Estonia-based EstateGuru to carve out up to €5bn of expanding alternative real estate financing market

bne IntelliNews August 15, 2019

Co-founder of P2P lending platform believes real estate financing via digital platforms will increase to €75.6bn by 2025.

Polish cosmetics companies make it to the Chinese e-market

Nelly Tomchikova in Prague August 14, 2019

Companies such as Ziaja, Bielenda, Bell, Paese and Verona have successfully entered the Chinese market through the international e-commerce platforms AliExpress and Tmall.

Dostavista, the leading crowdsourced same-day delivery service, secures $15mn in series B funding

bne IntelliNews August 13, 2019

Dostavista, Russia’s leading crowd-sourced same-day delivery service operating globally, has raised $15m in a Series B funding round led by Vostok New Ventures, as well as other existing investors Flashpoint and Addventure

Belarus' export of computer services up 21% in 1H19

bne IntelliNews August 9, 2019

Belarus' export of computer services, telecommunication services and information services rose by 21% in the first half of 2019

Russian carsharing startup Delimobil could IPO in 2020

bne IntelliNews August 8, 2019

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.

Battle of the Russian voice assistants

Dasha Fomina in Moscow August 5, 2019

We are slaves to the keyboard if we want to act with the growing range of smart devices but being able to simply talk to a virtual assistant is the technological manumission that is already a reality. Russia is on the cutting edge of development

Twitter pays $47 Russian fine for failing to share data on users

bne IntelliNews August 2, 2019

Law requiring internet companies to keep data about their users on servers physically located in Russia breached.

Russian internet major expands gaming partnerships

bne IntelliNews August 2, 2019

Russian internet major closed a long-term partnership with Chinese videogames publisher iDreamSky Technology Holdings

Russia's Emerging Travel Group secures $10mn from Lev Leviev, Igor and Dmitri Bukhman

EWDN in Moscow July 31, 2019

Emerging Travel Group, an international online travel group with Russian connections, announced it raised $10mn in a Series E funding round from Russian-Israeli tech investor Lev Leviev.

Sberbank acquires logistics service provider Shiptor

EWDN in Moscow July 31, 2019

Sberbank announced the acquisition of Shiptor, a mid-sized logistics and delivery service provider on July 30, reports East-West Digital News (EWDN).

Russia's Runa Capital raises $70mn to invest in ‘deep-tech’ startups

EWDN in Moscow July 31, 2019

Runa Capital, a Palo Alto-headquartered venture investment firm with Russian roots, has closed $70mn for its third fund targeting early-stage “deep tech” startups, reports East-West Digital News (EWDN).

Russian Sberbank takes on Yandex by teaming up with

Vadim Dumesh in Paris July 25, 2019

Russia's largest bank and digital innovation front-runner Sberbank will create a 50/50 joint venture with internet major Group in the field of transportation and food delivery.

Bulgaria’s police raid cybersecurity firm linked to hack attack on tax authority

bne IntelliNews July 24, 2019

A TAD Group employee, 20-year old Kristian Boylkov, was accused by prosecutors of hacking the data of Bulgaria’s National Revenue Agency and getting access to the personal and financial data of millions of Bulgarians.

Russian second tier food retailer Vkusvill launches click and collect service

bne IntelliNews July 24, 2019

Online retail is growing in leaps and bounds in Russia even if traditional retail is in the doldrums.

Russia's TCS Group starts b2b voice recognition services

bne IntelliNews July 24, 2019

TCS Group that operates Russia’s only pure online bank Tinkoff Bank will allow third parties to develop their own voice recognition applications such as voice assistants and robots for call centres.

#bneTech: Kazakhstan attempts to spy on citizens’ web use via encryption-busting Qaznet Trust Certificate

bne IntelliNews July 24, 2019

This "is about surveillance, not security" says IT executive, urging browser-makers such as Mozilla and Google to intervene. Move comes following big anti-regime protests during election.

Romania's public health system jammed for three weeks by IT malfunction

Iulian Ernst in Bucharest July 23, 2019

Health Minister Sorina Pintea claims national health insurance house CNAS has "blocked the system" with excessive bureaucracy, and called for anti-corruption prosecutors to investigate.