All posts for the month December, 2012

Sberbank Buys Control of Yandex.Money

Sberbank, Russia’s dominant bank, has just bought control of Yandex.Money, Russia’s leading e-wallet company offering similar functionality to PayPal. While the value of the deal is relatively small — Sberbank paid $60 million for its 75% stake, which is described as a joint venture — it positions the company as the most formidable competitor in […]

About Leighton Peter Prabhu

I am a partner in Interstice Consulting LLP and head of the Russian office. My practice focuses on e-commerce business and marketing consulting, especially for foreign e-commerce brands entering the Russian market. I also serve as a consultant to some of the largest international portfolio investors in Russian equities (both public and private). You can find out more about my background and business interests on LinkedIn. You can also connect with me on Twitter and on Google+.

Online Banking in Russia is Growing Rapidly

A recent article in Russia Beyond the Headlines discusses the growth in Russian online banking users. The numbers are quite impressive: growth of over 3.5 times in the period 2010-11 alone. They dovetail with first-hand experience of the evolution of payment methods in the e-commerce projects we run in Russia in cooperation with foreign companies. […]

About Leighton Peter Prabhu

I am a partner in Interstice Consulting LLP and head of the Russian office. My practice focuses on e-commerce business and marketing consulting, especially for foreign e-commerce brands entering the Russian market. I also serve as a consultant to some of the largest international portfolio investors in Russian equities (both public and private). You can find out more about my background and business interests on LinkedIn. You can also connect with me on Twitter and on Google+.

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