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Files under: News, Tech, Web 2.0
Posted by: admin @ 11:51 [9. 05. 11]
Russia’s leading search engine company Yandex, which plans to list on NASDAQ under the symbol “YNDX“, has announced terms for its IPO. The company plans to raise between $1,044 million and $1,148 million by offering ca. 52.2 million shares (or ca. 16% of total issued shares after IPO) at a price of between $20 and [...]
Files under: News, Web 2.0
Posted by: admin @ 05:33 [29. 11. 10]
The leading Russian search engine Yandex could do a London IPO in early 2011. Yandex IPO could be valued at over $1.5 billion (GBP 1 billion), according to Reuters. This month, Russia’s leading online company, Mail.ru Group‘ IPO raised $1 billion in London. Launched in 1997, Yandex’ search share in Russia reached over 64% in [...]
Files under: News, Web 2.0
Posted by: admin @ 02:21 [29. 10. 10]
Igor Matsanyuk, founder of online and casual games company IT Territory, will receive up to $85 million from a sale of his 1.6 percent stake in Mail.ru Group at London IPO, according to newspaper Vedomosti. The paper said that Igor Matsanyuk invested just $0.3 million in IT Territory six years ago, which will imply over [...]
Files under: News
Posted by: admin @ 13:58 [25. 10. 10]
The largest Russian Internet company Mail.ru Group has set the indicative price range for its upcoming IPO in London. The company set the price at between $23.70 and $27.70 per Global Depositary Receipt (GDR). Mail.ru Group will offer 3.03 million new ordinary shares in the form of GDRs. In addition, 28.59 million ordinary shares in [...]
Files under: News, Tech, Web 2.0
Posted by: admin @ 06:27 [25. 10. 10]
// Mail.ru Group, which plans to sell shares at a London IPO, will invest some of the proceeds from IPO into increasing its stake in the leading Russian social network Vkontakte.ru. Mail.ru Group, which already owns social network Odnoklassniki.ru, plans to acquire an additional stake in Vkontakte, valuing it at $1,500 million, reported Vedomosti.ru Mail.ru Group [...]
Files under: News, Tech
Posted by: admin @ 03:38 [11. 10. 10]
Mail.ru Group announced its plans to raise $500 million at IPO in London Stock Exchange in November 2010. Mail.ru plans to sell between 10 percent and 15 percent of existing shares to investors, according to Reuters. The IPO will imply valuation of Mail.ru Group at over $3.3 billion, making it the largest publicly-listed European Internet [...]
Files under: News
Posted by: Quintura @ 00:41 [6. 10. 10]
Mail.ru Group, which plans to hold a London IPO in 2010, will begin a pre-marketing for its IPO next Monday, reported newspaper Vedomosti. Two weeks later, Mail.ru Group will start IPO roadshow, the newspaper said. Mail.ru Group owns the leading Russian online portal Mail.ru, social network Odnoklassniki.ru and instant messaging service ICQ. According to Vedomosti, [...]
Files under: News, Tech
Posted by: Quintura @ 13:04 [17. 09. 10]
The leading Russian internet group Digital Sky Technologies (DST) has changed its name to Mail.ru Group, the company announced. Mail.ru Group could do IPO in London at valuation between $5 billion and 6 billion in October 2010, newspaper Vedomosti reported. Mail.ru Group owns Mail.ru online portal, Odnoklassniki.ru social network and ICQ instant messaging service. Mail.ru [...]
Files under: News, Tech, Web 2.0
Posted by: Quintura @ 06:35 [24. 06. 10]
Russia’s leading online portal company, Mail.ru has reported total revenues of US$ 126.4 million in 2009, up 67% from 2008, according to International Accounting Standards, the company reported. In Russian Rubles, Mail.ru doubled ts revenues last year. Mail.ru’s EBITDA reached $55.5 million in 2009, up 23% from 2008. The Mail.ru‘s EBITDA margin was 44%. Most of [...]
Files under: News
Posted by: Quintura @ 07:47 [14. 09. 09]
Jennifer Trelewicz, who was CTO of Google Russia, has left Google to join Russia’s leading online portal Mail.ru as Deputy CTO. Jennifer was CTO of Google in Russia for two years. Before that, she worked as Director of IBM’s first R&D lab in Russia. Followed by rejection of its acquisition of Begun contextual advertising service [...]
Files under: News
Posted by: Quintura @ 06:35 [16. 10. 08]
The leading Russian internet company Mail.ru turned 10 on October 15, 2008, the company announced. Mail.ru received a telegram from Dmitry Medvedev, President of Russia who congratulated its staff on the 10th anniversary. Started as a web mail service, Mail.ru now also operates some of the most popular online services in Russia such as instant [...]
Files under: Inside View, News
Posted by: Quintura @ 12:27 [4. 08. 08]
The founder of Metalloinvest holding and owner of Kommersant publishing house, Alisher Usmanov is becoming a major investor in Russian internet, reported business daily Vedomosti. According to newspaper, he is negotiating an acquisition of a 10%-20% stake in Russia’s leading search engine Yandex from the founding managers of the company as well as via new [...]
Files under: News, Tech
Posted by: Quintura @ 11:53 [30. 07. 08]
The shareholders of Mail.ru decided to postpone its IPO in London until 2009, reported Kommersant by quoting the company’s CEO. This will help Mail.ru to increase its value from current $1.5 billion to $2 billion, estimated analysts. According to newspaper, Goldman Sachs will handle the IPO. Mail.ru reported the highest EBITDA margin of 64% among [...]
Files under: News
Posted by: Quintura @ 17:29 [28. 07. 08]
Digital Sky Technologies (DST), an Internet investment group run by Yuri Milner, has obtained a 50.6% majority stake in Mail.ru by acquiring an additional 15% stake in the company from Tiger Global Management, reported Vedomosti. The deal could be valued at between $180 million and $200 million. That may put Mail.ru‘s IPO plans in 2008 [...]
Files under: Inside View, News
Posted by: Quintura @ 14:00 [17. 07. 08]
The most popular Russian web properties in June 2008 were Mail.ru with 14.7 million unique visitors, Yandex with 14.6 million, the social networks Odnoklassniki.ru – 10.6 million and Vkontakte – 9.4 million, and Rambler – 9.1 million, reported business daily Vedomosti according to TNS Web Index. Mail.ru also led the Russian market with 6.2 million [...]
Files under: News, Tech, Web 2.0
Posted by: Quintura @ 19:39 [13. 06. 08]
// The leading Russian social networking site Vkontakte has been named top Russian web-site, in the list of top ten Web 2.0 sites in Russia reported by an Eastern European advisory firm GoalEurope, based on data collected by Alexa. Vkontakte, which was started as a copycat of Facebook by two brothers Pavel and Nikolai Durov [...]
Files under: News, Tech
Posted by: Quintura @ 09:59 [21. 05. 08]
The largest Russian free web mail provider and portal Mail.ru is expected to do an initial public offering (IPO) of shares in London in 2008 that would value the company at $2 billion, reported business daily Kommersant today. It is said that the company is discussing IPO terms with the banks Citibank, Goldman Sachs and [...]
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