Analysis

Mail.Ru Group, QIWI, Yandex stocks plummet as only Luxoft stands tall on Western exchanges

Several key Russian tech companies are listed on Western stock exchanges. Among them are software development and service company Luxoft (NASDAQ: LXFT); Mail.ru Group (LSE: MAIL), the owner of Russia’s leading social network Vkontakte and of a range of other Internet properties; mobile operator MegaFon (LSE: MFON); payment operator QIWI (NASDAQ: QIWI); and Yandex (NASDAQ: …

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Russian e-commerce fashion industry report Q4 2014

Several changes in the Russian e-Commerce Fashion market have transpired over the past year.  This 90-slide industry report prepared by Yandex analysts covers these changes in detail. User interest in online shopping with the intent to purchase has increased by 16% in the last year in Russia.  This major growth has offset falling interests in …

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

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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Snowbound Siberian outpost aims for Silicon-Valley status

Tomsk, Russia — If there were ever a place for a cutting-edge innovation hub, this snowbound Siberian outpost with a population of 500,000 probably wouldn’t be the first choice. Deep in the Russian hinterland, it stands at the dead end of a train line off the Trans-Siberian railway. Its airport services only Moscow, a few …

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Will Ukraine-Russia’s political turmoil boost the region’s outsourcing economics?

Following the downing of the Air Malaysia flight and the subsequent military interventions and conflict between pro-Russian separatists and the government in the Ukraine, concerns about the stability of Ukraine and Russia – and indeed the broader Eastern European region – have grown. Despite a cease-fire in September, some quarters are reporting the possibility of renewed conflict. The economic toll …

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