by Alina Zaiets | Sep 20, 2020 | Automotive, REPORTS
The Russian automotive market is divided up between three major rivals, all with their own distinct advantages over each other This content is part of our business intelligence service. Please click the button below to learn more. Subscribe Username or E-mail Password...
by Alina Zaiets | Sep 3, 2020 | Marketplaces, Financials / Deals
A Russian business magazine published an article today suggesting that sellers on Avito and Youla would be subject to a new 13% sales tax. The Ministry of Finance quickly refuted the information, noting that the tax code specifies that sales tax is only required when...
by Alina Zaiets | Sep 3, 2020 | Recruitment, Financials / Deals
HeadHunter, the No.1 Russia-based recruitment vertical, saw revenue drop by 19% year-on-year in the second quarter of 2020. Revenue amounted to RUB1.5 billion ($22 million U.S.), while adjusted net income declined 30% to RUB412 million ($6 million U.S.). The overall...
by Alina Zaiets | Aug 11, 2020 | Recruitment
Last month, Goldman Sachs revealed that it would sell 9.9% of its stake in HeadHunter, the No.1 Russia-based recruitment classified, for $101 million U.S., putting the company's valuation over $1 billion U.S. This content is part of our business intelligence service....
by Alina Zaiets | Aug 6, 2020 | Marketplaces
Youla, the No. 2 horizontal in Russia, has launched an e-store tool for small and mid-sized companies. Avito, the leading horizontal classified in Russia, already offers a similar service. “With the launch of Stores, we plan to attract small and medium businesses to...
