The Russian Internet Front

Russia remains one of the few European Internet markets that has not fallen to the global advance of the US’s technology giants. Local heroes such as Mail.ru, Russia’s largest web portal, and Yandex, the country’s leading search engine, have both gone public at eye-popping valuations during the last 12 months, holding their line against Google, Yahoo and Facebook. Now a fresh wave of fast-growing Russian e-commerce companies are rushing behind them towards the front line.