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Articles by Adrien Henni
Russian Mobile Operator MTS to Invest $100M in Global AI
MTS will establish a new venture fund to invest in artificial intelligence across the world.
Russian Online Retail Pioneer KupiVIP Shuts Down
A failed deal with Yandex was the final chance to save the company, which struggled to compete with well-backed online retail firms.
Sberbank Accelerates Ecosystem Investment
The state-owned banking giant is pouring resources into its quest to become one of the country's leading internet companies.
Russian Food Tech Startup Scoops $46M For U.S. Launch
Samokat will launch in New York over the summer — the latest Russian tech company with eyes on lucrative Western markets.
Russian Food Tech Firms Look to Conquer U.S.
Rapid online grocery service Samokat is aiming to launch in New York later this year.
Russian Streaming Serve Ivi Scores $250M Investment
The largest ever deal in Russia’s online streaming industry comes as Russian government mulls new rules on foreign players.
Former Russian Government Official Denis Sverdlov Scores $10Bln With Electric Vehicle Startup
The tech entrepreneur and former deputy minister hopes his electric truck-maker Arrival can become the McDonald’s of the green transport revolution.
Russian Venture Capital Market Falls 20% During Pandemic
Total venture capital investment came in at $703 million in 2020.
Sberbank Announces $400M E-Commerce Investment
Russia’s state-owned lender continues its push into the technology and consumer spheres.
Investment House Targets $600M Fund for Russian Tech
Following success with unicorn startup HeadHunter, Elbrus Capital is stepping up its investments in the Russian digital space.
Tinkov Eyes Rivals For Bank Sale, Despite Agreement with Yandex – Reports
Yandex-Tinkoff deal potentially in trouble, as The Bell reports billionaire owner Oleg Tinkov is courting other bidders.
Russian Digital Majors Ozon and Ivi Plot U.S. Stock Market Launches
Online retailer Ozon could be valued at up to $5 billion in IPO expected in coming months.
Yandex and Sberbank Finalize Divorce
One of the most high-profile Russian corporate partnerships is winding up.
Russian Investment World Rocked by Yet Another Arrest
Alexander Povalko, the head of Russia’s state fund-of-funds, is being held under house arrest.
Will Telegram Ever Launch Planned $1.7Bln Blockchain Project?
Pavel Durov's TON crypto project beset by technical delays, legal challenges, and investor frustration.
Coronavirus Revolutionizes Russia’s Retail Scene
Retailers have been forced to digitize, move online and transform their businesses in the space of weeks.
Yandex Posts Steady Results After Turbulent 2019
Earnings beat analysts' expectations, but profits fell short.
Russia's Online Delivery Race Sees Tough Competition
The failure of three food delivery startups show how seriously Russia’s largest companies are investing in the sector.
Why Success Is Not Guaranteed in Russia’s Online Retail Race
The downfall of Bringly — an online marketplace supported by Yandex and Sberbank — shows how tough competition is in Russia’s e-commerce sector.
November Report: Russia’s Tech, Investment and Start-up Deals
EWDN’s monthly report on Russia’s tech and investment scene covers Sberbank’s sprawling ecosystem, Badoo’s megadeal and private fund shake-ups...
October Report: Russia’s Tech, Investment and Start-up Deals
EWDN's monthly report on Russia's tech and investment scene covers internet isolation, foreign ownership restrictions and joint ventures at Mail.Ru and...
IT’S A MATCH
Russian Billionaire Sells Dating App Empire in $3Bln Deal
Russian-British entrepreneur Andrey Andreyev sells brands including Badoo and Bumble to investment house Blackstone.
September Report: Russia’s Tech, Investment and Start-up Deals
BlaBlaCar on the move, Calvey’s detention extended, and a new report on Russian venture capital.