Alibaba is doubling down on Russia after the Chinese e-commerce giant launched a joint venture with one of the country’s leading internet companies. Russia is said to have over 70 million internet users, around half of its population, with countless more attracted from Russian-speaking neighboring countries. The numbers are projected to rise as, like in […]
View More Alibaba goes big on Russia with joint venture focused on gaming, shopping and moreCategory: Mail.ru Group
BlaBlaCar acquires carpool rival BeepCar from Russia’s Mail.Ru
Another acquisition for French carpooling platform BlaBlaCar: It’s picked up Russian Internet giant Mail.Ru’s relatively recent rival offering, BeepCar, in what’s being billed as both an acquisition and a partnership. BlaBlaCar says the move is aimed at consolidating its international growth. “Through this acquisition, we are doubling down our commitment to develop carpooling in Russia, […]
View More BlaBlaCar acquires carpool rival BeepCar from Russia’s Mail.RuPrisma co-founders raise $1M to build a social app called Capture
Two of the co-founders of the art filter app Prisma have left to build a new social app. Prisma, as you may recall, had a viral moment back in 2016 when selfie takers went crazy for the fine art spin the app’s AI put on photos — in just a few seconds of processing. Downloads leapt, art […]
View More Prisma co-founders raise $1M to build a social app called CaptureTelegram plans multi-billion dollar ICO for chat cryptocurrency
Encrypted messaging startup Telegram plans to launch its own blockchain platform and native cryptocurrency, powering payments on its chat app and beyond. According to multiple sources which have spoken to TechCrunch, the “Telegram Open Network” (TON) will be a new, ‘third generation’ blockchain with superior capabilities, after Bitcoin and, later, Ethereum paved the… Read More