Jan 31, 2014 | Central & Eastern Europe, News, Russia
East-West Digital News Yandex announced earlier this week an agreement with MultiShip, a Moscow-based startup that aggregates offers from different shipment companies to help online retailers optimize their deliveries across the country. In addition to acquiring a...
Jan 29, 2014 | Central & Eastern Europe, News, Russia
East-West Digital News Berlin-based web hosting startup cloudpartner.de has raised €1.5 million from Runa Capital, a Moscow-based venture fund operating internationally. This Series A round – the terms of which have not been disclosed – will help the company provide...
Jan 28, 2014 | Central & Eastern Europe, News, Russia
East-West Digital News Lamoda, a leading Russian online fashion retailer, announced today an equity investment of €10 million from IFC, a member of the World Bank Group. This investment – the first by IFC in Lamoda – aims to “support the company’s expansion as...
Jan 28, 2014 | Central & Eastern Europe, Latin America, News, Russia
TechCrunch Rocket Internet has secured new funding for two of its fashion-focused ecommerce startups, with a €10M investment for Lamoda, which operates predominantly in Russia and Kazakhstan, and €15M in equity investment for LatAm’s Dafiti (active in Brazil,...
Jan 28, 2014 | Central & Eastern Europe, News, Russia
TechCrunch The carpooling race in Europe has yet to produce a definitive winner, as Germany’s Carpooling.com and France’s BlaBlaCar continue to go head-to-head. Today, the latter is making its next move: BlaBlaCar is riding into Russia and the Ukraine...
Jan 27, 2014 | Central & Eastern Europe, News, Russia
Pavel Durov, the founder of VKontakte.ru (VK.com), Russia’s leading social network, has sold his 12% stake in the company to Ivan Tavrin, the general director of mobile operator Megafon and a member of the Mail.Ru Group‘s board of directors. In his post on...
