Stanislav Martynyuk - Ukraine Digital News

Intertelecom, AliExpress launch marketplace in Ukraine

July 29, 2019

Ukrainian mobile operator Intertelecom, one of the two CDMA operators in Ukraine, and AliExpress, a subsidiary of Chinese giant Alibaba, have launched a joint marketplace in Ukraine, the company said in a press release. Intertelecom and Alibaba signed their partnership agreement back in spring 2019. Dubbed ‘IT Market,’ the marketplace features products and services offered by …

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Online drug marketplace Liki24 raises $1 million from venture funds, business angels

July 10, 2019

Liki24, a Kyiv-based drug delivery service, has attracted $1 million in funding in its first investment round, Ukrainian tech blog AIN.UA reported. The round was led by two Ukrainian investors — TA Ventures, one of the largest and most active Ukraine-based VC firms, and Genesis Investments. Part of the funding was also provided by Michael Puzrakov, co-founder of …

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President Zelensky impressed with Station F in Paris, optimistic about IT development in Ukraine

June 25, 2019

As part of his first official visit to France last week, Ukrainian President Volodymyr Zelensky visited Station F, one of the world’s largest startup campuses in the heart of Paris, and discussed with his hosts possible cooperation in the IT area between Ukraine and France. Ukraine should not only be associated with agriculture, coal mines and …

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German DEG and Da Vinci Capital invest in DataArt, a global tech consultancy with roots in Eastern Europe

June 6, 2019

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 …

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New president Zelensky announces digital initiative to improve Ukraine’s governance

June 4, 2019

In late May, just days after his inauguration as president of Ukraine, Volodymyr Zelensky announced his first digital initiative, dubbed ‘LIFT,’ which is meant for bringing talent and ideas into state governance. Speaking at the iForum 2019 digital event in Kyiv on May 24, President Zelensky called on Ukrainian entrepreneurs and people at large to submit …

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Paymentwall opens new R&D office in Kyiv to boost operations

May 29, 2019

Earlier this month Paymentwall, a global payment service provider with Ukrainian roots, but headquartered in San Francisco, announced the opening of a new research and development office in Kyiv (Kiev). The move is explained by the recent launch of new products by the company. This requires to hire and accommodate new personnel, reported local tech blog …

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New law makes Ukrainian language mandatory for local websites, e-merchants, software publishers and distributors

May 17, 2019

Almost 28 years after Ukraine’s declaration of independence, and five years after a quasi-state of war with Russia, a new law imposes the use of the Ukrainian language in all B2C communications in the country. Signed by outgoing president Petro Poroshenko on May 15, the law will come into effect progressively within three years after its official publication …

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Ukrainian Genesis buys OLX businesses in Africa for its Jiji marketplace

April 8, 2019

Jiji, a leading marketplace for classifieds in Africa, has reached an agreement with Naspers to acquire the activities of OLX, its main competitor, on the African market, including businesses in Kenya, Ghana, Uganda and Tanzania. Jiji is a project of Genesis, a Kyiv- (Kiev-) based company which has developed a variety of Internet and mobile projects. Still …

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Popular Russian online stores and publishing houses banned from Ukraine

March 25, 2019

Ukrainian Internet users have been blocked from accessing three popular Russian online stores: Ozon.ru, LitRes.ru and Labirint.ru. The ban followed a recent decision by Ukraine’s National Security and Defense Council (NSDC) that expands the list of legal entities under economic sanctions. The sanctions, among other things, include limitations on their commercial activity and a prescription to block access …