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Files under: News, Tech, Web 2.0
Posted by: Yakov @ 14:22 [21. 01. 08]
The Russian financial group Finam has invested some $30 million for a 10% stake in global social network Badoo to help it grow in Russia. The Russian social networking market reached over 10 million users in January 2008.
 Badoo is a social networking site with photo and video sharing features. It has 12.7 million registered accounts, mostly in Latin America and Continental Europe. Badoo was launched from London in November 2006. Badoo is advertising-free, which should be why it has grown so quickly. Badoo was number 2 fastest rising search term on Google Zeitgeist list for 2007 published by TechCrunch last December.
Finam made an investment in Badoo out of its fund Finam - Information Technologies. Back in 2005, Finam bought-out a 68.5% stake in Mamba, a leading online dating community in Russia with over 9 million registered accounts, which is rumored to share the same technical founders with Badoo.
Our Q-blog recently named 2007 as the Year of Social Networks in Russia where Odnoklassniki.ru and Vkontakte are the leaders with more than 7 million and 4 million registered accounts, respectively.
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14 Responses to «Finam Puts $30 Million in Social Network Badoo»
1 Finam Invests $30 Million in Social Network Badoo Yakov @ 14:22 [21. 01. 08]
[…] network popular in Latin America and Continental Europe with 12.7 million registered accounts. The folks at Quintura have news that the Russian financial group Finam invested $30 million for a 10% stake in ownership, hoping to […]
2 TechCrunch UK » Blog Archive » Uk’s Badoo pulls $30m for Russian launch, ahead of a home push Yakov @ 14:22 [21. 01. 08]
[…] to Quintura, in 2005, Finam bought-out a 68.5% stake in Mamba, a leading online dating community in Russia with […]
3 Russians Invest $30 Million in Social Networking Site Badoo Yakov @ 14:22 [21. 01. 08]
[…] (Quintura CEO Yakov Sadchikov has more here). […]
4 TechCrunch Japanese アーカイブ » ロシアの金融グループFinamが英国のSNS「Badoo」に$30M出資 Yakov @ 14:22 [21. 01. 08]
[…] （詳細はQuintura CEO Yakov Sadchikovのこちらをご参照ください） […]
5 Badoo lève 30 millions de $ Yakov @ 14:22 [21. 01. 08]
[…] Quintura le groupe financier Russe Finam serait devenu actionnaire du site à hauteur de 10% en y […]
6 Open Community Social Network, Badoo Raises $30 Million Yakov @ 14:22 [21. 01. 08]
[…] Source: Quintura Blog / TechCrunch] SPHERE IT! Categories: Finam, Badoo Leave a […]
7 Russians Invest $30m in Social Network Badoo | RussianMarketer Yakov @ 14:22 [21. 01. 08]
[…] Sadchikov, CEO of Quintura, reports that the Russian group Finam has invested $30m US for a 10% share in social site […]
8 Weekly Digest of the Social Networking Space: Jan 22, 2008 Yakov @ 14:22 [21. 01. 08]
[…] Russian Social Network gets $30million Badoo, a russian social network with heavy video and image sharing features has received funding, and is expected to grow in […]
9 Más negocios en Internet en Rusia - Finam invierte en Badoo Yakov @ 14:22 [21. 01. 08]
[…] más clara, ahora que Finam, uno de los grupos financieros más importantes del pais ha invertido 30 millones de dolares por un 10% de Badoo. Una de las redes sociales con más crecimiento en el 2007 (12,7 millones de usuarios, sobre todo […]
10 David Yakov @ 14:22 [21. 01. 08]
you are so lovely (in a non gay way) naive when you say:
‘Badoo was launched from London in November 2006. Badoo is advertising-free, which should be why it has grown so quickly’
trust me , latin americans don’t care about advertising, It grow that quickly because they spammed a lot using people email contact lists. besides they It’s pretty cool free dating service with plenty of people from your country
11 Yakov Yakov @ 14:22 [21. 01. 08]
sure, it’s more a dating service than anything else because it’s created by the guys who did one before
12 Dating Watch » Badoo valorisé à 300 millions de dollars Yakov @ 14:22 [21. 01. 08]
[…] Source : Mashable, Quintura Blog […]
13 Jacob Madison » Blog Archive » Finam Invests $30 Million in Social Network Badoo Yakov @ 14:22 [21. 01. 08]
[…] network popular in Latin America and Continental Europe with 12.7 million registered accounts. The folks at Quintura have news that the Russian financial group Finam invested $30 million for a 10% stake in ownership, hoping to […]
14 Q-blog » Blog Archive » Coral SISTEMA Strategic Fund приведёт в Россию FON Yakov @ 14:22 [21. 01. 08]
[…] последовала за недавними инвестициями Финама в Badoo и Playfon в Wappy.to с целью привести западные веб-сервисы на […]
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