Internet

Digital usage in Ukraine among the highest in the western world, says ATKearney report

In a major consumer survey, ATKearney shows that the use of digital offers across Ukraine does not lag behind the US and Europe at all – Ukraine is even among the top countries investigated. “In distinction to many countries in Europe, Ukrainians appreciate quality although their ability to pay is hampered by the ongoing crisis,” …

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Stock photo marketplace Depositphotos raises $5 million from EBRD and TMT Investments “to challenge market giants”

Depositphotos, an international stock photo platform with Ukrainian roots, announces a $5 million funding round led by the European Bank for Reconstruction and Development (EBRD) with the participation of TMT Investments. With this capital injection, the company aims to “become a leader in emerging markets while continuing to challenge the market leaders in Western countries.” The …

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Ukrainian team raises $1.2 million from international investors to launch on US long-term rental market

A bevy of individual investors from prestigious funds has invested in Ukrainian startup Rentberry, which is developing an online platform for long-term apartment rentals. The startup, which is still at the prototype stage, has been valued at $3 million, according to its founder. Among the investors are executives from Carlyle Group, Synergo Private Equity, Pegasus …

Ukrainian team raises $1.2 million from international investors to launch on US long-term rental market Read More

Ukrainian band tops ranking of most popular YouTube music video in Russia

YouTube has released a list of the music videos that were most popular in Russia in 2015.  At over 41 million views, a song by Ukrainian band “Vremya i Steklo” is number one, far ahead of all its competitors. Following Vremya i Steklo in the ranking were “A Million Voices,” the Eurovision song presented by Russia’s Polina Gagarina (14.3 million …

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Homegrown software helps reduce corruption in public procurement

Overseen by officials looking for kickbacks, Ukraine’s old, flesh, bones and paper system of procurement whittled away on average about $2.3 billion a year due to shady schemes. That’s 20% of taxpayers’ money that the government allocates to buying goods, labor and services for public needs. To put a plug in that corrupt drain, the …

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Uber to enter Ukrainian market with government support

Uber will soon start operating in Ukraine, Infrastructure Minstry said on Friday after meeting representatives of the US company, reports The Kyiv Post. “We met with company Uber. Substantial talk and mutual understanding,” Deputy Infrastructure Minister Volodymyr Omelyan wrote on his Facebook profile. The penetration of Uber’s services will eliminate possible corruption in taxi business, he believes.

Canadian mobile solution provider acquires Ukrainian notification service Jeapie

Canadian mobile e-commerce solution provider Mobify has acquired Jeapie, a Ukrainian startup offering an advanced mobile notification service. The amount of the transaction has not been disclosed, but a Jeapie shareholder told Ukraine Digital News it was “a seven-digit number.” In the nearest future, the Jeapie solution will be integrated to Mobify’s cloud-based Entreprise-SaaS platform for e-commerce, Jeapie’s …

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Ukraino-Slovenian printing solution provider secures $1.2 million to launch in US market

Tisk na Spletu, a provider of online printing solutions, has secured $1.2 million from Konstantin Puppo, a Ukrainian businessman from the printing industry, and an unnamed American investor. As reported by Ukrainian tech blog AIN.UA, the two investors will receive a 60% stake in Flyer Center, an innovative printing project which Tisk na Spletu intends to launch in …

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Education ministry teams up with Google to launch platform for Ukrainian inventors

The Institute of Education Content Modernization, a branch of the Ministry of Education and Science of Ukraine, has joined forces with Google Ukraine to develop an online platform dedicated to Ukrainian inventors. Christened “Ideas that change the world,” the platform was presented earlier this month at Google Day Ukraine 2015. Allowing anyone to suggest a bright idea and find …

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Ukrainian-Polish startup valued at $5 million in deal with UK fund

Prof.Estate, a startup developing real estate solutions with its main office in Kyiv (Kiev), has raised a seed-stage financing round from Forum Capital, a London-based investment banking firm, and other unnamed investors. Although the amount of the transaction has not been disclosed, the startup’s CEO Andrzej Olejnik told Ukrainian tech blog AIN.UA that Prof.Estate has …

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