... while pharmaceutical giant Hengrui and food conglomerate Haitian each raised about $1.3 billion. These notable debuts demonstrate that regional investors are once again willing to actively invest in public offerings. Other heavyweights, such as chip developer Montage Technology, are also planning listings on the Hong Kong stock exchange, aiming to raise up to $1 billion, indicating a revival of IPO activity at least in the Asian markets. In the U.S. and Europe, the situation is also significantly improving. The American ...

... may arise at this new technological frontier. The internet industry is experiencing a moment of fundamental changes that present both new opportunities and threats for established players. For investors, this necessitates a clear-eyed assessment of developments and adjustments in portfolio formation approaches. Below are some key points summarizing the impact of AI technologies on the market: Leaders Benefit from Innovation. Companies that manage to lead the AI trend gain competitive advantages and new sources of growth. Technological innovation helps them strengthen their leadership and increase their market share,...

... landscape. Estimates suggest that the total transaction volume in Russia for the entirety of 2024 was less than 10 billion rubles (approximately $120 million)—a drop in the ocean by global standards. Nevertheless, the local ecosystem continues to develop, relying on internal resources. In 2025, major corporations, banks, and state institutions have intensified support for strategically important technologies. At specialized forums (such as the Russian Venture Forum in Kazan, the "Pulse of Digitalization" conference, etc.), priority investment areas have been outlined: artificial intelligence, industrial software, cybersecurity, new ...

... significant investments from such large venture funds as Baring Vostok and Sistema, which allowed it to actively develop its logistics infrastructure and scale its business. In 2020, Ozon held a successful IPO on NASDAQ, which was an important stage in its development. Yandex Technology company Yandex, which started as a search engine, also attracted venture investments in the early stages of its development. Investments allowed the company to enter new markets and launch additional services such as Yandex.Taxi and Yandex....

... combine accounting and payment services for small businesses. Apart from these mega-deals, nearly every week sees announcements of smaller strategic acquisitions, especially in AI and security sectors. For example, Amazon recently joined the race for AI technologies by acquiring startup Bee , which developed a wearable AI gadget (a smart bracelet that records and transcribes speech). There is also consolidation in fintech: large players prefer to acquire innovative fintech services rather than create them from scratch. The wave of acquisitions clearly ...