Internet

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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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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Google shuts down engineering office in Russia: Much ado about nothing?

2,870 Comments / International, Internet, Legal, Legislation & regulation, News, Search engines & SEO / By

Much speculation appeared today in the media following Google’s decision to move about one hundred of its engineers from its Russia office to other locations. A major US site thus suggested that Google’s move could be related to the “changing climate in Russia [which] may lead more Internet companies to move their operations to other …

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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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Yandex acquires e-commerce recommendation service, Runa Capital celebrates first Russian exit

5 Comments / Finance, Internet, M&A, News, Search engines & SEO, Software / By

Yandex, the Russian search giant, has acquired a browser application developed by Metabar, a portfolio company of Runa Capital. The financial details of the deal have not been disclosed, but Runa reported that it “provided a multiple return on investment.” Christened “Sovetnik” (Russian for “advisor”), this browser extension helps users find the best offer for …

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Web server publisher Nginx raises $20 million from US fund NEA

217 Comments / Finance, International, Internet, IT services, News, Venture / Private equity / By

Nginx (pronounced “engine-x”), a US-based open source web server publisher with Russian origins, has secured $20 million in a Series B1 round of financing from New Enterprise Associates (NEA). German-American fund e.ventures, Moscow-based Runa Capital, Index Ventures and Nginx CEO Gus Robertson also took part in the round, the company announced. Funding will be used for …

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Yandex to provide big data solutions to businesses

1,142 Comments / Data centers, Internet, IT infrastructure, IT services, Press releases, Search engines & SEO / By

Moscow and Amsterdam – Yandex (NASDAQ: YNDX), one of the largest European internet companies and the leading search provider in Russia, today announced it is embarking on a new B2B venture developing custom-made big data solutions for businesses – Yandex Data Factory. Yandex Data Factory, an international project with offices in Moscow and Amsterdam, will provide services …

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