Employees of Russia’s security services are unable to obtain the official QR codes necessary for dining out in Moscow under current coronavirus restrictions, a Federal Protection Service (FSO) source said Thursday. All Moscow restaurants and cafes now require patrons to present a QR code proving their vaccination, recent recovery from Covid-19 or negative PCR test … Russian security forces unable to get QR codes to dine out in Moscow Read... Read more ›
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Yandex.Market is in the process of acquiring KupiVIP, one of the most established e-commerce brands in Russia, founded back in 2008 by German entrepreneur Oskar Hartmann. Also included in the acquisition deal are KupiVIP’s five offline outlets in Moscow, the Mamsy e-commerce site and a 20,000 sq. m logistic center in the Moscow region. The … Glorious story but modest exit for online fashion pioneer KupiVIP Read More Read more ›
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The Russian VC firm Leta Capital aims to invest in Russian-speaking tech entrepreneurs across the world — targeting a huge pool of talents who left their home countries to establish themselves in Western Europe, the USA and other geographies. According to Leta Capital’s in-house research, “more than 17,000 Russian-speaking and Eastern European IT entrepreneurs and start-ups are active in … Leta Capital eyes “more than 17,000 Russian-speaking tech entrepreneurs based... Read more ›
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Children and teenagers from some 80 countries are taking part in the Artificial Intelligence International Junior Contest (AIIJC). Russia, India, Kyrgyzstan, Kazakhstan and Bangladesh account for the largest cohorts of participants, but the Philippines, Canada, Ecuador and a variety of other countries are also involved. This first-of-its-kind competition is organized jointly by Sber, Russia’s state-controlled financial and … Russian digital majors invite children from across the world to AI contest... Read more ›
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Russia’s largest online retailer Wildberries has launched direct cross-border sales from Belarus, Kazakhstan and China to Russian consumers, the company announced on June 23, presenting the move as a pilot project. Cross-border delivery of goods will be carried out both by Wildberries’ own logistics service (for example, in Belarus and Kazakhstan) and via international logistics partners (in … Wildberries launches cross-border sales to Russian consumers Read More Read more ›
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A group of Russian entrepreneurs has raised $46 million to launch a food delivery company on the US market. Dubbed ‘Buyk,’ the service is an analog of Samokat, a successful startup born in St. Petersburg, which was ;acquired last year by Mail.ru Group and Sber. Buyk is the brainchild of Samokat co-founders Vyacheslav Bocharov and … Russian entrepreneurs raise $46 million to launch express delivery service in the US Read... Read more ›
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M.Video, a part of the M.Video–Eldorado consumer electronics retail group, now processes nearly half of customer calls via a virtual assistant called ‘Alyona.’ “Voice processing technologies have enabled [us] to reduce the workload of [our] contact center staff, reduce response times and increase customer satisfaction and loyalty,” the company says. The AI-based robotic customer support system … M.Video uses high tech to process customer calls, help employees increase service level... Read more ›
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Liqvid, a Russian startup registered in Singapore, has launched an online service for small business outlets to manage content on POS screens. “In just a few clicks,” shop owners can easily set up broadcasting, download content in any format, create promotional materials — from offers of the day to discounts, — display this content to … Russian-Singaporean startup helps shop owners manage POS screens with just a smartphone Read More Read more ›
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StartupBlink has just released the 2021 edition of its Startup Ecosystem Rankings Report, which encompasses 1,000 cities and 100 countries across the world. StartupBlink’s algorithm analyzes tens of thousands of data points. Data is coming from the company’s community of 50,000 members — including more than 50 governments, municipalities, and economic development organizations —as well as from such … StartupBlink: Moscow city ranks #2 in Europe for startup ecosystem development... Read more ›
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Earlier this month Sber, the state-controlled financial and technology giant (previously known as Sberbank), announced the full acquisition of Jivo. This Russian startup — which has legal entities both in Russia and in Delaware — has developed an omnichannel application for customer support and online sales. Jivo’s solution combines a chat function for websites with … Sber acquires CRM startup Jivo for reportedly more than $20 million Read More Read more ›
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Students from Russia regularly win international informatics olympiads. Many Russian programmers work for IT companies all over the world, creating popular software, online games and mobile apps. Examples of the world’s most popular Russian-made programs are uncomplicated video game Tetris, designed by Soviet programmer Alexey Pajitnov, with more than 500 million downloads in 2020; Pavel Durov’s messaging service Telegram, used … Why Russian programmers are among the best in the... Read more ›
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A Russian neobank called TalkBank has neither physical branches, nor call centers, nor even a mobile app. Its principle consists in offering “a bank in messengers,” i.e. Telegram, Facebook, WhatsApp or Viber. Customers may still apply for a virtual Visa or Mastercard card — “in just a few minutes via your favourite messenger,” — withdraw cash from any ATM … Moscow-based TalkBank raises $3 million to develop “bank in messengers”... Read more ›
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VTB-Capital, a division of the state bank VTB, is in the process of acquiring a 15% stake in the Delimobil car-sharing service. A memorandum of cooperation was signed at the Saint Petersburg International Economic Forum in early June by Yuri Soloviev, First Deputy President and Chairman of VTB Bank Management Board, and Vincenzo Trani, founder … VTB Capital invests $75 million in Russian carsharing major Delimobil Read More Read more ›
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myToys, an online retailer of children’s goods owned by Otto Group, ceased its activity earlier this month in Russia after more than 10 years of operations on the market. In recent years, myToys.ru was among Russia’s leading e-commerce sites in its category. However, according to official data cited by Retailer.ru, the site’s net loss jumped from 34.8 million rubles in 2019 (around … Otto Group’s myToys.ru shuts downs after 10... Read more ›
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A notable part of this year’s St. Petersburg International Economic Forum (SPIEF) was dedicated to IT and digital transformation as well as the state’s role in these fields (see the forum’s topical sessions and its special Innovation Space). This major event took place on June 3-4, gathering much of the country’s political and business elite and some foreign … High tech reverberations at the St. Petersburg International Economic Forum Read... Read more ›
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According to Aviasales.ru, Russian travellers booked 15% more tickets through this major air ticket online booking platform than in the pre-covid year of 2019. The company also notes that 95% of the tickets were sold for domestic routes vs. 75% before the pandemic. The most popular international destinations this year were Turkey, Egypt and the United Arab Emirates. … Russian travel segment is recovering fast from the pandemic Read More Read more ›
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The Russian food delivery service Samokat — which was acquired last year by Mail.ru Group and Sber — has plans to enter the US market. As reported by Russian industry publication The Bell, which cites several sources including Samokat’s founder Vyacheslav Bocharov, the move could take place in the next 12 months. The service would operate on American soil under … Audacious Russians invade the US food delivery market Read... Read more ›
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After Veeam Software, Wrike and Magic Lab — to cite just a few recent examples — this is yet another happy exit for a Russian entrepreneur established in the West. Ecwid, a leading provider of social commerce solutions for small businesses created in Russia, is in the process of being acquired by Canadian Lightspeed. This Toronto-listed online and offline retail … Russian-born social commerce major Ecwid sold to Canadian Lightspeed... Read more ›
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Last week two large financial institutions announced a 1.6 billion ruble investment in Eruditor, a group of online platforms for small businesses and freelancers providing home and local services. The funding is provided jointly by the Russian-Chinese Investment Fund, a vehicle created by Russia’s sovereign wealth fund RDIF and the Chinese Investment Corporation, and Sberinvest, which … Russian service marketplace Eruditor secures $22 million venture loan to go global Read... Read more ›
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Russian banks may be blocked from using SWIFT, a payment system that enables reliable and secure financial transactions, as part of restrictions against Moscow, in what one official has called a potential “spiral of sanctions.” “It’s no secret that there are threats, primarily from the United States, to disconnect Russia from the SWIFT system,” said Dmitry … Russia may be cut off from SWIFT as part of West’s “spiral of... Read more ›
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Business Insider
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26% 6 |
Tech Wire Asia
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9% 0 |
The Verge
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8% 1 |
Eurogamer.net
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7% 4 |
Tom's Hardware
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6% 3 |
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27.11.2024 13:36
Last update: 13:31 EDT.
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