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Home Shopping Europe HSE24 to Acquire Shopping Live Teleshopping Channel

Files under: News
Posted by: admin @ 14:22 [4. 04. 12]

Home Shopping Europe GmbH, the parent company of the German teleshopping channel HSE24, has entered the Russian teleshopping market by purchasing a 49% stake in Shopping Live, a Russian teleshopping channel, and 100% stake in Direct Trade, which operates the retail part of the shopping channel Shopping Live. Home Shopping Europe has purchased shares in [...]

UMJ (Russia) to Invest in Teamo.ru, Online Dating Service

Files under: News
Posted by: admin @ 06:59 [1. 03. 12]

The Japanese venture capital firm, UMJ Russia Fund has led a new funding round in Russian online dating service Teamo.ru. Including initial funding, Teamo.ru received more than $2 million, of which UMJ (Russia) likely invested $1 million. The new investment will be used for marketing purposes to increase brand awareness and number of users. UMJ [...]

Sapato.ru Sale To Ozon Will Hardly Make Investors of Sapato Too Happy

Files under: News
Posted by: admin @ 07:12 [15. 02. 12]

Zappos‘ Russian copycat, Sapato.ru that raised some $20 million from Intel Capital, eVenture Capital, Kinnevik and Direct Group (Fast Lane Ventures) has been sold to OZON.ru, the leading Russian online mall. OZON, which raised $100 million last fall, would hardly spend that amount to purchase a 1.5 years-old online shoes retaling startup. By estimating annual [...]

Russian E-Commerce Booming: Heverest.ru Raises New Round

Files under: News
Posted by: admin @ 06:32 [7. 02. 12]

The Russian online retailer of sports goods, Heverest.ru has received $4.3 million in new funds from the prevous investor, Otto Group-backed eVenture Capital as well as from a Russian investor. The new round will increase a total funding of Heverest.ru to $6.7 million. The Russian sports goods retail market was vauled at $6 billion last year. Launched [...]

OZON to Acquire Sapato.ru Online Shoe Store

Files under: News
Posted by: admin @ 09:57 [1. 02. 12]

‘Amazon of Russia’, OZON has received an approval from the Federal Antimonopoly Service (FAS) of the Russian Federation to acquire online shoe store Sapato.ru, according to the FAS’ web-site. To finance an acquisition, OZON can use proceeds of $100 million round that it raised from Ru-Net, Rakuten, Alpha Associates and Index Ventures last September. Launched [...]

Intel Capital Leads $12 Million Round in Sapato.ru, Russian Online Shoe Store

Files under: News, Web 2.0
Posted by: admin @ 04:29 [9. 06. 11]

Zappos for Russia, Sapato.ru has raised $12 million in new funding, the company announced today. The investment round was led by Intel Capital, which contributed a majority of $12 million. The previous investors such as eVenture Capital, Kinnevik and Direct Group also joined the round. Sapato previously raised over $5 million from German Otto Group-backed [...]

Skyscanner for Russia, Jizo.ru Launches with Funding from Fast Lane Ventures

Files under: Enterprise, News, Tech, Web 2.0
Posted by: admin @ 01:18 [16. 05. 11]

Aimed to be Skyscanner for Russia, Jizo.ru travel meta-search engine has launched with funding from internet business incubator Fast Lane Ventures. While Edinburg, Scotland-based Skyscanner developed its innovative proprietary search engine technology, Jizo.ru used solution from GP Solutions GmbH, a Germany/Belarus travel IT solutions company. Jizo.ru already faces competion from Russia’s leading search engine Yandex [...]

ABRT Fund and Mangrove Invest in Russian Daily Deal Site KupiBonus.ru

Files under: News, Web 2.0
Posted by: Quintura @ 00:51 [2. 07. 10]

The leading Russian early-stage venture capital firm ABRT Fund and European  venture capitalist Mangrove Capital Partners have invested in KupiBonus.ru, the online site for group purchasing in health and beauty. The other investors include Direct Group and Global Buying Group. The deal amount should be in the $1 million range. Launched in July 2010, KupiBonus.ru [...]