In Russia’s largest e-commerce transaction of 2010, online classified advertiser Avito.ru has secured USD 26 million in new funding from Sweden’s Northzone Ventures and Investment AB Kinnevik. Kinnevik contributed most of the funding at USD 21 million. With the additional investment, Avito.ru is better positioned to compete with Slando.ru, IRR.ru, and OLX.ru, it’s main rivals [...]