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Mastercard backs start-ups in the field of AI for payments tech

Media & Marketing April 15, 2017 10:04 0 comments

Payments technology firm Mastercard has launched the global program Start Path 2017 and is looking for start-ups in the field of AI (artificial intelligence) that are rethinking the banking and payment services. In the spring…more »

Augustin Jianu

Traffic congestion in Bucharest would be 10-20 pct higher without Waze app, says minister of communication

Online April 04, 2017 12:22 0 comments

Augustin Jianu, Romania’s minister of communication, suggested that the traffic congestion in Bucharest would be worse if drivers didn’t have the Waze navigation application. “This app gathers data from traffic, from users, using certain algorithms…more »

"online shopping"

Fashion Days core client base comprises women using mobile phones for shopping

Media & Marketing April 03, 2017 19:00 0 comments

Online retailer Fashion Days has identified the clients’ consumption behavior particularities in March. According to the data, the women were the most active clients, placing over 65 percent of the total realized orders. Both the…more »

uber bucharest deputy mayor

Bucharest deputy mayor accuses Uber of tax evasion | Company says taxes paid for all rides

Online March 22, 2017 16:33 0 comments

The deputy mayor of Bucharest Aurelian Badulescu claims that Uber, the operator of the ride-sharing app, has an „illegal activity” in the local transport market. “Uber is at this moment an unauthorized activity, illegal, which…more »

elefant pick-up point

Elefant.ro to open 12 new pick-up points this year following EUR 2 mln investment

Online March 22, 2017 16:00 0 comments

The online retailer Elefant.ro announces the opening of 12 pick-up points in 2017, out of which six in Bucharest and six in other cities from Romania, in a bid to accomodate growing demand. The network…more »

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Uber plans to launch carpool service in Romania by mid-2018

Online March 21, 2017 16:05 0 comments

Technology start-up Uber is looking to launch UberPool in Romania in the next year and a half, according to Nicoleta Schroeder, the general manager of the local operations. The new service allows user to share…more »

Mihai-Patrascu

evoMAG aims to reach a turnover of EUR 25 mln in 2017 on higher growth for business segment

Online March 20, 2017 15:50 0 comments

The online retailer evoMAG aims to double its sales on business segment in 2017, having an average value of the shopping basket by 50 percent higher than the individuals segment, said on Monday the company…more »

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BR’s 17 leaders to watch: Iulian Stanciu – eMag

Online March 09, 2017 14:30 0 comments BR Exclusive

eMag, controlled by South African internet and media group Naspers, is racing to reach the EUR 1 billion milestone in turnover under the helm of Iulian Stanciu, the online retailer’s CEO. Stanciu, who believes that…more »

adrian enache

Adrian Enache launches OmniPerform, following EUR 100,000 investment

Media & Marketing March 08, 2017 12:14 0 comments

Adrian Enache has launched OmniPerform, a business that focuses on the omnichannel consultancy, process and algorithms of neuro-marketing and digital campaigns. The initial investment in the technology and agency is estimated at around EUR 100,000.…more »

Andrei Chirila_Chief Marketing Officer Fashion Days

Fashion Days expects 50 pct growth of business this year

Online March 03, 2017 12:23 0 comments

Online retailer Fashion Days, part of eMAG group, expects a 50 percent increase of its business this year after posting a 17 percent growth in turnover to EUR 50 million last year in the three…more »