Russia

Avito COO warns Russian consumers about card safety

Following complaints of fraudulent activity,  Christoffer Norman, chief operating officer (COO) of Avito.ru, Russia’s largest online general classifieds platform (and one of the largest in the world), reminded local consumers never to share their card details with other users. The comments of Norman came in the wake of public complaints from the city of Engelsk, where two Avito consumers...

Read More

Russia’s Rambler appoints new acting director

Rambler&Co, one of Russia’s largest media holdings, hired a new acting director for its website Rambler.ru. She is Anastasia Babkina (photo), who has been a marketing executive of Rambler since 2011. Rambler’s site offers a variety of services, including auto vertical classifieds AutoRambler, email and search, online news and weather. Babkina is expected to add new dynamism to...

Read More

JD.com to enter Russian market

JD.com, one of China’s largest b-to-b marketplaces, has formally announced it will enter the Russian market, providing additional competition to an already competitive segment. JD.com, a subsidiary of e-commerce giant Tencent, decided to roll out its services in Russia due to the impressive growth of its rival marketplace AliExpress (owned by Alibaba). The new low-cost Chinese offering...

Read More

Yandex axes editorial staff of Auto.ru

Yandex, Russia’s Internet search giant, disbanded the editorial department of its leading auto classifieds site Auto.ru. In the wake of the ongoing economic crisis that grips Russia, the company decided to streamline the platform and prioritize aggregation services instead. Following the acquisition of Auto.ru by Yandex in 2014, Russia’s leading auto vertical has seen a shifting of...

Read More

Real estate aggregator Assis.ru rebrands into Zipal.ru

Assis.ru, Russia’s biggest online real estate classifieds aggregation platform, rebranded with a new name and website domain at Zipal.ru. The original site, a startup that came out of incubation at the Skolkovo Innovation Center (a Russian version of Sillicon Valley), allowed users and agencies to advertise properties for rent or sale across most of Russia’s real estate classifieds...

Read More

Hearst Shkulev Media buys Rugion

Russia’s large publishing house Hearst Shkulev Media (HSM) bought a controlling stake in Rugion, an expansive network of sites across 40 of Russia’s rural regions, including classifieds platforms. The purchase is believed to be worth somewhere in the region of €20 million ($21 million U.S.). HSM was acquired by Hearst Corporation, one of the oldest and best known media corporations of the...

Read More