Tiger Global Management is a hedge fund created by Chase Coleman considered to be part of the so-called Tiger Cub Portfolio. With approximately $5 billion in assets under management, the fund has a strong technology sector focus. Tiger Global also owns a stake in Russian portal and search company, Yandex as well as a wide variety of technology investments around the globe, such as Jordan-based Maktoob, acquired by Yahoo last year and Turkish social media site, Yonja.
[aditude-amp id="flyingcarpet" targeting='{"env":"staging","page_type":"article","post_id":200927,"post_type":"story","post_chan":"none","tags":null,"ai":false,"category":"none","all_categories":"business,entrepreneur,","session":"B"}']Russian travel news portal, Tourbus.ru, published an estimate by the Russian National Association of e-commerce stating that online travel sales should grow from 9% of the total market in 2008 to 30% of the total market in 2011.
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