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Russian Instant Payment Providers Merged

Files under: News
Posted by: Quintura @ 20:58 [29. 07. 08]

The newly-formed OE Investments has become the leading instant payment processing company in Russia with 47% market share, reported Reuters. The company expects revenues of $200 million on $10 billion turnover in 2008, up from $7 billion in 2007. OE Investments was created as a result of the merger of instant payment processing companies OSMP [...]

Gameland Acquires AllHockey.ru

Files under: News
Posted by: Quintura @ 13:12 [21. 07. 08]

The leading Russian “interest media” publisher, Gameland, acquired a popular hockey website, AllHockey.ru, for ca. $0.5 million, reported business daily Kommersant. AllHockey.ru was founded in March 2007 by a team that previously co-founded a football site, Championat.ru, now the leading Russian sports site. Championat.ru was acquired by SUP in November 2006. Gameland publishes 19 magazine [...]