Secondary housing supply has fallen by 10% in the month, since the beginning of the year the EdTech market has grown by 35%, Russian online cinemas have already earned 9 billion rubles on self-produced TV series and other August news fifteen.

The ruble exchange rate for the fall, the supply of secondary housing fell by 10%: the main thing on August 14

Finance

  • The exchange rate of the Russian national currency by the fall of 2023 will be in the region of 90-95 rubles to the dollar. The strengthening will be affected by two factors, analysts predict.
  • Against the backdrop of the rapidly weakening ruble, data center operators specializing in cryptocurrency mining are seeing increased demand for their services, Kommersant reports.

Business

  • Russian online cinemas have earned 9 billion rubles on series of their own production in the first half of the year. The platforms began to develop this niche after the release of foreign content.
  • Secondary housing supply fell 10% in one month. Studios, one-bedroom apartments and other affordable options have all but disappeared from the market, Izvestia reports.
  • In January-June 2023, the EdTech market grew 35% year-on-year. The revenue of the top 100 services exceeded 50 billion rubles. The results “were better than expected, given the market growth forecast of 15-20% year-on-year.”
  • “Vkusvill” launched a new online project “Indilavka”. Now customers have access to a range of goods from India with free delivery in St. Petersburg, Moscow and the region, as well as the “Delivery throughout Russia and the CIS” service.

Author:

RB team

Source: RB

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I am a professional journalist and content creator with extensive experience writing for news websites. I currently work as an author at Gadget Onus, where I specialize in covering hot news topics. My written pieces have been published on some of the biggest media outlets around the world, including The Guardian and BBC News.

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