Oct 15, 2014 | Central & Eastern Europe, News, Russia
East-West Digital News Yesterday Life.SREDA, a Moscow-based venture fund focusing on mobile and online fintech startups, announced plans to launch a second, internationally oriented fund of $100 million. Existing Life.SREDA backers have already provided one fifth of...
Oct 15, 2014 | Central & Eastern Europe, News, Russia
East-West Digital News Softline Seed Fund, a VC fund set up in the end of last year by the Softline and government-owned RVC Seed Fund, has invested 7.5 million (nearly $190,000) in the Business Family online network in exchange for a 7% stake in the company. The...
Oct 13, 2014 | Central & Eastern Europe, News, Russia
East-West Digital News Gazprom-Media, a leading media holding affiliated with gas giant Gazprom, is about to acquire an 82.7% stake in WebMediaGroup, the owner of several Internet and e-commerce sites in Russia. The planned acquisition was appoved last week by the...
Oct 9, 2014 | Central & Eastern Europe, News, Russia
Moscow Times October 10, 2014 MTS, Russia’s biggest mobile phone operator, on Thursday received the go-ahead to buy a 49 percent stake in major mobile phone retailer Svyaznoy, according to a statement on the Federal Anti-Monopoly Service’s website. The...
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...
Oct 6, 2014 | Central & Eastern Europe, News, North America, Russia
East-West Digital News American Councils for International Education announces the opening of the Fall 2014 application for the US-Russia Innovation Corridor (USRIC). University-based startups and entrepreneurs are encouraged to apply until November 9. The US-Russia...
