• N 2 March 2012

    Mail.ru catching up with Yandex on financial results

    Mail.ru catching up with Yandex on financial results

    Mail.ru Group and Yandex have revealed their 2011 financial results. Mail.ru's revenue reached $ 515 million, while Yandex reports $ 622 million in earnings.

  • N 2 March 2012

    Web advertising is Russia's fastest growing segment of 2011

    Web advertising is Russia's fastest growing segment of 2011

    Internet ads were the fastest growing segment of Russian advertising market in 2011, according to data provided by The Association of Communication Agencies of Russia (ACAR). Companies spent about 41.8 billion rubles on contextual and media ads on the web, 56 percent bigger than the previous year.

  • N 2 March 2012

    Ozon.ru buys Sapato.ru webstore

    Ozon.ru buys Sapato.ru webstore

    Ozon.ru has purchased Sapato.ru, a popular online footwear store. Although the transaction amount has not been revealed, it is believed to be at least $ 18 million — the money that Fast Lane Vetures, who actually sold Sapato.ru, along with eVenture capital Partners (an Otto Group company) and Kinnevik, had invested in the service over the past eighteen months.

  • N 2 March 2012

    Yandex introduces tweet search

    Yandex introduces tweet search

    Russia' s leading search engine, Yandex, has launched a service that allows users to search through tweets in real time mode. The service only indexes open-access tweets in Russian, Ukrainian, Belarusian and Kazakh.

  • N 27 February 2012

    StopTheHacker Launches Commercial Services Based on Initial Funding Round

    StopTheHacker Launches Commercial Services Based on Initial Funding Round

    SaaS website security services provider StopTheHacker has received $1.1M in initial funding from public and private investors including Runa Capital, an early-stage venture capital firm, and Brian NeSmith, former CEO of Bluecoat.

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