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Accel Partners, Mangrove Capital, Others Invest $20 Million in Russian Online Shopping Club KupiVIP.ru

Files under: News, Web 2.0
Posted by: Quintura @ 04:41 [18. 01. 10]

The online shopping club KupiVIP.ru, which is operated in Moscow by Privat Trade Ltd and organizes designer brand online sales in fashion and fashion accessories with large discounts off boutique prices, has raised $20 million in the third round of funding, KupiVIP.ru CEO Oskar Hartmann reported. The round was led by Accel Partners. Previous investors [...]

WomanJournal.ru Investor Direct Group Acquires Stake in KupiVIP.ru

Files under: News
Posted by: Quintura @ 13:23 [22. 06. 09]

Direct Group, which recently sold its Russian mail order business Na Dom to Otto Group of Germany, has invested an undisclosed amount in exchange for a minority stake in online shopping club KupiVIP.ru, according to KupiVIP.ru CEO Oskar Hartmann. KupiVIP.ru investor Nikolay Mitushin of ABRT Fund confirmed the investment. As part of the deal, Direct [...]

Mangrove Capital Invests In Russian Online Shopping Club

Files under: News, Tech, Web 2.0
Posted by: Quintura @ 11:58 [27. 10. 08]

When it comes to online shopping in Russia, the venture capital investors are looking for proven business models and projects that can generate revenues from the very beginning. The largest Russian online shop Ozon.ru, which often called ‘Russian Amazon’, has raised $18 million from Index Ventures and the others. I recently suggested that for an [...]

eHouse Acquires Online Shop 003.ru

Files under: News
Posted by: Quintura @ 00:20 [9. 10. 08]

The Russian online consumer shopping holding eHouse has acquired 003.ru, online shop that sells consumer electronics and home appliances, from Marta holding, reported CNews. Through the acquisition, eHouse becomes the leader in online shopping in Russia. According to analyst estimates, the deal is valued at $10 million. Founded in 2000, 003.ru is Russia’s second largest [...]

Ozon.ru, ‘Russian Amazon’ Reports Record 1H 2008 Sales

Files under: News, Tech, Web 2.0
Posted by: Quintura @ 16:21 [30. 07. 08]

The leading Russian online shop, Ozon.ru, reported sales of $45 million in 1H 2008, up 78% from 1H 2007, says Prime-TASS BIT. The sales breakdown is books (36%); consumer electronics, cameras, and mobile phones (30%); movies on DVDs and CDs (14%), rare books and items (5%), music (3%); and others (12%). Ozon.ru had 2.4 million [...]