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Mobile commerce takes off in Russia: Number of shoppers more than doubles in 2014

1,138 Comments / Analysis, Data & Reports, E-Commerce, Mobile commerce, Mobile Internet, Mobile-Telecom-Satellites / By

In line with the global trend, over the next few years the main driver of m-commerce in Russia will be the growing number of tablet and smartphone users. This is the primary thesis of the study “The Russian M-Commerce Market in 2014,” presented by the marketing agency RBC.research and reported by the e-commerce online portal …

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State fund FRII teams up with mobile operator Yota to support startups

3 Comments / Finance, Mobile-Telecom-Satellites, News, Operators, Startups, Venture / Private equity / By

Russian mobile operator Yota has become a partner of FRII, the $200 million government-backed fund launched last year to support Russian Internet startups. The company will invest in the fund’s startups, and may also look at acquiring some projects. Startups will also benefit from the company’s support through assistance with infrastructure and the use of Yota’s resources in …

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CPA giant CityAds Media acquires Tinkoff Digital’s mobile advertising platform Madnet

E-marketing & advertising, Finance, Internet, M&A, News / By

Last week, CityAds Media, a Moscow-based international performance advertising platform, announced the acquisition of Madnet. This mobile advertising platform had been launched last year by Tinkoff Digital, а Russian developer of innovative Internet and mobile advertising technologies, as “the first real-time bidding (RTB) platform in Russia for mobile devices.” Madnet has developed its own DSP, …

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Russian social media reacts to ruble crisis with ‘Arctic Fox Day’

1 Comment / Internet, News, Social networks & apps / By

A leading Russian economist likened the public reaction to the falling ruble to the “calm of someone facing suicide.” But on the Internet, it looked more like the “Day of Dark Humor.” Or make that “Arctic Fox Day”: The Russian name (“pesets”) for the cuddly canid sounds almost like an unutterably rude word for “f-ck up.” Arctic foxes thus became the illustration of choice for social media posts on “Black Tuesday,” including …

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Russia’s Qrator Labs to fight bots in the USA

International, Internet, Internet security, News / By

Qrator Labs, a Russian company specializing in DDoS-attack mitigation, has announced the launch of three traffic centers in the USA as an entry point into the local market, reports Russian IT portal ComNews.ru. The centers, based in Virginia, Texas and California, will work to filter unwanted traffic for potential clients. The company hopes to eventually become active …

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Sberbank’s SBT Venture Capital invests in social network for investors

361 Comments / Finance, International, Internet, News, Social networks & apps, Venture / Private equity / By

SBT Venture Capital, the venture arm of Russia’s national savings bank Sberbank, has invested in eToro, a social network for investors. The Cyprus based social network allows members to follow the activities of their fellow investors in real time. The company’s stated mission is to “revolutionize the way people interact on the financial markets, making the …

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Mobile users become the majority on the Russian Internet

104 Comments / Data & Reports, Internet, Mobile Internet, Mobile-Telecom-Satellites / By

Russians are now using the Internet on their mobile devices more frequently than through conventional computers. According to web statistics service LiveInternet, in November some 51% of Russian Internet users (31.1 million) accessed the web on their mobile devices, both phones and tablets. In October, the figure was 49.9% (29.4 million), with the majority still …

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Tomsk university and US firm to open joint scientific center in Siberia

2,847 Comments / Education & training, Hardware & Electronics, International, News, R&D, Regions & cities, Tomsk / By

The Tomsk University of Control Systems and Radio Electronics (TUSUR) and Keysight Technologies, a US company, have plans to open Siberia’s first scientific and educational center in Tomsk in early 2015, portal Globalsib.com reported. TUSUR is reported to have already launched this past fall its new master’s degree program focused on the automation of the …

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Young entrepreneurs open business incubator in Ufa, industry veteran launches “anti-accelerator” in Moscow

2,647 Comments / Bashkortostan, Incubators & technoparks, News, Regions & cities, Startups / By

On December 1, Ufa, the capital city of Bashkortostan in the Southern Urals, saw the opening of new business incubator Smart Park, the local media reported. The space was created by the young entrepreneurs of the capital for actively minded people that are promoting new ideas and developing long-term projects. Smart Park includes a co-working …

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Wakie, the social alarm clock that lets you wake up strangers, finally arrives on iOS

231 Comments / International, Mobile content, Mobile-Telecom-Satellites, News, Startups / By

– “Hey there, I’m just calling to wake you up,” I said a little awkwardly. – “Thanks. Where are you from?” replied a female voice with a thick Irish accent. – “The UK. You’re from Ireland, right?” – “How could you tell?” she said wryly. – “The flag at the top of the screen.” It took 9 months to be …

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