Russia

Afisha head leaves to join IRR.ru

Pronto-Media, the holding company of regional classifieds major Trader Media East (TME), has successfully recruited Danila Nikolaev from Russian media major Rambler & Co. The new hire is expected to play a major role in the general online classifieds platform IRR.ru. At Rambler & Co, Nikolaev was head of Afisha, a major online and print guide that reviews the best food and drink, events,...

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Russia’s Pronto-Media shuts down print IRR title

m4s0n501 Pronto-Media, a leading Russian publishing company owned by regional classifieds major Trader Media East (TME), has called time on the print version of its general classifieds brand IzRukVRuki (IRR). The company cited the loss-making status of the publication as the primary reason for its closure. The IRR newspaper was launched in 1992 and was the foundation upon which the online...

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Yandex launches jobs aggregator app

Russia’s Internet search giant Yandex is moving ever deeper into online classifieds. The latest move was made early in March, when Yandex launched a mobile app version of its Yandex.Rabota (Jobs) jobs aggregator. The app is not just a mobile-friendly version of its parent site, but a more streamlined service that focuses on job applications without resumes. With the app, job-seekers can...

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Russia’s Cian.ru poaches head of Yandex.Market

Cian.ru, Russia’s leading online real estate vertical, appointed Aleksey Avdei head of its resale real estate division, luring the executive from his position as head of Yandex.Market, the e-commerce marketplace run by the Russian search giant Yandex. Avdei had been with Yandex since 2000, and headed up the Yandex.Market product for the last seven years, which has become the essential and...

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Avito.ru in trouble over “misleading ads”

The Moscow office of Russia’s anti-monopoly authority accused Avito.ru, Russia’s biggest general classifieds platform, of publishing false information online. Avito has not yet commented on the situation. The platform, in which Kinnevik and Naspers are major shareholders, was accused of breaching regulations, when its real estate section published false information. The accusation...

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Weak Russian economy torpedoes HeadHunter deal

The planned sale of HeadHunter, Russia’s leading online recruitment classifieds platform, is on the rocks due to underperformance in the first quarter of 2015. HeadHunter’s financial underperformance forced Elbrus Capital to reconsider the acquisition, and the fund is currently re-evaluating the terms of the purchase. Last November the Russian Internet giant Mail.Ru Group agreed to...

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