On September 21 Wildberries, the number one retailer in Russia, launched sales in Ukraine. Customers can order goods with free delivery in the wildberries.ua online store as well as through the iOS mobile application. An Android app will be launched shortly. In addition to Russia and Ukraine, the company operates commercially in six countries: Belarus, Armenia, …
Russian e-commerce leader Wildberries launches in Ukraine Read More
Earlier this month AB Capital Group, the owner of international affiliate network Admitad, announced an investment of $3 million in cashback service company LetyShops. Founded by Ukrainian entrepreneurs in 2015, LetyShops is now headquartered in Hungary. Its service is available in seven languages, claiming a total of 2400 online shops and 12 million users. It stands as “one of the top cashback providers in [Russian-speaking …
Admitad owner invests $3 million in Ukrainian-founded cashback service Read More
Crunchbase and East-West Digital News are teaming up to cover key tech and venture trends in Eastern Europe. Since January 2019, EWDN chief editor Adrien Henni has offered a regular column to highlight the most notable industry facts and trends as well as promising tech innovations from this region. The last column, covering Q2 2020, reviews the main deals …
Industry review: Eastern European startups seduce Silicon Valley investors Read More
BlaBlaCar, the carpooling giant born in France, has stopped offering its services in Crimea, where it had been operating since 2014. The decision aims to avoid being targeted by the EU sanctions against firms operating on the peninsula, according to company representatives cited by local news website Crimea.Info. Since Russia took control of Crimea, a Ukrainian …
BlaBlaCar stops offering its services in Crimea to avoid EU sanctions Read More
Private equity fund manager Da Vinci Capital has agreed with DEG, a state-owned German development finance institution, a €30 million contribution to its new fund, ‘Da Vinci Capital Technology Fund III.’ The agreement is still subject to standard closing conditions. Da Vinci expects to attract other LPs in the course of the year to reach the fund’s initial $100 million (€90 …
Crunchbase and East-West Digital News are teaming up to cover key tech and venture trends in Eastern Europe. Since January 2019, EWDN chief editor Adrien Henni has offered a regular column to highlight the most notable industry facts and trends as well as promising tech innovations from this region. This full-year 2019 review lists the most important investment and …
BlaBlaCar, the carpooling giant born in France, is expanding to a new market segment with the acquisition of international bus ticketing platform Busfor. The deal, announced in September, has just been completed after obtaining the required antitrust permits in Ukraine, reports Kyiv Post. The terms of the agreement have not been disclosed, but it might be a non-money …
BlaBlaCar completes acquisition of bus ticketing platform Busfor Read More
Crunchbase and East-West Digital News are teaming up to cover key tech and venture trends from Russia and neighboring countries in Eastern Europe and Central Asia. Since January 2019, EWDN chief editor Adrien Henni has offered a monthly column to highlight the most notable industry facts and trends as well as promising tech innovations from these countries. The November review highlights a …
Crunchbase and East-West Digital News are teaming up to cover key tech and venture trends from Russia and neighboring countries in Eastern Europe and Central Asia. Since January 2019, EWDN chief editor Adrien Henni has offered a monthly column to highlight the most notable industry facts and trends as well as promising tech innovations from these countries. The October review highlights the …
Crunchbase and East-West Digital News are teaming up to cover key tech and venture trends from Russia and neighboring countries in Eastern Europe and Central Asia. Since January 2019, EWDN chief editor Adrien Henni has offered a monthly column to highlight the most notable industry facts and trends as well as promising tech innovations from these countries. The August review highlights the …
Crunchbase and East-West Digital News are teaming up to cover key tech and venture trends from Russia and neighboring countries in Eastern Europe and Central Asia. Since January 2019, EWDN chief editor Adrien Henni has offered a monthly column to highlight the most notable industry facts and trends as well as promising tech innovations from these countries. The July review analyzes the …
Last week German development finance institution DEG announced it provided equity funding to DataArt, a leading global developer of complex IT solutions. The amount of the deal was not disclosed. Alongside DEG, this venture round was backed by Da Vinci Capital – a major EBRD-backed and PE firm focusing on Russia and neighboring countries, which already provided funding to DataArt in late 2018. Founded in …
