Google predicts Russian operation to reach $1Bn
Both WebProNews and Bloomburg are reporting on the comments made by Vladimir Dolgov, Head of Google Russia, that online ad sales will jump fivefold in Russia to reach $1 billion in 2010. In 2010, Google believes its operations in Russia could be tapping a billion dollar Internet advertising market. 2007 saw Russia grow to a […]
Rumours of CEO change denied by Russian Yandex
Techcrunch reports of Ex-Yahoo SVP and General Manager of Search Vish Makhijani becoming Yandex CEO have been denied by the company in a press release today. Vish Makhijani has indeed joined Yandex but in the position of President and CEO of their new US technology and business development facility, “Yandex Labs” based in Silicone Valley, […]
Russian President calls for Cyrillic domain extension
Russian President Dmitry Medvedev joined calls for the country to be assigned an Internet domain name in the Cyrillic script, reports the Moscow Times on Wednesday as part of a Kremlin drive to promote Russian as a global language. He said 300 million people worldwide used Russian media and that a Cyrillic domain name would […]
Aegis Takes No.1 Position in Russia With Adwatch Buyout
Aegis Group plc has bought AdWatch in Russia to make the UK media buyer’s digital marketing unit Isobar the country’s number one in online media. Moscow headquartered AdWatch, founded in 2000, has gross assets of €9.5m and works for clients such as Microsoft, VTB Bank, SUN Interbrew, Canon and Rolf. Russia is seeing major growth […]
Russian Yandex Moves Closer to IPO
The Moscow Times reports that Yandex, the largest search engine in Russia, plans to raise $1.5b to $2b in a New York IPO this fall. Their source has said that these expectations are based on a preliminary valuation of Yandex at $5 billion. Meanwhile Google is looking to improve their performance in Russia, Google co-founder […]
Russians snub ICANN with IDN SU registrations
As we reported back in February 2007, ICANN is still attempting to delete the obsolete SU (Soviet Union) extension but having little success. While they have managed to decommission the .YU (Yogoslavia) extension successfully they are finding rebellion among Russian webmasters, ISPs and the Registry itself. To bring you up to date with the dispute […]
Russian WebMoney system: Free PDF magazine
If you are considering targeting the Russian audience, one of the first hurdles to overcome is how to deal with the local online payment methods. Credit cards have started to be distributed but they are expensive, with high interest rates, activation charges and a general lack of transparency in the charges. Many students and employees […]
Yandex partners with Russian Development Bank (RBR)
Yandex, the leading search engine in Russia has announced a partnership with the Russian Development Bank (RBR). This will allow users of their online payment system, Yandex Money to transfer funds to and from the virtual account via the ATM machines owned by the bank. Yandex Money is a system similar to PayPal. Registration in […]
Russian Yandex Hands Out Free Kaspersky Anti-Virus
Yandex, the leading search engine portal in Russia has signed a deal with Kaspersky Anti-Virus to bundle their product into their desktop application, Ya Online. Ya Online is free desktop software, which connects to their mail service (Yandex Post), allows users to search and gives them information on the weather and traffic in Moscow. It […]
China Baidu ranked third largest worldwide search property
ComScore have released new statistics showing that the Chinese search giant, Baidu is now the third largest worldwide search property. In December 2007 there were 66.2billion search queries made worldwide, 3.4billion of them were done at Baidu giving it 5.2% of the audience share. Of course Google dominated the study, with 62% audience share, followed […]