Accel Partners, Mangrove Capital, Others Invest $20 Million in Russian Online Shopping Club KupiVIP.ru

Monday, February 1st, 2010

The online shopping club KupiVIP.ru, which is operated in Moscow by Privat Trade Ltd and organizes designer brand online sales in fashion and fashion accessories with large discounts off boutique prices, has raised $20 million in the third round of funding, KupiVIP.ru CEO Oskar Hartmann reported. The round was led ...

Posted in News Media | No Comments »

eHouse Bought Back SocNet Damochka.ru to Launch Online Shopping Club

Thursday, November 5th, 2009

Russian ecommerce group eHouse Holding, which sold 51% stake in Paintium, a company operating online dating and social networking site Damochka.ru and banner exchange network BannerBank for $3.3 million to Rambler Media in July 2006, has bought the online properties back from Rambler for about $0.2 million, reported CNews. Founded in ...

Posted in News Media | No Comments »