... event: the market capitalization of the Chinese toy manufacturer Pop Mart, renowned for its collectible figures, has surpassed that of major Russian giants such as Gazprom and Tatneft. Against the backdrop of the unstable Russian market and a complex economic environment, Pop Mart's shares demonstrate impressive growth. This phenomenon piques the interest of investors and analysts, signaling that even companies from unconventional sectors can achieve remarkable results. In this article, we will delve into how Pop Mart surpassed Gazprom and what this implies for ...

... neighboring countries to develop their own startup ecosystems in line with global trends. At the St. Petersburg International Economic Forum (SPIEF-2025), a new venture fund from PSB Bank was announced in partnership with others — targeting around 12 ... ... global processes. Although the scale of the venture market in the region remains relatively modest, the foundation for future growth is being gradually laid. Investors are shifting their attention to more mature projects with well-thought-out business ...

... IPOs and large rounds indicate that the bottom of the downturn has been passed, and investors are once again ready to risk their capital. However, a degree of caution persists: preference is given to startups with sustainable business models, healthy economics, and a clear path to profitability. The strong influx of funds into AI, fintech, and cybersecurity sectors instills confidence in further market growth, but at the same time, venture funds are paying increased attention to diversification and risk management. The main priority becomes the quality of growth: a focus on the long-term sustainability of companies and reasonable project valuations,...

... to maintain the key rate at record levels. This raises transaction costs and reduces the expected profitability of projects. Economic uncertainty. Inflation, currency fluctuations, and unpredictable demand worsen transaction conditions. It is difficult ... ... investors. Macroeconomic Factors The state of the economy and politics directly impacts the M&A market. In recent years, GDP growth has slowed, and inflation remains above the target level, forcing the Central Bank to maintain high key rates. Expensive ...

... Successful IPOs and large rounds demonstrate that the bottom of the downturn has passed, and investors are ready to take risks with their capital again. However, caution persists: preference is given to startups with sustainable business models, solid economics, and a clear path to profitability. The substantial influx of funds into the AI, fintech, and cybersecurity sectors instills confidence in further market growth, but venture funds simultaneously pay increased attention to diversification and risk management. The main priority becomes the quality of growth: an emphasis on long-term sustainability of companies and reasonable valuation of projects, ensuring ...