Banca Transilvania launches Romania's first neobank
12 days ago
Russian carsharing start-up Delimobil could hold an IPO at the end of 2020 on Moscow Exchange, Interfax reported on August 7 citing the head of Mikro Kapital Group Vincenzo Trani.
Delimobil is one of about a dozen carsharing operators in Moscow that, along with Belka Car, You Drive, and Yandex.Drive, collectively control 94% of the market. Delimobil estimated that the carsharing market in Moscow already reached 12,000-13,000 vehicles in 2018.
"As far as an IPO is concerned, we plan it on the Moscow Exchange, not abroad, and we plan it for the end of 2020," Trani said.
Carsharing participants in Moscow could triple to 30,000 by 2025, according to a PriceWaterHouseCoopers forecast cited by RBC business portal in September 2018. The total car sharing and taxi market in 2017-2025 will grow 2.5-fold to RUB1.6 trillion ($24bn), as estimated by Sberbank CIB.
Related Content
Tech
Banca Transilvania launches Romania's first neobank
Salt Bank was created on the foundations of Idea Bank, which was taken over by Banca Transilvania.
_1711970902.jpg)
Russia's data management segment boosted by foreign vendors' exit
While the exit of foreign vendors following Russia's invasion of Ukraine two years ago dealt a hard blow to some industries, other sectors have benefited, such as Russia's data management and storage industry, which is projected to triple by 2027.
Unicorn start-up Uzum is digitising Uzbekistan
In Uzbekistan a bold digital revolution is transforming society. Spearheading this transformation is Uzum, an e-commerce start-up which recently raised $52mn in funding, making it Uzbekistan’s first tech unicorn.
Bulgaria’s Paynetics acquires Bulgarian-UK neobank Novus
Novus users can monitor their carbon footprint and earn cashback for sustainable purchasing choices through its app.
BRICS announce a blockchain-based payment system to create a common currency
For a long time the BRICS countries have been trying to move away from the dollar, but creating a common currency has not been possible, due to the dominance of China's economy within the group.
Most Read
-
Russia’s war economy boosted by rising oil prices
1 day ago
-
Russia's finance ministry re-engineers tax system
1 day ago
-
Serbia’s President Vucic, the prophet of doom
1 day ago
-
Fresh evidence suggests that the April 2022 Istanbul peace deal to end the war in Ukraine was stillborn
17 hours ago
-
Russian peacekeeping forces reportedly leaving Nagorno-Karabakh
21 hours ago
-
Iran vs Israel: Who is better equipped for war?
4 days ago
-
Saudi Arabia to scale back plans for Neom city
7 days ago
-
BREAKING: Iraq, Syria and Jordan close airspace amid Iranian strike on Israel
4 days ago
-
PANNIER: Caspian military drills that exclude Russia and Iran have some people in Moscow asking questions
5 days ago
-
Oil continues to flow to Israel via Turkey despite Erdogan’s vehement speeches on plight of Gaza
5 months ago
-
Russia could pay off its entire external debt tomorrow, in cash
18 days ago
-
Speculation swirls of “Men in Blue” in Crocus City Hall terrorist attack linked to FSB
22 days ago
-
Albanians campaign on social media to keep bus bridge created in freak accident
1 year ago
-
UBN: Russia could take the Baltic states in 48 hours
27 days ago
-
BRICS announce a blockchain-based payment system to create a common currency
20 days ago