Russian Online Games Market To Hit $238 Million In 2009

Thursday, November 5th, 2009

The Russian online game market is expected to reach $238 million in 2009, up 29% from $185 million in 2008, according to data released by iKS-Consulting (via Prime-TASS BIT). The Russian mobile game market is valued at $87 million in 2009. MMOG will generate revenues of $210 million while casual games ...

Russian Mobile Advertising Market to Reach $31 Million in 2009

Friday, June 19th, 2009

According to PricewaterhouseCoopers, the Russian mobile advertising market reached $27 million in 2008, reported business newspaper Vedomosti. The market is expected to increase to $31 million in 2009. Most of mobile ad spending in Russia go to WAP sites and mobile marketing. Mobile internet advertising consist of spending on advertising delivered ...

Russian Venture Company to Launch $65 Million Seed Fund

Friday, June 19th, 2009

Russian Venture Company (RVK), which acts as a fund of funds and provided funding to 6 venture capital funds, is going to refine its strategy to more effectively support innovative technology startups in Russia. Igor Agamirzyan, General Director of RVK, announced at Moscow Venture Forum today that RVK will launch a ...