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IT and Telecoms market in Russia, up-to-date news, analyses and market data.
 
 

E-commerce


Yulmart revenue grows during crisis

Despite the economic recession, the computer and electronics retailer Yulmart has increased its revenue by 240% in two years. Its Yulmart Outpost chain comprises 17 retail outlets and the company has two large warehouses ... more »
2010-07-16
 

Yulmart Outpost opens in Moscow

The online computer and consumer electronics retailer Yulmart has opened its distribution branch, Yulmart Outpost, in Moscow. This is the company’s fifteenth Outpost in the country. Yulmart operates two ... more »
2010-06-14
 

eBay grows Russian sales

The Russian eBay platform Bay.ru has announced a 37% increase in its online sales in 2009 compared to 2008. Luxury items accounted for 22% of goods sold on Bay.ru; 18% were toys, 15% auto parts and 12% electronics and gadgets. ... more »
2010-04-02
 

E-commerce market remains fragmented

The growth of the e-commerce sector in Russia has been slowed down by the lack of efficient postal delivery service and poorly developed payment services in the country. Over half of the sales of Molotok.ru, one of the ... more »
2010-04-02
 

Internet sales of IT goods set to rise in 2010

Market analysts forecast that by the end of 2010 the e-commerce market in Russia will comprise over 20,000 internet shops. Sales of IT goods and consumer electronics are set to grow by 18% year on year in 2010, with consumer ... more »
2010-02-12
 

33m internet users in Russia

Some 32.7m users in Russia had continuous access to the internet in May of the current year, which accounted for almost 30% of the country’s population, Moscow-based Public Opinion Foundation reported. The ... more »
2008-07-30
 

ZAO Begun acquired by Google

Rambler Media, the owner of one of the leading portals in Russia, and Google, has signed an agreement to acquire ZAO Begun, which offers web advertising services. Rambler, already the owner of 51% of the shares in ZAO ... more »
2008-07-24
 

MTS and MySpace announce partnership

Mobile TeleSystems (MTS), the major Russian mobile phone operator, revealed a partnership with MySpace Russia to promote MySpace services for subscribers of MTS in the country. The popular social network and the ... more »
2008-07-16
 

Mail.ru more profitable than Google or Rambler

The South African media holding, Naspers, owning 33% of the share capital in Mail.ru, posted the financial results of the web portal for the years 2006-2008 in connection with a planned IPO, reported Kommersant. The ... more »
2008-07-14
 

Yandex takes over its road traffic data provider

One of the leading portals in the country, Yandex.ru, has acquired its recent provider of road traffic data, Smilink. The Smilink information project was created in 2001 for PDA users, who could buy a special add-on ... more »
2008-06-30
 

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