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Russia: Mail.ru does car sharing deal with YouDrive stake

Russian internet group Mail.ru has teamed up with investment firm Proxima Capital to buy a controlling stake in car-sharing operator YouDrive, which it may...

Russia: Alibaba Expands into Russia

Alibaba, the Chinese eCommerce giant, inked a deal Tuesday, September 11, with the Russian Direct Investment Fund and Mail.ru Group to create AliExpress Russia. According...

China: Alibaba ties up with Russian’s eCommerce Endeavor

Alibaba is partnering with two Russian companies on an eCommerce venture as it looks to form its digital silk road across Eurasia. According to...
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