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Prosus and VK battle over Avito

Dutch investment company Prosus, which owns 100% of classified ad site Avito's shares, does not want to sell its service to VK and continues to actively seek another buyer for the Russian horizontal. This article is locked. Please email info@aimgroup.com for more...

Eurasian Bank of Development launches job app

The Eurasian Bank of Development (EBD) has launched a new recruitment application, Work in the Eurasian Economic Union (EEU). The new service, which was introduced at the Intergovernmental Council in Minsk, Belarus, includes a search engine for listings, and provides...

New law could block Russia’s classified sites

Legal changes in Russia to prevent data on the country's citizens ending up in foreign hands could impact classified companies' investment prospects. Draft amendments to a data law, which have been submitted to the Russian State Duma, would limit foreigners' share in...