Ozon, Russia’s largest e-commerce company, has raised $150 million in funding from diversified holding company Sistema and its mobile carrier subsidiary MTS (as expected). Under the agreement, both Sistema and MTS have invested $75 million for a 10.8% stake each, valuing the business at roughly $700 million. Both companies get a seat on Ozon’s board […]
The NSA scandal and Twitter ban in Turkey have sparked a surge in users for online privacy protection tools. While most of them seem to hail from the US, we take a look at European startup ZenMate…
There’s been a lot of chatter about France supposedly losing their best and brightest entrepreneurs. Why are we focusing on that, while there are tons of great entrepreneurs making the opposite move?
A long rant about why people should resist the urge to boast about their local tech startup scene with unnecessary and counter-productive hyperbole – because it doesn’t really help anyone at all.
Japanese e-commerce giant Rakuten has been quietly staking out a sizeable footprint in Europe and beyond. Ivo Spigel reports on Rakuten’s plans for taking on Amazon and eBay on the Old Continent.
Amsterdam-based Booking.com, the world’s largest hotel booking site with 425,000 hotels, says the total transaction value of mobile accommodation bookings grew to over $8 billion in 2013.
In a matter of months, German-British startup Lock8 claimed victory at TechCrunch’s European startup competition, kicked ass on Kickstarter and landed funding from big VCs. What gives?