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.
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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