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Top Internet M&A Deals In Russia In 2012

Files under: News
Posted by: admin @ 07:25 [8. 01. 13]

The Russian internet economy was in a rapid-growth stage in 2012. The internet advertising market grew more than 40% to $2 billion per year. Top 10 internet venture capital investments in Russia totaled $299 million last year. 2012 wasn’t a year of consolidations in Internet in Russia. Only a few mergers and acquisitions of internet [...]

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 [...]