• N 4 March 2013

    Retailer's analysts forecast on consumer electronics trends

    Analysts at M.Video, one of Russia's largest consumer electronics retailers, have published their review on the country's market and forecasts for its nearest future. The current trend for more and more household appliances and consumer electronics being sold on the Internet will continue, the experts believe, and new types of stores combining online and offline retail are soon to appear.

  • N 1 March 2013

    Alisher Usmanov sells Mail.Ru stake

    Ardoe Finace, part of Alisher Usmanov's empire, is placing 15.5 m shares (7.4% charter capital) in Mail.Ru Group, in the form of GDRs. The sale is facilitated by Morgan Stanley.

  • N 28 February 2013

    Minister says all smartphones to support GLONASS soon

    Minister says all smartphones to support GLONASS soon

    GLONASS, a global satellite navigation system developed in Russia, will soon be available to all smartphone users around the world. Speaking at Mobile World Forum in Barcelona, Russia's communications minister Nikolay Nikiforov said mobile chipset manufacturers have agreed to include GLONASS support already this year.

  • N 27 February 2013

    Mail.Ru Group reports 36% income increase in 2012

    Mail.Ru Group reports 36% income increase in 2012

    Mail.Ru Group's proceedings in 2012 grew by 39%, reaching 21.15 bn rubles, and its net income increased by 36%, to 8.499 bn (roughly $277 m). The results show Mail.Ru growth rate is slowing down compared to 2011, when Mail.Ru reported a 58.6% net income increase. Data by According to TNS, Mail.Ru portal's audience reached 33.3 million users in December 2012.

  • N 25 February 2013

    Yandex launches own Android app store

    Yandex has launched its own mobile app store for devices running on Android OS. Dubbed Yandex.Store, the service is available to users globally and lists more than 50,000 applications. Users can pay for their apps using banking cards or their phone accounts (currently works with Russia's three major mobile operators).

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