Russian Web/Mobile Firm Goes Public

“Rambler Media, a Russian media company behind one of Russia’s most popular Internet search engines, raised $40 million ahead of Wednesday’s debut on the London Stock Exchange… It also owns SMXCom, which provides content for mobile phones through its relationships with telco companies…Rambler plans to build on its position as a provider of Internet, mobile content, and TV broadcasting services to Russians across the world, said CEO Irina Gofman.”

Comments have been disabled for this post