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Warsaw event to highlight latest e-commerce trends in Central and Eastern Europe

E-commerce Trends 2015, a major e-commerce event in Poland, will hold its 6th edition at the Businessmen Institute in Warsaw on September 22-23. Highlighting the most important aspects of e-trade including cross-border trade, mobile commerce, modern logistics, payment and marketing services, the event will bring together key players from Central and Eastern Europe offering services and solutions for online shopping.

The conference will thus be attended by hundreds of executives of e-commerce companies, service providers, marketing, payments and logistics specialists as well as other professionals.

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50 top tech entrepreneurs and VCs launch non-profit to help Ukrainian startups penetrate Silicon Valley

Last week more than 50 of Ukraine’s most renowned tech entrepreneurs and investors launched UA50, a non-profit initiative to help Ukrainian startups enter the US and global markets.

By providing mentorship programs, networking opportunities and other guidance, the network aims to “cultivate a new generation of successful Ukrainian companies,” strengthen “Ukraine’s presence in the global tech innovation community,” and “bring prosperity and security to its citizens.”

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Mark Turrell

Young Global Leaders envoy chooses Ukraine to start new tech business

Upon his first visit to Ukraine in late May, technology entrepreneur Mark Turrell had no idea what to expect from a country that is at war. By his fourth visit two months later, though, he already had a team of six Ukrainian website and mobile application developers working on his new business.

Born in Canada, Turrell, 45, is an envoy for the Young Global Leaders Forum (YGL). According to the group’s website, the forum is a “unique, multi-stakeholder community of more than 900 exceptional young leaders” who are “bold, brave, action-oriented and entrepreneurial” that “commit both their time and talent to make the world a better place.”

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High-tech ‘refugees’ from Ukraine aim to take over US food delivery market

Ukrainian serial entrepreneur Yegor Anchishkin, who sold his startup Viewdle to Google-owned Motorola in 2012, is gearing up to enter the American produce delivery market. Last year he raised $2.5 million to fund, an online service that delivers produce from five grocery stores in Ukraine.

To boost his new venture CartFresh in the U.S., Anchishkin and his team entered the TechStars startup accelerator in Boston for its summer program.

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Estonian startup to make money transfers cheaper for Ukrainians

A new money-transfer service that helps users sidestep banking fees has opened for business in Ukraine. TransferWise, an Estonian startup, is a web-based solution that allows users to connect their bank card to an online profile and transfer any amount straight to a recipient’s own card account.

Recipients in Ukraine can get their hands on the money in just one working day either at their bank branch or in cash from an ATM in hryvnias.

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Horizon Capital invests in leading Ukrainian e-commerce site Rozetka

Yesterday the Emerging Europe Growth Fund II (EEGF II), a mid-cap private equity fund managed by Kyiv (Kiev)-based Horizon Capital, announced the acquisition of a stake in Rozetka, a leading Ukrainian e-commerce company.

The financial details of the deal were not disclosed, but speculations appeared in the media that Rozetka’s valuation could amount to anything between $200 and $700 million, and that the fund may have acquired an up to 15% stake.

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Ukrainian startup Preply joins TechStars in Berlin, receives $120,000 to accelerate development

Preply, a platform to find foreign language tutors for home or Skype lessons, has entered the acceleration program of TechStars in Berlin, which the US accelerator launched earlier this year.

The Ukrainian startup, which has received $120,000 from the accelerator, will move its headquarters to the German capital.

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Kyiv event honors Ukrainian student for technology “superior to those in use at Stanford”

As part of Pioneers Festival, Europe’s major startup and investor conference, the PioneersKyiv festival took place at M17 Contemporary Art Center on June 27.

The winner was Andrey Maranov, a student of Bogomolets National Medical University, whose startup ARanEd suggests a holistic approach to human skeleton research employing augmented reality technology.

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Ukrainian developers offer rival player to Apple’s iTunes

For most users of Apple gadgets, iTunes, the pre-installed Apple media player, is the obvious go-to application for listening to music. More discerning music lovers who want high-quality playback in all types of audio formats, might find the Ukrainian-developed VOX app a better solution.

The audio player had been downloaded 1 million times worldwide, and boasts more than 200,000 active monthly users. It’s been around for eight years now, but the key to its present success is the extensive development and upgrades done by Coppertino, a Ukrainian company with a research and development office in Kyiv and headquarters in California.

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Mobile Monday Ukraine

Mobile Monday resumes event activity in Ukraine

Resuming activities in Ukraine after two years of interruption, Mobile Monday gathered more than 90 industry professionals at Kyiv (Kiev)’s iHUB on June 25. In addition to mobile developers, project managers, top managers and investors, the event hosted industry figures from such companies as Groupon, ABBYY, Lohika Systems, Intersog, 4shared, Ciklum, Luxoft, PaymentWall.

Also attending were Ms. Arja Makkonen, Ambassador of Finland to Ukraine, and Dimitri Podoliev, co-founder and CEO at iHUB Network, with Mobile Monday’s founder Jari Tammisto speaking from Helsinki via via Skype.

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