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Mail.ru Turns 10; Reports 50+ Monthly Users

Files under: News
Posted by: Yakov @ 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 messaging [...]

Alisher Usmanov Seeks To Acquire Stake In Yandex

Files under: Inside View, News
Posted by: Yakov @ 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 [...]

Mail.ru To Postpone $2 Billion IPO Until 2009

Files under: News, Tech
Posted by: Yakov @ 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 [...]

Digital Sky Technologies Consolidates 50% of Mail.ru

Files under: News
Posted by: Yakov @ 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 [...]

How Long Mail.ru and Yandex Will Lead The Russian Internet Race?

Files under: Inside View, News
Posted by: Yakov @ 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 daily [...]

Social Network Vkontakte Named Top Russian Web Site

Files under: News, Tech, Web 2.0
Posted by: Yakov @ 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 in St. [...]

Naspers Co-Owned Mail.ru To Do IPO At $2 Billion Value in London

Files under: News, Tech
Posted by: Yakov @ 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 [...]