Russian online travel market still appealing to investors

Illustrating the appeal of the Russian online travel market — which is estimated at $3.8 billion last year — an industry conference and startup contest will take place on April 28 in Moscow.


The event, christened Travel Up!, is organized by Qiwi Universe, the startup acceleration program of Russian payment giant Qiwi, in partnership with two business angel clubs — Venture Club and the Skolkovo Business Angel Club. It will be hosted by API Moscow, the startup incubator launched in 2013 by the city authorities.


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