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Bernard Lukey, Yandex EU:
We are Europe's largest Internet company working in Europe's lagest market
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The Runet 2012
Download «The Runet 2012» report
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Russian "Internet and Childrens" legislation.
Draft Bill no. 89417-6, passed by the lower house of Russia's parliament, has raised of a lot of argument.
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Russian e-commerce up by 27%
Russia's e-commerce market grew by 27% in 2012, reaching a value of over 400 bn. rubles ($12.6 bn.), according to Sergey Plugotarenko, head of the Russian Association for Electronic Communications (RAEC). Speaking at the annual RIF+KIB forum organised by RAEC, Mr. Plugotarenko added that physical goods sold via the Internet account for nearly three quarters of the market's value: 280 bn. rubles.
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Government to fund broadband Internet in provincial Russia
Russia's Ministry for Communications will help fund creation of broadband networks in distant parts of the country's provinces. The announcement was made by the Ministry's head Nikolay Nikiforov at the opening RIF+KIB conference on Wednesday.
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Game industry outstrips film distribution in Russia and CIS
Gaming industry has outstripped the film distribution market in Russia and the CIS countries in terms of both value and development rate, according to Mail.Ru Group's Games Department.
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Co-founders sell 48% VKontakte stock
Two co-founders of VKontakte social network have sold their shares in the company to United Capital Partners fund. Vyacheslav Miramishvili parted with his 40%, and Lev Leviev - with 8% of VK's stock.
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Yandex revenue nears that of Channel One Russia
Russia's leading search engine and Internet portal Yandex earned 28.1 bn rubles on advertising in 2012, just short of Channel One Russia, whose revenue reached 28.2 bn (roughly $0.9 bn).
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