Mar 21, 2012 | News
East-West Digital News 20 Mar 2012 The shareholders of KupiVip.ru, Russia’s leading fashion flash sales site, intend to invest no less than $50 million in Shoptime.ru, an online fashion items and accessories retailer that launched in test mode earlier this year. In...
Mar 21, 2012 | News
Moscow Times 21 Mar 2012 Digital Sky Technologies, a Russian firm that invested in Facebook, is seeking $1 billion for a new late-stage technology fund less than a year after raising its last pool, promising investors a stake in the social-networking site in return....
Mar 15, 2012 | News
East-West Digital News 15 Mar 2012 The Russian mobile operator MTS is considering selling a stake of its online paid video subsidiary Omlet.ru, the operator’s VP of Marketing Vasily Latsanich announced earlier this week at a press conference. “The content business...
Mar 13, 2012 | News
East-West Digital News 13 Mar 2012 Vist Group, a major, twenty-year-old Russian developer of turn-key IT solutions for mine fleet and railroad management systems, is considering seeking capital market opportunities, according to Reuters. A resident of Skolkovo, the...
Mar 13, 2012 | News
Moscow Times 13 Mar 2012 Nordgold, the gold-mining company spun off from Severstal this year, plans to double reserves in the next four years and is looking for emerging market acquisitions as it raises output worldwide. The gold producer, listed in London, will...
Mar 10, 2012 | News
East-West Digital News 10 Mar 2012 Is Russia becoming a new frontier for US venture capitalists? With local startups and incubators springing up like mushrooms, a number of foreign tech investors have started to operate in the country, which is striving for...