Russia’s largest bank and digital innovation frontrunner Sberbank announced creating an Artificial Intelligence alliance including the state-controlled bank, Yandex and Mail.ru internet majors, MTC mobile operator, Gazprom Neft oil company, and RDIF
Russian internet major Yandex has sold out of its pilot smartphone model Yandex.Phone, which has proven to be a rare dud for the company, Kommersant daily reported on November 7, citing distributors and electronics retailers.
The draft law on limiting foreign investors share of “strategically important” tech companies has been considerably softened with the cap on foreign ownership increased from 20% to 49%.
Russian e-commerce major Ozon launched a new express delivery “Supermarket” service that will deliver food and grocery in under 40-60 minutes in some Moscow districts, Vedomosti daily reported on October 17 citing the representatives of the company.
Expansion ahead, but the sharp growth phase that was provoked by the entry of taxi aggregators through lower prices and more passengers is waning, says a study from the Analytic Centre.