Russia

New anti-fraud steps to boost Russia’s auto classifieds

The Russian authorities promised to have a website available at the end of this year, on which pictures of all vehicles involved in traffic accidents can be viewed. This measure is expected to impact the auto sales market positively – especially the country’s auto classifieds – since both buyers and professional sellers will be able to check the accident histories of used...

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Yandex releases healthy Q1 results

Russia’s Internet search giant Yandex returned solid results for Q1 of FY2015, with $211 million U.S. in revenue in the first three months of this year. The company, which has sizable interests in online classifieds including recruitment, auto and real estate platforms, has taken a hit on display advertising, but other indicators remained in good health. “Despite a challenging...

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SuperJob.ru releases app for employers

SuperJob.ru, Russia’s second largest recruitment site, launched a new app in Google Play on Apr. 23. Unlike the company’s existing app, which is focused on job-seekers, the new app targets employers. According to the recruitment platform, the app is aimed especially at small, private companies or recruitment agencies which need to fill positions quickly. The goal is to aid HR...

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AliExpress to open office in Russia

Major cross-border e-commerce platform AliExpress is in the process of opening a representative office in Russia, following several years of surging sales to the country. Part of China’s Alibaba, the b-to-c platform became the most-visited e-commerce site in Russia in 2014, overtaking fellow cross-border rival EBay. Its cheap offerings and online marketing campaigns (including an app and...

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HeadHunter sale officially off

The much-hyped sale of Russian online recruitment classifieds leader HeadHunter.ru is officially off, with parent company Mail.Ru Group notifying investors. Last November the Russian Internet giant Mail.Ru Group agreed to sell the recruitment platform to Russian private investment fund Elbrus Capital for $162 million U.S.. The deal was set to be completed in the first quarter of 2015. Insider...

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Russia’s Avito limits free real estate listings

In April, Russia’s leading general classifieds platform Avito introduced a limit on the number of free listings a user may make in the real estate segment. The primary aim of the move is to limit free listings by those that rent several rooms in their apartments individually, as these are considered to be professional agents.  Now, if an owner decides to sub-let individual rooms, the...

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