSCOW METRO DEPLOYMENT - THE LARGEST WI-FI ONBOARD TRAINS PROJECT IN THE WORLD
RADWIN (www.radwin.com), the leading provider of train-to-ground wireless communications solutions, today announced the completion of the onboard Wi-Fi deployment for the Moscow Metro. RADWIN’s FiberinMotion® train-to-ground solution was chosen by MaximaTelecom - the system integrator and service provider - to deliver high-speed Wi-Fi services onboard Moscow Metro. The world&rs...
308
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10 March 2015
Cross-border e-commerce: Are Western players losing Russia?
Until recently, a number of Western online retailers of all sizes enjoyed growing popularity among Russian customers, who appreciated their diversified assortment and virtually tax-free purchases. Among the most popular product categories were clothing, consumer electronics and gadgets as well as automobile parts....
290
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9 March 2015
Russia’s weirdest applications
RBTH has already written about useful applications, such as the ones that will keep you from getting lost in Russia. In this piece we will highlight some of the most unexpected and unique apps created by Russian programmers....
285
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9 March 2015
Maëlle Gavet steps down as Ozon CEO
Yesterday Ozon Holdings, one of Russia’s most established players on the Russian e-commerce scene, announced that Maëlle Gavet, its French-born CEO since 2011, is moving on from the company....
352
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9 March 2015
Telepresence robot developer receives $160,000 in grant and investment
Russian company Wicron has attracted 5 million rubles (approximately $80,000 at the current exchange rate) of investment from Ashmanov & Partners, a leading Russian web and SEO agency. The transaction took place in December 2014, but was announced only last month....
278
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5 March 2015
Russian operators CDEK and SPSR fight to break postal monopoly on China-to-Russia e-commerce shipment market
Led by Alibaba’s B2C subsidiary AliExpress, Chinese online retailers have gained a significant share of the Russian e-commerce market over the past two years. Of the 70 million orders that were shipped by foreign online retailers to Russia last year, more than two-thirds came from China, according to estimates cited in EWDN’s lastmarket research....
269
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5 March 2015
India and Russia agree to finance joint innovation projects
Investors are ready to plow up to $20 million into joint startup projects between India and Russia, the Skolkovo Foundation reported last month....
276
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5 March 2015
Pearson inks deal with Russian online education platform ‘Azbuka’
Russian online education platform ‘Azbuka’ will soon offer customers access to electronic textbooks from global publishing firm Pearson. Based in London, Pearson is the world’s largest educational publisher, with its textbooks used by more than 100 million people worldwide....
298
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5 March 2015
French Tech launches Russia tour to showcase France’s best startups
La French Tech, a government-led initiative that aims to stimulate and promote France’s startup ecosystem, is launching a Russia branch....
315
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2 March 2015
Yandex predicts user ‘churn’ for one of the world’s most popular online games
Customer loyalty and satisfaction is crucial in community-based gaming, where every single player matters, and devoted, experienced gamers are especially valuable for the game. The Yandex big data unit, Yandex Data Factory, took game churn prediction – knowing how many gamers are likely to leave the game – to another level....
287
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2 March 2015
Runa Capital invests €3 million in Finnish open source database solution provider MariaDB Corp.
Last week Runa Capital, a venture firm operating globally from its offices in Moscow and San Francisco, announced a €3 million investment in MariaDB Corporation, a global software vendor specializing in high availability, high performance and highly scalable open source database solutions....
267
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2 March 2015
Midemlab contest 2015: A call to Russian startups
In partnership with East-West Digital News, Midem, the leading international b2b event dedicated to the new music and entertainment ecosystems, cordially invites Russian startups to the Midemlab competition. This event will take place in Cannes, France, from June 5 to June 8. The deadline for submissions is March 10, 2015....
302
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2 March 2015
Russia’s SBT Venture Capital leads $6.5 million round for Canadian payment technology provider Mobeewave
Earlier this month SBT Venture Capital, the venture arm of Russia’s national savings bank Sberbank, led a $6.5 million investment round for Mobeewave, a Canadian startup that develops fast and secure NFC mobile payment acceptance services. Business angels also participated in the round, but their identity has not been disclosed....
279
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2 March 2015
Mail.ru Group says headhunter sale in doubt as Russia’s recession dampens revenue growth
Russian Internet group Mail.ru said on Thursday the sale of its recruitment sitemight not be completed after the company saw an economic downturn constrain ad spending....
345
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2 March 2015
Moscow-based fund Buran Venture Capital contributed $8.5 million to Shazam’s latest funding round
Buran Venture Capital, a Moscow-based, internationally-oriented venture fund, appears to be among the backers of Shazam, which raised $30 million this past January in a funding round that valued it at over $1 billion....
317
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26 February 2015
Innovating on the Pacific: Skolkovo branch planned for Vladivostok
The Skolkovo Foundation may open a representative office in the Pacific port city of Vladivostok, the head of its space cluster, Sergei Zhukov, was quoted as saying on Wednesday....
275
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26 February 2015
Apple’s Siri to speak Russian
Apple’s mobile voice-activated assistant Siri will be fully fluent in Russian as part of Apple’s March release of its newest smartphone software, industry website 9to5Mac reported....
281
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26 February 2015
Context ad technology startup K50 valued at $5 million in deal with AddVenture
Russian venture fund AddVenture has invested an undisclosed amount in K50, a Moscow-based startup which is developing an optimization and analytics solution for the contextual advertising market. The deal valued the startup at $5 million. K50′s founding team, which previously financed the startup, will retain a controlling stake....
293
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26 February 2015
Automated navigation robot developer secures $3 million in Series A round to develop internationally
RoboCV, a Moscow-based startup developing autopilot solutions for vehicles and industrial equipment, has just raised $3 million in a Series A round....
291
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26 February 2015
Russia’s first TV channel and VKontakte agree legalization of video content
In yet another step in VKontakte’s strategy to legalize its content, the social network has reached an agreement with Channel One, Russia’s first TV channel. The broadcaster will provide the rights to broadcast its programs and popular shows in exchange for a share of advertising revenues....
271
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26 February 2015
Three ways Russian culture matters online
After recently speaking at iDate Conference 2015 and reviewing the Russian Online Dating market, I had to follow up with a blog on some of the key takeaways some of the attendees were particularly interested to learn....
288
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26 February 2015
‘Future Academy’ blends online and offline to bridge Russian, US educational systems
Last month the fledgling Russian online education industry saw the launch of a new, internationally-oriented project. Using both online and offline teaching methods, The Future Academy offers fully accredited secondary education programs to Russian kids 12 to 17 years of age....
281
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26 February 2015
Russian fintech fund Life.Sreda acquires Southeast Asian mobile acquiring startup iboxPro
Life.Sreda, a Russian fund investing in financial and mobile technologies, has acquired iboxPro, a leading Asian mobile point-of-sale service, and intends to merge it with its Russian portfolio company LifePay....
291
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26 February 2015
QIWI launches new accelerator Universe 2.0
QIWI Venture, the investment arm of Russian electronic payment giant QIWI Group, has launched a new acceleration program, Universe 2.0. Like its predecessor, the program is intended to facilitate the quick launch of pilot projects which are looking to work in partnership with the company....
307
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26 February 2015
Yandex says Google shutting others out from Russian Android devices
Russian Internet giant Yandex has requested that Russia’s Federal Anti-Monopoly Service investigate Google for violating Russian legislation, news agency RIA Novosti reported on Wednesday....
258
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26 February 2015
Russian cross-border consumers complain most about marketing inaccuracies and returns
According to new research conducted by Teleperformance, a global outsourcing specialist in segments such as customer service and technical support, complaints of Russian consumers towards cross-border e-commerce companies center primarily on failed marketing obligations, returns queries and currency conversion processes....
282
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26 February 2015
Maxfield Capital invests in 3D printing startup Zdravprint
Maxfield Capital, a venture fund operating globally from its offices in Moscow, New York City and Tel Aviv, has invested an undisclosed amount in Zdravprint, a Russian startup that develops medical 3D-printing technology....
306
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26 February 2015
Yandex announces fourth quarter and full-year 2014 financial results
Moscow and Amsterdam – Yandex (NASDAQ: YNDX), one of Europe’s largest internet companies and the leading search provider in Russia, today announced its financial results for the fourth quarter and the full year ended December 31, 2014....
283
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25 February 2015
Russian air plane tickets market industry report Q1 2015
Overall, user queries for air tickets rose from 19% to 25%. Travel queries in Moscow are heavily dominated by air ticket queries. Meanwhile, in non-capital regions interest in hotels correlates with interest in package tours....
310
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25 February 2015
Russian-made iPhone 6 clone costs only $199
A Russian smartphone with the exact same dimensions as Apple’s popular iPhone is now on sale, the phone’s developer announced on Tuesday....
289
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25 February 2015
Russian firm combines gaming and digital TV in new device, calls developers’ participation
Russia’s GS Group, an internationally oriented Russian tech company whose key activities include developing technologies for digital TV, has unveiled a prototype of a device that combines the functionality of a game console and a digital HD receiver. The company has called out the gaming community to unite in driving this technology forward....
286
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25 February 2015
Russian man sues Google for reading his private emails
A Russian man has filed a lawsuit against search giant Google, accusing it of violating his privacy by showing him advertisements based on comments made in private e-mails....
273
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25 February 2015
International private equity firms Siguler Guff and CapMan invest in Russian educational test preparation company
Siguler Guff and CapMan, two international private equity firms, announced last week an investment in Maximum Education, a major Russian provider of educational test preparation services, in exchange for “a significant minority stake.”...
263
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25 February 2015
Morgan Stanley report uses questionable methodology to claim Google has surpassed Yandex in Russia
According to a report released last week by Morgan Stanley, Russian mobile and web users are increasingly favoring Google over local search engine Yandex. Referring to polls taken between 2012 and 2014, Morgan Stanley analysts assert that the US search engine overtook Yandex in popularity in 2014....
260
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25 February 2015
Moscow readying to host MATE Expo 2015
The Moscow Application & Technology Expo (MATE Expo) 2015 is back in the Russian capital this spring. The international exhibition will showcase tech segments such as mobile, augmented and virtual reality, the Internet of Things, wearable technology, consumer electronics for medical use, and the connected car....
310
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25 February 2015
Russian venture fund Life.Sreda seeks to sell assets amid first signs of severe industry contraction
Russian fintech fund Life.Sreda is seeking buyers for the greater part of its portfolio companies, both Russian and foreign, Russian business daily Vedomosti has learned from unnamed industry insiders. The fund intends to concentrate on the development of its most promising project, mobile acquiring startup LifePay....
542
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13 February 2015
After Bolshoi, Google wants to digitalize the Kremlin
The interiors of the Bolshoi Theater have become the most recent addition to Google’s initiative to digitally record the world’s art. On Feb. 10, the theater’s administration and the Google Cultural Institute unveiled a virtual 3D tour of the historic building, its new stage and three digital exhibitions from the collections of its museum....
301
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11 February 2015
Yota clinches contract to sell its smartphone in China
The Russian manufacturer of smartphones Yota Devices has found a partner to enter the Chinese market, as reported by Russian business daily Kommersant. The new partner, Potevio, is one of the largest local distributors of mobile electronics....
331
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11 February 2015
Russia to pay local devs to migrate apps to Tizen, Sailfish
The U.S. mobile ecosystem duopoly has been the big story of tech for the past six-plus years. And continues to be mobile’s unshakeable reality — with Android and iOS collectively cutting themselves a 96 per cent share of the device market (per Gartner figures for Q3 2014)....
305
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10 February 2015
Two Russian women electrocuted after using iPhone 4 in bathroom
A 24-year-old woman has died in Moscow after reportedly being electrocuted by a smartphone charger after her iPhone 4 fell into the bathtub....
286
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10 February 2015
Google’s Startup Launch Program extended to Russia
Google plans to launch its Google Startup Launch program in Russia, reported Russian tech blog Firrma.ru....
286
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9 February 2015
IXcellerate appoints Roman Linin as CFO
Moscow – IXcellerate, Russia’s premier carrier-neutral data centre operator, is pleased to announce the appointment of Roman Linin as Chief Financial Officer, joining COO Dmitry Fokin and CEO Guy Willner....
290
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9 February 2015
Yandex purchases software tool for taxis
Yandex is purchasing Ros.Taxi, a software program for the management of taxis. It allows taxi businesses to take orders, coordinate and lead the work of drivers. Included within the Ros.Taxi brand is a mobile application called Taximeter, which determines the cost of a journey and provides drivers communication with dispatchers....
309
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9 February 2015
Netology secures third funding round in a year
Netology Group, a major Russian online education platform, announced last week that it raised $2.1 million from Buran Venture Capital and InVenture Partners....
283
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9 February 2015
Russian advertising market to slowdown in 2015, but online remains a growth area
As the Russian economy braces itself for a recession in 2015, belt-tightening measures by Russian businesses are set to include significant advertising budget cuts. In a much more result- and value-oriented advertising environment, companies will look more to online and contextual models, rather than traditional mediums such as TV....
319
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4 February 2015
KupiVIP general manager Vladimir Kholyaznikov: “Cross-border now exceeds 25% of our total volumes and we expect strong growth in 2015″
Launched in 2008 by Oskar Hartmann, a German entrepreneur born in the former Soviet Union, KupiVIP quickly became Russia’s leading flash sales site in the field of fashion. When the cross-border e-commerce market emerged in Russia, the company lobbied against what Hartmann called – with some justification – “duty-free e-commerce.” But KupiVIP also launched its own cro...
286
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4 February 2015
Spotify cancels Russia launch for “foreseeable future”
Popular music streaming service Spotify has canceled plans to open offices and launch their service in Russia, just one year after registering a subsidiary in Russia....
269
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4 February 2015
Austria’s S&T AG announces major Russian investment plan
The board of directors of Austrian IT-provider S&T AG has approved an investment plan which will see it pump tens of millions of euros into Russian companies in 2015. The plan was announced by S&T Vice-President Alexander Malshakov, responsible for the company’s business in Eastern Europe....
504
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4 February 2015
The Besen Group Congratulates Google being the Most Disruptive MVNO in the US
The Besen Group, an international mobile data industry management consulting practice headquartered in the Washington DC area, with representatives in Paris and Tokyo, congratulates Google for launching the most disruptive MVNO in the US, relying on recent media articles indicating Google signed a wholesale agreement with Sprint and T-Mobile US to launch an MVNO in 2015....
281
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2 February 2015
Ukrainian-Russian startup Preply enters Polish market
Preply, a platform to find foreign language tutors for home or Skype lessons, has just entered the Polish market with a localized version of its website....
374
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2 February 2015