Yobidoyobi franchises for online alcohol sales relocated: the essentials November 23

Russia

• The main Roskomnadzor Radio Frequency Center (GRCHT) proposed to determine the legal status of in-game currency, loot boxes, streaming platforms and donations, as well as to force sites to comply with the requirements of the Yarovaya package.

• The restriction on the purchase of shares in foreign companies will remain in force until the end of 2023. The president extended a decree issued in March on measures to guarantee financial stability.
• The government has updated the requirements for marking materials from foreign agents. The new labeling rules will go into effect on December 1, 2022.
• The first Moskvich cars will roll off the assembly line at the former Renault plant in Moscow in December, when sales will begin. In-house car assembly launched today; By the end of the year, it is planned to produce 400 cars with internal combustion engines and 200 electric vehicles.

Finance

• Russia’s largest foreign securities trading organizer, SPB Exchange, no longer has large shareholders who fell under the Western blockade sanctions. The last of these was Sovcombank, withdrew from the capital of the site.

• A bank support fund financed by the banks themselves may appear in Russia. The Bank of Russia, which is considering the possibility of organizing such a fund, justified the idea by the need to create a mechanism to support the sector without investing public funds in this process.
• The Bank of Russia has officially given the National Payment Card System (NSPK) the right to regulate the work of banks with cards of international payment systems (IPS), including dispute resolution and fee setting.
• TCS Group disclosed financial results for the first time since February, the organization’s net profit for the nine months of 2022 decreased by 78% compared to the same period in 2021. From January to September, the group earned 10.1 billion rubles, 4.6 times less than in the first three quarters of the previous year.

Business

• The Russian partner of the British Lush, Dmitry Azarov, will launch a new cosmetics chain under the Oomph brand in its place. The new chain will also focus on the sale of handmade cosmetics.

• The head of the Accounts Chamber of the Russian Federation, Alexei Kudrin, may meet with Vladimir Putin this week to discuss the terms of the Yandex split, The Bell writes. According to the publication’s sources, Yandex’s parent company will change its registration from Dutch to Russian, registering a new company in Russia.

• Denis Sverdlov, the founder of British startup Arrival, has planned to sell a 10% stake in the maker of electric trucks and buses amid the threat of bankruptcy.

• On Yandex.Market, sellers will be able to post photos on the market – short videos with products that can be purchased immediately. They will help brands increase sales and repurchase rates. Shots can be added to any product, and will go to the product’s offer card itself, and then to the “Shots” selection on the main page of the app.

• In November 2023, online sales of Russian alcohol will begin. An experiment on the online sale of domestic wine in Moscow and the region will be launched.
• Yobidoyobi chain will open sushi and roll delivery franchises in 10-15 countries in 2023. Among them, the most popular destinations for relocated Russians are Kazakhstan, Turkey, Armenia, Georgia, Cyprus, Azerbaijan, Cyprus, Israel, Thailand, Emirates United Arabs and others.
• Put up for sale by the American Kraft Heinz, the Russian baby food business attracted the attention of several investors at once. According to Kommersant, among them are the Chernogolovka and Farmalakt Groups that already operate in this segment, as well as AFK Sistema.
• China’s auto imports hit a record $560 million in October, up 27% from January 2022 and an all-time high

Technology

• The Ministry of Digital Development intends to update the Russian software classifier and add VR and AR software to it. A new section and 32 classes of programs will appear in the classifier.
• Parent company SpaceX is suing Ukrainian communications service provider Starlink over the name. The defendant in the case will also be Ukrpatent, which, long before SpaceX arrived in Ukraine, registered the Starlink trademark of the Ukrainian Starlink.

Social networks and media

• VKontakte has updated the rules for communities and abandoned various restrictions: now authors have no limit on the number of direct and native advertising posts they post on their own. Restrictions on changing themes have also been relaxed.

• Sber introduced an improved multilingual model for generating images from a text description. Kandinsky 2.0 works with 2 billion parameters and allows you to create images in 20 different styles, such as Renaissance, Classicism, Khokhloma.

• Odnoklassniki has launched monetization of content in the feed for authors who have more than 1000 followers in groups. For posts, photos, videos and long articles are suitable.