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Rambler Announces Year End 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 … Read More

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 … Read More

Index Ventures Invests £9.1m 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. … Read More

Internet & Business Conference in Russia

The 2nd Internet and Business conference will take place in Moscow on the 18th-20th of April. Some of the topics set to be covered include: Exponential growth of internet in Russia Contextual advertising/pay for placement systems and future developments Electronic … Read More

Google opens new office in Moscow

Google is celebrating their first anniversary in Russia at the moment and according to 3dnews.ru, they are marking the occasion by opening a new office in Moscow. In 2006, Google set up two development centers in Moscow and St. Petersburg. … Read More

Russian E-commerce up 42% in 2006

Yandex, the leading Russian search portal, has released a new report on the state of e-commerce in Russia. The results are promising, up 42% in 2006, racing ahead of the 25% rise seen in western markets. As expected, Moscow leads … Read More

Rambler appoints Ex-Yahoo as General Director

Russian search company Rambler has announced the appointment of former Yahoo! Europe chief, Mark Opzoomer, as General Director (CEO). This move is seen by many analysts as a positive step for the search company. While Rambler were the first search … Read More

Russian Yandex Introduces Conversion Tracking

Yandex, the largest of the search engines in Russia have introduced conversion/goal tracking to their engine this week. Site owners can place the JavaScript on their pages and conversions will be listed in their reports for PPC advertisements. The goal … Read More

Contexual advertising in Russia at $110m

According to research carried out by Begun.ru, Rambler and Yandex’s turnover in contexual advertising in 2006 was $110m. The market has risen 2½ times since the 2005 figure of $45m. The turnover of media advertising in 2006 amounted to $100m, … Read More

ICANN U-turn over outdated domains

According to Cnews, plans by ICANN to delete some of the more ‘outdated’ domain extensions in their index have been derailed. They had opened a public discussion in San Paulo with a view to removing these extensions, which ended last … Read More

Yandex reports 2006 profits in Russian market

Yandex, the leading Russian search engine, have announced their preliminary financial results for 2006. Revenue is reported to total $72m (USD), more than double that reported for 2005. “Our internal research indicates that 2006 was the first year that search/context advertising accounted for more than half of Russia’s total online advertising,” – said Arkady Volozh, General Director and co-founder of Yandex. … Read More

European telecoms operators threaten US search hegemony

Europe’s largest telecoms operators – with one American firm – are planning to launch a mobile phone search engine to rival Google and Yahoo. The companies concerned include Vodafone, France Telecom, Telefonica, Deutsche Telekom, Hutchison Whampoa, Telecom Italia and US firm Cingular. Combined, they have a user base of 600 million people – with some 20% in the UK expected to have broadband speed mobile phone access by the end of 2007.
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New to Russia, Google is struggling

The NY Times is carrying an article on Google’s lack of progress in Russia to date. Like the Chinese market, this is area which is dominated by the local players. “Google promised they would destroy everything, but look at where … Read More