E-Commerce

Personal data storage on Russian servers will be mandatory starting from September 2015

1,283 Comments / E-Commerce, International, Internet, Legal, Legislation & regulation, News / By

Last week, the lower house of the Russian parliament adopted amendments making personal data storage on domestic servers mandatory as early as September 2015 – instead of September 2016 as previously foreseen by legislation adopted this past summer. In October, Russian lawmakers had considered an even earlier deadline (January 1, 2015). However, the period allowed for compliance …

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Virtual shoe-fitter wins 15 million ruble grant from Skolkovo

303 Comments / E-Commerce, Finance, Internet, News, R&D, Regions & cities, Skolkovo, Startups / By

A tech startup that is looking to make those hellish trips to the shoe store a thing of the past has won a grant of 15 million rubles (approximately $275,000 at the current exchange rate) from Skolkovo Foundation. Fitanny’s virtual shoe fitter compares your foot structure to the type of shoe you’re interested in, and then …

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Russian e-commerce fashion industry report Q4 2014

1,144 Comments / Analysis, Data & Reports, E-Commerce, Internet / By

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

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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E-commerce shipment service provider Top Delivery secures investment from Impulse VC

1 Comment / E-Commerce, Finance, Internet, News, Venture / Private equity / By

Top Delivery, a provider of e-commerce shipment services on the domestic market, has raised an undisclosed amount from Impulse VC. The young company will use the funds to develop further its logistics, customer service and IT systems. It also plans to expand its geographic coverage – which now covers 2,700 locations in 44 Russian regions. …

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