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Archives for February 2009

Odnoklassniki.ru Hits 30 Million Registered Users

Files under: News
Posted by: Quintura @ 02:56 [26. 02. 09]

The leading Russian social networking site, Odnoklassniki.ru (Одноклассники.ru) has reached 30 million registered users. It’s been less than 3 years since the site was launched in March 2006. The social network is visited by more than 8 million users per day. Odnoklassniki.ru CEO, Nikita Sherman recently said that the site generates half of its revenues [...]

FAS Refuses Walt Disney’s Acquisition In Russia

Files under: News
Posted by: Quintura @ 20:13 [21. 02. 09]

Last December, when The Walt Disney Company announced it agreed to acquire a 49 percent stake in a joint venture with Media-One Holdings to launch a Disney-branded free-to-air TV channel in Russia, the deal looked sharp. Later, it was revealed that Walt Disney would invest $223 million for its stake. Walt Disney planned to invest [...]

Quadriga Capital Acquires Euro-Address Yellow Pages Publisher

Files under: Enterprise, News
Posted by: Quintura @ 15:14 [21. 02. 09]

The European “yellow pages” publisher Interinfo, which is owned by TPG Capital, sold several of its regional businesses last year. In February 2008, the Baltic countries-focused private equity firm, BaltCap acquired 100 percent of Interinfo group of companies in Estonia, Latvia and Lithuania with annual turnover of EUR 15.5 million. In late 2008, a St. [...]

Quintura To Power Site Search For Solvay Pharma Corporate Site

Files under: Enterprise, News, Quintura Search, Search Cases, Tech
Posted by: Quintura @ 01:12 [16. 02. 09]

The global chemicals and pharmaceutical group Solvay has announced that Quintura started powering site search on its pharmaceutical corporate web-site, Solvay-Pharma.ru. When corporate web-sites of consumer good companies such as Solvay Pharma become media for their brands, Quintura helps Solvay to better interact with their site customers. Solvay has selected to place its own images [...]

Yandex Launches Yandex.Answers

Files under: News
Posted by: Quintura @ 18:15 [15. 02. 09]

The leading Russian search engine Yandex, which holds more than 70 percent of the Russian contextual advertising market, has announced that it launched a Q&A service, Yandex.Answers (Яндекс.Ответы). The service has indexed 4.5 million questions and 14.4 million answers from various forums and blogs. When a user posts a question, Yandex scans its index for [...]

Ru-Net II Acquires Content Distribution Platform Digital Access

Files under: News
Posted by: Quintura @ 17:14 [15. 02. 09]

The Internet investment company ru-Net II has acquired content distribution platform Digital Access from initial investor and major music labels, reported business daily newspaper Kommersant. According to the paper, ru-Net II will utilize the platform for online video distribution business. Digital Access was formed in June 2007 by industrial investment group Access Industries and recorded [...]

Subscribe.ru Launches Pay-Per-Click Context Ads

Files under: News
Posted by: Quintura @ 16:10 [15. 02. 09]

It looks like major Russian online services are well armed to sustain economic recession. The leading Russian social network, Odnoklassniki.ru is now generating a half of its revenues from subscription-based services, announced Nikita Sherman, CEO of Odnoklassniki.ru at the Russia Forum 2009. Founded in 1998, Subscribe.ru operator St. Petersburg-based Internet Projects is the largest permission-based [...]

Russian Internet Advertising Market Reached $590 Million In 2008

Files under: News
Posted by: Quintura @ 03:04 [13. 02. 09]

The online advertising market in Russia was valued at 14.7 billion rubles ($590 million) in 2008, up 55 percent from 2007, according to a report from MindShare Interaction. The Russian contextual advertising accounted for 8.9 billion rubles ($357 million) or 60 percent of total online advertising spending, while display advertising accounted for 5.8 billion rubles [...]

Why Yandex Is Number One Search Engine in Russia

Files under: News
Posted by: Quintura @ 10:37 [11. 02. 09]

Being the largest Russian internet company with more than $300 million revenues in 2008, Yandex can certainly enjoy its momentum. Arkady Volozh, CEO of Yandex believes that the Yandex secret sauce of its domination over Google in Russia is in its local roots. He told Fortune Magazine about Yandex that “We can joke in Russian, [...]

Russian Funds Sell Telephone.ru to MTS

Files under: News
Posted by: Quintura @ 03:12 [11. 02. 09]

Back in December 2006, when the investment group Russian Funds agreed to invest $20 million for a 50 percent stake in Telephone.ru (Телефон.Ру), the consumer retail market was booming in Russia. Less than two years later the market outlook was not that bright anymore due to a credit crunch. In September 2008, the Russian mobile [...]

Russian Affiliate of The Wall Street Journal Made $4 Million Online in 2008

Files under: News
Posted by: Quintura @ 19:12 [9. 02. 09]

At the Russia Forum 2009 last week, some of the major Russian business newspaper publishers revealed how much revenues they generated from online projects last year. Demyan Kudryavtsev, CEO of Kommersant Publishing House said that it made online revenues of $11 million or 9 percent of $129 million total revenues in 2008. Most of the [...]

Yandex 2008 Revenues Up 80%, Keep Growing in 2009

Files under: News
Posted by: Quintura @ 20:31 [5. 02. 09]

I have attended the session on Internet advertising at The Russia Forum 2009 today. The panel included CEOs of leading Russian Internet, media and advertising companies: Yandex, Rambler, Odnoklassniki.ru, Kommersant Publishing House, IMHO VI, and the others. The forum is organized by leading Russian investment bank, Troika. Yandex CEO Arkady Volozh has revealed at the [...]

GameStop Set To Acquire Russian Video Game Retailer 1C Interes

Files under: News
Posted by: Quintura @ 10:34 [4. 02. 09]

GameStop Corp., the world’s largest video game and entertainment software retailer, is negotiating an acquisition of 1C-Interes, a leading Russian video game and multimedia retailer, reported business daily newspaper Kommersant. According to the paper, the deal could be valued at about $5 million. Founded in 2003, 1C-Interes has 48 stores in 19 cities in Russia. [...]