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26 May 2021 16:37

Russia's FSB reports 'unprecedented' hacking campaign aimed at government agencies

MOSCOW, May 26 (Reuters) - Foreign hackers compromised Russian federal agencies in a digital espionage campaign that Russian officials described as unprecedented in scope and sophistication.The little-noticed report – published this month by Russi...

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1 Apr 2021 13:00

Russia's Sberbank and Mail.Ru on verge of dividing assets as JV nears split- sources

By Tatiana Voronova and Anna RzhevkinaMOSCOW, April 1 (Reuters) - Russia's largest lender Sberbank and internet firm Mail.Ru are on the verge of dividing assets in their ride-hailing and food delivery joint venture due to a wide range of disagreem...

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1 Apr 2021 09:00

Russian law requires smart devices to come pre-installed with domestic software

MOSCOW, April 1 (Reuters) - Smartphones, computers and other smart devices purchased in Russia must come pre-installed with Russian software after legislation came into force on Thursday, in a move that seeks to help Russian IT firms compete with ...

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30 Mar 2021 08:55

RPT-Russia's Mail.ru says has no plans to leave joint venture with Sberbank - Ifax

(Repeats with no changes to text)MOSCOW, March 30 (Reuters) - Russia's Mail.ru group said on Tuesday it had no plans to leave its joint venture with Sberbank, the country's largest lender, the Interfax news agency reported.The comment comes a day ...

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30 Mar 2021 08:36

Russia's Mail.ru says has no plans to leave joint venture with Sberbank - Ifax

MOSCOW, March 30 (Reuters) - Russia's Mail.ru group said on Tuesday it had no plans to leave its joint venture with Sberbank, the country's largest lender, the Interfax news agency reported.The comment comes a day after the Financial Times reporte...

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23 Mar 2021 12:44

Rostelecom and VTB aiming for more the 10% of Russia's big data market

MOSCOW March 23 (Reuters) - A joint venture set up by Rostelecom and VTB aims to capture more than 10% of Russia's market for "big data" products by 2025, the telecoms provider said on Tuesday.Their Big Data Platform plans to launch more than 30 ...

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4 Mar 2021 08:46

UPDATE 1-Mail.ru expects 2021 revenue to hit $1.75 bln after COVID catalyst

(Adds details, quote, background)March 4 (Reuters) - Russian internet group Mail.ru expects its revenue to grow to about $1.75 billion in 2021 as demand for online services grows as a result of the COVID-19 pandemic.Mail.ru on Thursday reported 202...

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4 Mar 2021 07:01

Russia's Mail.ru Group sees 2021 revenue growth of 18-21% to around $1.75 bln

March 4 (Reuters) - Russian internet group Mail.ru expects revenue to grow by 18-21% to 127-130 billion roubles ($1.72-1.76 billion) in 2021 and its EBITDA margin to increase compared to last year, it said on Thursday.The company reported that las...

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17 Dec 2020 08:18

Tech sector drives diversification of Russian stock market

* Tech sector weight on Moscow Exchange has doubled in 2020* Energy sector weight declined as oil prices plunged* Mail.Ru to replace Alrosa on blue-chip MOEX index* Headhunter, Ozon to be added to MOEX from Dec. 18By Alexander Marrow and Andrey Ostro...

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26 Oct 2020 19:01

Sands Capital selling 1.6% in Mail.ru via ABB - Ifx

MOSCOW, Oct 26 (Reuters) - U.S. investment group Sands Capital is selling around 1.6% in Russian internet group Mail.ru through accelerated book building at $27.25 per GDR, Interfax news agency said citing a source familiar with the deal on Monda...

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2 Oct 2020 11:00

Russia's sovereign wealth fund says invested in internet firm Mail.ru

MOSCOW, Oct 2 (Reuters) - The Russian Direct Investment Fund (RDIF) said on Friday it has invested in internet firm Mail.ru at its secondary public offering and convertible bond offering.The RDIF said China's Tencent and tech investor Prosus, a s...

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24 Sep 2020 06:36

REFILE-BUZZ-Mail.ru: RenCap talks up e-commerce M&A option

(Fixes spelling mistake in the last bullet.)** Renaissance Capital (RenCap) says M&A in e-commerce is an option after Russian internet firm Mail.ru said on Wednesday it wants to raise $600 million** Mail.ru plans to use the proceeds for organic gro...

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19 Aug 2020 09:31

Russia's Sberbank, Mail.Ru pump extra $164 mln into online food, taxi venture

MOSCOW, Aug 19 (Reuters) - Russia's largest lender Sberbank and internet firm Mail.ru said on Wednesday they had invested an additional 12 billion roubles ($164 million) in their ride-hailing and online food venture, on equal terms.The money woul...

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10 Jul 2020 13:30

AliExpress Russia eyes $10 bln turnover by 2022-2023, up an estimated 66%

By Nadezhda TsydenovaMOSCOW, July 10 (Reuters) - AliExpress Russia, an e-commerce venture between Chinese online shopping giant Alibaba and Russian partners, said it was aiming for annual turnover of $10 billion by 2022-2023, up from what analysts...

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16 Mar 2020 14:36

Russian retailer Ozon to spend $300 mln on logistics to boost growth

* Ozon to spend over $300 mln on logistics in 2-3 years* Company has talked to investment banks about IPO* Sales increased 93% to $1.1 billion in 2019* Coronavirus boosting sales of health-related goodsBy Alexander MarrowMOSCOW, March 16 (Reuters) - ...

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