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Russia’s Ulmart shops around with Hong Kong on IPO schedule

Russia’s Ulmart shops around with Hong Kong on IPO schedule

Mar 9, 2015 | Central & Eastern Europe, News, Russia

Wall Street Journal The Hong Kong stock exchange, once one of the world’s top venues for IPOs, hasn’t been on the shopping lists of foreign companies for a long time. But a listing plan by a Russian ecommerce retailer could put it back in the fray. Once a market that...
Telepresence robot developer receives $160,000 in grant and investment

Telepresence robot developer receives $160,000 in grant and investment

Mar 5, 2015 | Central & Eastern Europe, News, Russia

East-West Digital News Russian company Wicron has attracted 5 million rubles (approximately $80,000 at the current exchange rate) of investment from Ashmanov Partners, a leading Russian web and SEO agency. The transaction took place in December 2014, but was announced...
French Tech launches Russia tour to showcase France’s best startups

French Tech launches Russia tour to showcase France’s best startups

Mar 2, 2015 | Central & Eastern Europe, Events, France, News, Russia, Western Europe

East-West Digital News La French Tech, a government-led initiative that aims to stimulate and promote France’s startup ecosystem, is launching a Russia branch. The kick-off event on Feb. 17 gathered around 100 tech entrepreneurs, representatives of large or...
Runa Capital invests €3 million in Finnish open source database solution provider MariaDB Corp.

Runa Capital invests €3 million in Finnish open source database solution provider MariaDB Corp.

Feb 28, 2015 | Central & Eastern Europe, News, Russia, Western Europe

East-West Digital News Last week Runa Capital, a venture firm operating globally from its offices in Moscow and San Francisco, announced a €3 million investment in MariaDB Corporation, a global software vendor specializing in high availability, high performance and...
Mail.ru Says Headhunter Sale in Doubt as Russia’s Recession Dampens Revenue Growth

Mail.ru Says Headhunter Sale in Doubt as Russia’s Recession Dampens Revenue Growth

Feb 26, 2015 | Central & Eastern Europe, News, Russia

Russian Internet group Mail.ru said on Thursday the sale of its recruitment site might not be completed after the company saw an economic downturn constrain ad spending. Read more…
Russian fintech fund Life.Sreda acquires Southeast Asian mobile acquiring startup iboxPro

Russian fintech fund Life.Sreda acquires Southeast Asian mobile acquiring startup iboxPro

Feb 19, 2015 | Central & Eastern Europe, News, Russia, Southeast Asia

East-West Digital News Life.Sreda, a Russian fund investing in financial and mobile technologies, has acquired iboxPro, a leading Asian mobile point-of-sale service, and intends to merge it with its Russian portfolio company LifePay. The details of the transaction...
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