Tatyana Bakalchuk is a rarity – a dotcom billionaire uninterested in outside capital or a stock market listing.

The founder of Wildberries, Russia’s largest ecommerce retailer, has made it to the top of Forbes’ list of Russia’s richest women without any help from external investors, and plans to keep it that way.

Speaking to Reuters via videolink from her home in the Moscow suburbs, Bakalchuk, a mother of seven and former teacher who founded her firm while on maternity leave in 2004, said a lo

MOSCOW, Aug 31 (Reuters) - Russian internet giant Yandex (YNDX.O) said on Tuesday it would buy Uber's (UBER.N) stakes in their joint foodtech, delivery and self-driving businesses, and increase its stake in their ride-hailing joint venture as part of a $1 billion deal.

The restructuring of the MLU ride-hailing and car sharing joint venture, which includes Yandex.Taxi, will see Yandex own 71% while Uber's stake falls to 29% from 33.5%, Yandex said, adding it had taken out a $2 billion call optio

MOSCOW (Reuters) - Mozambique’s talks with the International Monetary Fund (IMF) are making “encouraging progress,” as the country seeks to restore access to international financing, President Filipe Nyusi said on Wednesday.

Mozambique has been battling to recover from a debt crisis after admitting in 2016 to $1.4 billion of previously undisclosed lending, prompting the IMF to cut off support and triggering a currency collapse and debt default.

Speaking to Reuters on the sidelines of the Russi

GDANSK/MOSCOW (Reuters) - The coronavirus crisis has helped fuel a surge in online shopping in Russia that has put even the remote icy expanse of Chukotka on the e-commerce map.

The windswept region in Russia’s far east, where winter temperatures can fall below minus 50 degrees Celsius (-58F), has started to boom for online retailers since the pandemic started keeping consumers at home.

It’s a trend playing out across Russia, spurring explosive growth for online retailers. Traditionally unable

MOSCOW, June 16 (Reuters) - AB InBev Efes, a Russia-based unit of the world’s largest brewer Anheuser-Busch InBev (ABI.BR), expects double-digit growth in its non-alcoholic local beer sales in the next few years, after COVID-19 accelerated a shift towards healthier lifestyles.

While many beer lovers across the globe shifted to at-home consumption during the pandemic, non-alcoholic beer sales in Russia - the world's sixth-largest beer market - grew 13% year-on-year, while the overall beer market

MOSCOW (Reuters) - VkusVill, a fast growing Russian supermarket chain, is planning an initial public offering (IPO) in New York and expansion overseas, targeting markets in Europe and China.

Founder Andrey Krivenko told Reuters that VkusVill, which positions itself as a technology-focused company as well as a supermarket with around 1,000 stores in central Russia, is looking at a share listing on New York’s Nasdaq.

With annual revenue growth of 60%, VkusVill could become the first Russian food

MOSCOW (Reuters) - One summer night last year, sisters Krestina, Angelina and Maria Khachaturyan went into the room where their 57-year-old father Mikhail was sleeping and attacked him with pepper spray, a knife and a hammer.

The sisters are now on trial for his murder, but thousands of people have come out in support of them, saying the sisters were defending themselves from an abusive father after being failed by a Russian legal system that, critics say, turns a blind eye to domestic abuse.