Jan 20, 2015 | Central & Eastern Europe, News, Russia
Ulmart, Russia’s leading e-commerce company, confirmed today its plan to go public next year in a yet-to-be-determined Western stock exchange, the company’s chairman and co-owner Dmitry Kostygin told Russian business daily RBC. Ulmart is thus considering raising $1...
Oct 7, 2014 | Central & Eastern Europe, News, Russia
East-West Digital News Yandex’s strategy to develop its marketplace, Yandex Market, saw new developments in the past few weeks. The company acquired PriceLabs, the developer of a price monitoring and optimization solution, and abruptly ended cooperation with...
Sep 23, 2014 | Central & Eastern Europe, East Asia, News, North America, Russia
East-West Digital News Earlier this month Russia Partners, the Moscow-based private equity affiliate of global alternative investment firm Siguler Guff & Company, announced that Rakuten acquired Slice, a portfolio company in its technology fund. The details of the...
Aug 29, 2014 | Central & Eastern Europe, News, Russia
East-West Digital News In a series on Europe’s “hottest startups,” the UK edition of tech magazine Wired published earlier this month a selection of 10 Russian startups. These included peer-to-peer publishing platform Gitoon, e-commerce intelligence platform Ometria,...
Jun 23, 2014 | Central & Eastern Europe, News, Russia
East-West Digital News Ostrovok.ru, a major Russian hotel booking service, announced last week that it has raised $12 million in a round led by Vaizra Capital, a fund which belongs to Vkontakte co-founders Vyacheslav Mirilashvili and Lev Leviev. A number of the...