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JD.com launches Russian site as first step to global expansion
Last week JD.com, China’s largest online retailer, launched a Russian version of its platform with the stated goal of conquering a 20% share of the Russian e-commerce market....
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29 June 2015
Skolkovo and IBM team up to “extend the healthy productive lives of patients with cancer and other age-related diseases”
Last week IBM signed a memorandum of understanding with Skolkovo, the international tech hub under completion on the outskirts of Moscow, the First Oncology Research and Advisory Center (FORAC), a resident of Skolkovo’s biomedical cluster. The three partner will develop a personalized medical platform in Russia in a joint strategic, technology and commercial collaboration effort....
2114
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29 June 2015
Booking.com confirms commitment to “important Russian market,” gets prepared to comply with personal data storage law
Earlier this month, Booking.com announced that it will comply with Russia’s new law on personal data storage. The global online travel operator will soon transfer all data from the country’s users to a local data center, Russian business daily Kommersant reported....
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29 June 2015
No smoking, please: Russian mobile health technologies
In June 2015 Russia launched the comprehensive project BrosayemKurit.rf (translation: Let’s Quit Smoking). The country celebrated World No Tobacco Day on May 31 with the release of another mobile application, “Smoke Free Area.”...
2754
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29 June 2015
Fintech startup IQcard claims 1 billion ruble monthly turnover, receives new capital injection
Last week IQcard, a startup offering prepaid cards and monetization instruments for retailers’  loyalty programs, has raised an undisclosed amount from Finteca Holdings, a new fintech fund investing in Russia and Eastern Europe....
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29 June 2015
Russian startup contest expands to Serbia, Turkey and UAE
This year Startup Sabantuy, a Kazan, Russia-based startup contest, went as far as Belgrade and Novi Sad (Serbia), Istanbul, and Dubai, in addition to a range of Russian cities, to find and support promising startup together with investors....
1938
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22 June 2015
US-Russia Peer-to-Peer Dialogue Program: Harvard researchers to discuss online media and politics this week in Moscow
This week the Center for New Media & Society will host their colleagues Rob Faris and Bruce Etling from the Berkman Center for Internet and Society at Harvard University for a number of joint events in Moscow....
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22 June 2015
Russian funds Altair and GVA LaunchGurus invest in US startup 1World Online
Earlier this month 1World Online, a US startup founded in 2011 by Russian entrepreneur Alexey Fedoseev, announced the completion of an equity financing A2 round of $2.5 million....
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22 June 2015
Yandex transfers professional network Moi Krug to Thematic Media
Russia’s search giant Yandex has “handed over” Moi Krug, a major professional social network which it acquired back in 2007, to Thematic Media (TM), a publisher of several online tech publications. The transaction was confirmed earlier this month by a Yandex representative to business daily Vedomosti, but no details of the deal have been disclosed....
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22 June 2015
Amid crisis, key Russian e-commerce players claim continued growth
Amid the economic turmoil of this and last year, the Russian online retail market is still appealing in many respects. This consensus emerged from the eDays e-commerce conference, an internationally-oriented event which was held for the second time in Moscow on June 4 and 5....
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22 June 2015
Market experts and tech innovators shared their visions of the future at international e-commerce conference
In its second edition on June 4 and 5, the eDays e-commerce attracted nearly 250 top executives and high-level professionals, some of them joining the event from as far as France, Estonia, Spain, Sweden, the UK and Ukraine....
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22 June 2015
The White Nights Conference: 1,200 mobile and social game developers and marketers expected in St. Petersburg
An international mobile and social game development and marketing conference, The White Nights Conference will open its doors for the seventh time on 26-27 June in St. Petersburg....
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22 June 2015
Panasonic opens R&D center in Skolkovo
Earlier this month Panasonic opened its R&D center in Skolkovo, the international tech hub under completion on the outskirts of Moscow, following an agreement signed in December 2014....
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22 June 2015
UK logo startup launches in Russia following requests “from tens of thousands of local entrepreneurs”
Yesterday Withoomph launched its service in Russian language – along with Brazilian Portuguese, French, German, Italian and Spanish, – providing Russian businessmen with an inexpensive way of getting a professional logotype via an instant online procedure....
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22 June 2015
Geolocation startup Meanwhile raised $100,000 from individual investors
Meanwhile, a Russian startup that has created a mobile interface to “offer a simple and convenient access to all local information,” secured $100,000 from unnamed individual investors. The deal took place in late 2014, but was revealed only last week by Russian tech blog Firrma.ru....
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22 June 2015
Hearst Shkulev Media acquires regional online media network Rugion
Hearst Shkulev Media (HSM), a major Russian media group co-owned by Hearst Corporation, has acquired a controlling stake in Rugion, a network of city sites across Russian regions, in a bid to strengthen its existing regional activities. No details of the transaction have been disclosed, but Russian business daily Vedomosti learned from “a source close to one of the parties&rdq...
2233
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22 June 2015
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....
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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.  ...
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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...
2076
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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....
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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....
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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....
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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....
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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....
2146
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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....
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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....
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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.”...
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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....
2804
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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...
1491
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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....
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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....
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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.”...
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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....
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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....
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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....
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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 ...
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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....
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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....
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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...
1403
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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....
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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....
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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....
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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....
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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. ...
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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....
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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....
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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....
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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....
2108
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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....
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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....
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12 May 2015