Jun 18, 2014 | Central & Eastern Europe, News, Russia
TechCrunch June 18, 2014 Rocket Internet-incubated foodpanda has acquired Delivery Club in a move it says will make the combined companies Russia’s leading food delivery service with over 2,500 restaurants. The value of the deal was undisclosed. Delivery Club, which...
Jun 17, 2014 | Central & Eastern Europe, News, Russia
East-West Digital News Yandex, the NASDAQ-listed Russian search giant, announced its plans to acquire Auto.ru, one of the leading online auto classifieds sites in Russia, for approximately $175 million in cash. The transaction, which remains subject to certain...
Jun 16, 2014 | Central & Eastern Europe, Deals, MENA
Hospital Beta started operations in 1991 and has a total area 4,200 sqm with 56 beds, 23 adult intensive care units, 18 infant incubators, 4 operating rooms, 2 delivery rooms. It employes 37 physicians and 179 staff members. The hospital has a number of specialty...
Jun 13, 2014 | Central & Eastern Europe, News, Russia
East-West Digital News Seleсtel, a data center company owned by Vkontakte cofounders Lev Leviev and Mikhail Mirilashvili, is investing about 1 billion rubles (about $29 million) in the first stage of a technopark in the Moskovsky district of St. Petersburg. It will...
Jun 13, 2014 | Central & Eastern Europe, News, North America, Russia, Western Europe
East-West Digital News Last week TMT Investments, a UK-headquartered venture fund backed by Russian businessmen, announced the completion of a $200,000 investment in Whale Path, a Sunnyvale, California-based startup that offers an on-demand business research platform...
Jun 12, 2014 | Central & Eastern Europe, News, Russia
East-West Digital News Last week, Moscow-based fund Buran Venture Capital announced the first milestone for its second fund raising operation since launching in 2012. Buran plans to increase its committed capital to $30 million – up from the current $15 million – by...
