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Rapid Growth in Russia Driving Advertiser Budget

The quarterly report from the Public Opinion Foundation (FOM) shows there are now 29m Internet users in Russia. Over the past 4 years this has increased by 150%: from 10% to 25% of the total population. Included in this figure are those users who visit the internet at least once

New Russian search engine GoGo launched

Mail.ru have launched a new search engine into Runet this week, called “GoGo”. GoGo allows you to search for web pages, pictures, photo and video files. In addition, area search index included Otvety.mail.ru service. The search engine currently indexes 1 billion Web pages, 100 million photographs and 500 thousand video

OLX launches Russian operation

OLX, the online classified service, have announced their expansion into the Russian market. The company provides a similar service to CraigsList, where users are encouraged to place free classified adverts for products or services. Working already in 35 countries, OLX usually advertises through Google Ads. However, it seemed natural for

Google Turns to Advertising in Russia

C-News reports that Google has launched its first ever advertising campaign in Russia. While usual Google policy is to rely on word of mouth to build support, they have decided to change policy in Runet. Google’s advertising banners appeared on the websites of a number of large internet resources, such

Survey Points to Google Poor Performance in Russia

This week comScore released a study on the most popular internet properties across Europe. As you would expect, Google is the most popular destination in 13 of the 16 countries surveyed. However the results show that Google has made less progress in Russia than other statistics would indicate. Yandex was

Rambler announces end-of-year results in Russia

Rambler Media, the holding group for the Rambler search portal, have published their end of year results for 2006 today. Report highlights: Internet Revenue up 91% on year to US$28.3m (from US$14.8m in 2005) 24.4m unique monthly users for Rambler.ru portal in Dec 2006, up 25% on last year 2

Russian Yandex Continues Push Into Ukraine

Yandex, the leading Russian search engine, announced today the opening of a new office in Kiev. One of the main thrusts of the new branch of Yandex will be to develop existing services for Ukrainian users. Ukraine is promising market for Yandex, where they currently fight for position with Google.

Russian LiveJournal joins Yandex Ad Network

Yandex has secured a contract with the company behind LiveJournal in Russia to display their contextual adverts on users blogs. LiveJournal is very popular in Russia with almost 1m blogs currently hosted on the system and a reported 3.3m visitors per month (compared to 6m visitors/month for the entire LiveJournal

Index Ventures invests £9.1 million in Russian Amazon

E-consultancy reports that Index Ventures, Holtzbrinck Ventures and Cisco Systems have invested £9.1m (approx. $18m) into Ozon.ru, the Russian “Amazon”. Ozon.ru intends to use the capital to develop its logistics, expand product lines and establish new distribution centres across Russia. Founded in 1998, Ozon.ru is the most popular e-commerce site

Mail.ru video service broadcasting Russian space launch

Mail.ru will has signed a deal to broadcast the Soyuz space shuttle launch through their new online video service, video.mail.ru. On 7 April at 21.00 Moscow time a live audience of millions of television viewers and Internet users can watch the launch of the manned spacecraft [Soyuz] from the Baikonur