Yandex To Acquire Traffic Information Service SMIlink

Files under: News, Tech, Web 2.0
Posted by: Quintura @ 16:48 [16. 06. 08]

The leading Russian search engine Yandex agreed to acquire SMIlink, the leading Russian road traffic information service operating in Moscow and St. Petersburg. The deal, whose value is not disclosed, is expected to close in the beginning of July 2008. According to business daily Vedomosti, the deal is valued at several million dollars. SMIlink, which [...]

Social Network Vkontakte Named Top Russian Web Site

Files under: News, Tech, Web 2.0
Posted by: Quintura @ 19:39 [13. 06. 08]

// The leading Russian social networking site Vkontakte has been named top Russian web-site, in the list of top ten Web 2.0 sites in Russia reported by an Eastern European advisory firm GoalEurope, based on data collected by Alexa. Vkontakte, which was started as a copycat of Facebook by two brothers Pavel and Nikolai Durov [...]

Yandex To Raise Up To $2 Billion at IPO In Fall 2008

Files under: News, Tech, Web 2.0
Posted by: Quintura @ 23:36 [20. 05. 08]

The leading Russian search engine Yandex is expected to raise up to $2 billion at initial public offering (IPO) of shares in New York in the upcoming autumn based on the company’s preliminary valuation of $5 billion, according to Reuters. Yandex is said to have mandated the investment banks Morgan Stanley, Deutsche Bank and Renaissance [...]