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Archives for November 2007

First Billion Made in Russian Internet

Files under: Tech
Posted by: Quintura @ 00:33 [28. 11. 07]

Mail.ru officially becomes the first billion-dollar Internet company in Russia. The latest financial results released by Naspers, a South Africa-headquartered media and Internet group, reveal that it has acquired a further 2.6% stake in Mail.ru for $26 million, thus valuing the company at $1,000 million. Naspers first bought a 30% stake in Mail.ru for $165 [...]

Meet The Russian Blogosphere

Files under: Tech
Posted by: Quintura @ 13:39 [26. 11. 07]

The average Russian blogger is a 22 year old female who makes 6 blog posts and 18 comments per month. According to a recent study by Yandex, there are 3.1 million Russian blogs or 3% of total blogs globally. Some 30% of Russian blogs are regularly updated. More than 60% of Russian bloggers are female [...]

Off-Topic: Moscow Never Sleeps

Files under: Tech
Posted by: Quintura @ 00:01 [25. 11. 07]

No wonder that nowadays the most popular Russian music videos can be watched on MySpace and YouTube. There is one Russian DJ whose latest single smashed the European dance floors this year. His name is DJ Smash. He is a resident DJ in several upscale clubs in Moscow. DJ Smash has won the Best Club [...]

Foto-Mania Wins Best Weblog 2007

Files under: Tech
Posted by: Quintura @ 09:01 [24. 11. 07]

Photo blog in Russian has been announced the Winner of Jury Award at the Deutsche Welle International Weblog Awards 2007 . The author of the Foto-Mania blog is Ksenia Avimova, a 23 year-old female photo journalist from Minsk, the capital of Belarus. Her collections of photos in black & white chronicle both her live and [...]

Russian Investors Invade Ukrainian Online Market

Files under: Tech
Posted by: Quintura @ 13:11 [21. 11. 07]

Two Russian investors who bought-out a control over a leading Ukrainian search engine earlier in 2007 have added a consumer online auction site in this 47 million country to their portfolio. The investment consortium of Russian Funds and Digital Sky Technologies acquired a 55% majority stake in Auction.ua, a Ukrainian online auction site. Auction.ua, which [...]

Search Engine of the Year Will Be from Europe?

Files under: Tech
Posted by: Quintura @ 13:48 [19. 11. 07]

Russia and France are both represented by two search engines in top ten list of contenders released by AltSearchEngines. AltSearchEngines, a popular blog from the Read/WriteWeb network, recently announced a list of ten search engines to vote for the Search Engine of the Year. The list includes Exalead and KartOO, both from France; Quintura and [...]

Russian Fashion Meets Virtual World

Files under: Tech
Posted by: Quintura @ 16:29 [16. 11. 07]

When the new generation of Russians tends to spend more and more time online, the fashion designers jump into an opportunity to attract new customers. According to Vedomosti business daily newspaper, one of the top young Russian fashion designers Denis Simachev agreed to design virtual clothes for characters of a new massive multiplayer online role [...]

Who Owns The Yellow Pages Business in Russia

Files under: Tech
Posted by: Quintura @ 16:10 [14. 11. 07]

The investors who hesitate to directly invest in Russia can still capitalize on a high growth of its Internet usage through a Western investment vehicle. One is a Swedish holding company Kontakt East Holding (KEH). It aims to raise some $16 million through a new share issue and invest the funds into building up its [...]

Welcome to Europe’s Fastest Growing Internet Population

Files under: Tech
Posted by: Quintura @ 17:34 [8. 11. 07]

Having the lowest Internet adoption in Europe, Russia has the fastest growing online audience. According to data released by comScore, Russia had the fastest growing Internet population in Europe in the past year, increasing 23% to 14.6 million unique visitors in September 2007 or 6.5% of the total European online audience of 226.7 million. At [...]

Your Guide to Online Dating in Russia

Files under: Tech
Posted by: Quintura @ 16:46 [7. 11. 07]

One out of three Russian internet users goes to online dating sites. It’s some 10 million users in total but they may not even know that those services are provided by only two companies Mamba and Loveplanet. They together hold 90% of the market valued at $21 million in 2007. The major difference between them [...]

ICQ is Still Number One IM in Russia

Files under: Tech
Posted by: Quintura @ 14:22 [5. 11. 07]

In spite of consumers’ wide adoption of web-based instant messengers (IM) and voice-over-IP services, the downloadable IM client software remains the most popular means of Internet communications in Russia. Two out of three leading Russian Internet companies have been lured by opportunity to sell advertisements to users of IM clients and thus launched their own [...]

IT Services Leader Formed in $3Billion Russian Market

Files under: Enterprise
Posted by: Quintura @ 23:01 [1. 11. 07]

The deal sets a consolidation benchmark in a fragmented IT services market in Russia. The merger of IBS and Borlas Consulting Group, which was completed on October 29, created the leading provider of IT services in Russia with consolidated revenues of $370 million in 2006. The merged company IBS was formed through a share swap [...]