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Following the flotation, enterprise chair Hanzade Dogan Boyner became a billionaire, but that status did not last long.
Former communications minister warns stock market value of Iranian telecom sector in danger of dropping sharply, with serious liquidity problems possibly ahead.
Russia is preparing for the second Russia-Africa summit, scheduled for October-November 2022 in Addis Ababa, Ethiopia, as it steps up its campaign to move closer to the African countries and pivot away from the West.
Bucharest-listed Purcari bought a 10% stake in 8Wines.com, a fast-growing online retailer of wines.
Russian internet major Mail.ru Group reported 27% year-on-year growth in revenues in 1Q21 under IFRS, with EBITDA up by 8% y/y making a 21% margin, and net income declining by 7% y/y. The revenue ...
AliExpress Russia, an e-commerce joint venture developed by Mail.ru Group, Alibaba, MegaFon and the Russian Direct Investment Fund (RDIF), disclosed some of its financial results for the first time, ...
Russian tech giants Yandex, Mail.ru Group, Ozon and Wildberries are developing their own fintech services in an expansion that could put them in stiff competition with the country’s leading banking institutions.
Russia’s largest bank and tech giant wannabe Sberbank has signed a non-binding agreement to acquire a 35% stake in MF Tekhnologii, the owner of a 58.3% voting interest in Mail.ru.
The number of Polish e-shops increased by 2,800 in the 1H19, to a new record high, mostly due to changes in how Poles shop, according to a study by Bisnode.
Yandex.Market online marketplace, a joint venture between internet major Yandex and Russia's largest bank Sberbank, closed a strategic partnership deal with Chinese e-commerce major JD.com.
The biggest bank in Georgia TBC is to arrive in Uzbekistan by buying local payment service Payme. It is acquiring a 51% stake for $5.5mn.
Russia's internet companies account for about 4% of Russian GDP, according to the estimates of the first deputy head of the presidential office Sergey Kiriyenko.
The turnover of online stores in the Czech Republic grew by 25% in 2018 y/y -- the fastest in the Central European region
Ukraine saw the second fastest e-commerce sector growth in Europe last year, up by just under a third, according to the EU-funded Better Regulation Delivery Office.