Reps for Ticketland tell us via email the startup will take in a total of $120 million for 2013, and tickets sold will exceed 2 million for around 40,000 unique events.
The recommendation, still off the record, cam from the post-Soviet successor of the KGB, and followed the revelations made by Edward Snowden.
Guest Post Virtually non-existent a few years ago, Russia’s venture market neared $1 billion in total transaction amount in 2012, and it’s positioned to see a big jump over the next few years.
The Russian Internet giant made its first foray into the U.S. market today with the launch of an e-mail app (myMail), a messaging app (myChat), and a gaming app (myGames).
Telegram, a recently launched instant messenger, offers users encryption protection too sophisticated even for security agencies to overcome, the Russian business daily Vedomosti quoted Pavel Durov, a prominent Russian businessman, as saying.
Russia’s vibrant mobile advertising scene has seen two major moves in the last few weeks: the launch of ad network AdCamp by Pult Group and IMHO Vi, and the announcement of a $3 million investment in mobile real-time bidding platform AdMoment by two venture funds.
The new virtual card is intended for subscribers who have no bank account and for those who have one but avoid shopping online for security reasons.
“We do not agree with the Bank of Russia’s decision and intend to contest it in court after receiving the text of the decision,” said a Mail.ru rep.
If true, the Sputnik search engine — which admittedly sounds like the title for a forth Austin Powers movie — may also become the default search tool for all government facilities and state-backed organizations within the country.
In short, the zombies captured the city, bit all the Nazis, and the Second World War ended, leaving hordes of wandering ghouls. And now one lonely girl, a sniper sitting in a building, keeps shooting them down, one by one.
LitRes sells legal e-books in Russia. It was founded in 2006 to combat the rampant piracy in the e-book market and capitalize on the governments anti-piracy crackdown.
Former executives of Finam Global, the venture arm of leading Russian financial group Finam, have launched a $30 million high-tech fund to invest in “fast-growing markets of considerable size.”
One decade after it first entered the Russian market, fashion retailer Zara launched online sales in the country this past summer.
Yesterday PayPal became available to Russian users for domestic operations with the ruble as its 26th currency.
One Russian senator is on a crusade to take Twitter to task for violating laws on privacy — from the EU’s Articles of Convention on Human Rights to Russia’s own Personal Data Law.
Internet companies have repeatedly criticized the antipiracy law, believing that it will block bona fide sites.
Most culprits had fished for phone numbers in a variety of questionnaires people complete in stores or restaurants, as well as on social networks and online dating/matchmaking sites.
Digital Fortress, a US-based software developer with Russian roots, has rolled out its inaugural mobile app, an English-language instant messenger named Telegram. The app is now available on iTunes.
Skolkovo is a science park outside of Moscow that aims to be the “Russian Silicon Valley.” It will receive around $4 billion in state funding between now and 2020.
Lookout Mobile just found what may be the most sophisticated mobile malware businesses operating today.
Guest Post Here are some of the most pressing factors to consider before expanding your online business into Russia.
The United States assured Russia today that it would not seek the death penalty for any current or future charges against NSA leaker Edward Snowden.
In another positive, he also won’t be tortured.
A staggering 267,259 mobile apps are triggering SMS trojans, exploiting security holes, stealing private data, and building botnets, according to a study released today by security firm Juniper.
Facing charges of espionage, former National Security Agency contractor Edward Snowden is headed to Russia. Various press reports suggest that he’ll end up in Cuba, Ecuador or Iceland.
Editor’s Pick The Museum of Soviet Arcade Machines showed me a side of gaming I had never seen before.
Studying abroad for cheap isn’t easy to do no matter what country you live in. Now Russia has WeStudy.In, a new site dedicated to helping Russian students study in the U.S., Europe, or Australia.
According to a report in Russian newspaper Isvestia, Apple is attempting to trademark “iWatch” in Russia.
Editor’s Pick In the U.S. startup landscape, there is no shortage of business-focused startups. From a cursory look, it appears Europe also has enterprise-startup fever.
Suit Up describes itself as “the first 3D online fitting room” and already has impressive traction with huge brands.
Moscow is known for many things: majestic architecture, politics, and its concentration of the world’s billionaires. Another thing it is becoming known for: its burgeoning tech scene.
Image recognition startup Cortica has raised another $1.5 million in funding — this time from Russian technology powerhouse Mail.Ru Group.
The pair of rivals will skate, ski, and more in competitions for gold medals.
Guest Post While Apple’s products have become a must-have in the Russian political elite, some State Duma deputies are outraged with the executive office of the lower chamber for virtually forcing them to use iPads and iPhones for work.
In perhaps the clearest sign yet that enterprise social media management tool HootSuite has major global ambitions, the company announced this morning that it is adding support for managing China’s most popular microblogging platform, Tencent Weibo, and Russia’s most popular social media network, VK.com.
This feels like a good place to put a Russian reversal joke, but it’s too early in the day on the West Coast. Read on if you care about cosmonauts.
Eduston.tv launches an online business education portal for people in BRIC countries and reveals $1 million in seed funding.
The Russian government asks Facebook, Twitter, and YouTube to remove posts, following a recently passed law that blocks content relating to child porn, drug use, and suicide.
Online hotel booking service Ostrovok nabs $25 million from General Catalyst, Accel Partners, and Yuri Milner to become the top Internet travel company in the Russian-speaking world.
Guest Post The founders of one of Moscow’s biggest startup accelerators announced the creation of a fund primarily dedicated to IT projects in Russia.
A handful of investment firms: “Here’s $11 million!” Oktogo: ”Spasiba!”