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    Mail.ru


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    (Wikipedia) - Mail.Ru   (Redirected from Mail.ru) Mail.Ru Group Type Traded as Founded Headquarters Key people Industry Products Services Revenue Employees Website Alexa rank Type of site Advertising Available in Launched Current status
    Public corporation
    LSE: MAIL
    1998
    Moscow, Russian Federation
    Dmitry Grishin, Yuri Milner
    Internet information providers
    Internet services (electronic mail, search engine, website catalogue, instant messaging, blogging, information, answers service)
    Email & portal, Social networks, Instant messaging, Online games, Search & e-commerce
    27.4 billion rub. (2013)
    3 000
    corp.mail.ru
    38 (April 2014)
    web portal
    yes
    Russian
    15 October 1998
    active
    Mail.ru headquarters in Moscow

    Mail.Ru Group (London Stock Exchange listed since November 5, 2010) is a Russian Internet company. It was started in 1998 as an e-mail service and went on to become a major player in the Russophone segment of Internet. As of 2013, according to comScore, websites owned by Mail.ru collectively had the largest audience in Russia and captured the most screen time. Mail.Ru''s sites reach approximately 86% of Russian Internet users on a monthly basis and the company is in the top 5 of largest Internet companies, based on the number of total pages viewed. Mail.ru controls the 3 largest Russian social networking sites. It operates the second and third most popular Russian social networking sites, Odnoklassniki and Moy Mir, respectively. Mail.ru holds 100% of shares of Russia''s most popular social network VKontakte and minority stakes in Qiwi, formerly OE Investments (15.04%). It also operates two instant messaging networks (Mail.Ru Agent and ICQ), an e-mail service and Internet portal Mail.ru, as well as a number of online games.

    Contents

    History

    The business was originally owned by Port.ru, a company founded in 1998 by Eugene Goland, Michael Zaitsev and Alexey Krivenkov as spin-off from DataArt. It received an initial investment of USD 1 million from the well-known investor (and fencing champion) James Melcher.

    The Mail.ru business expanded rapidly to reach the No. 1 market position in Russia by 2000. Attempts to fund the company’s expansion in 2000-2001 were thwarted by the collapse of the technology bubble and Mail.ru was forced to seek merger partners.

    In 2001, Yuri Milner, who was managing NetBridge (the owner of less popular internet brands) persuaded the well-known entrepreneur Igor Linshits to back a merger of the Mail.ru business with NetBridge. Igor Linshits subsequently took an active role in the development of the Mail.ru business. In connection with the merger, Milner became Mail.ru CEO.

    The company started to operate under its present name on 16 October 2001. Before that time its brand name was owned by Port.ru. It is headed by Dmitry Grishin. As of 2009, its global Alexa rating is 29.

    In 2003, Milner resigned from Mail.ru and subsequently set up another internet venture, Digital Sky Technologies (DST). In 2006, Igor Linshits sold his stake in Mail.ru to Tiger Fund and Milner''s DST for more than $100 million. In September 2010, DST changed its name to Mail.ru Group. Dmitry Grishin became one of the Mail.ru Group co-founders.

    In October 2010, Mail.ru announced plans for an IPO via the London stock market listing of a subsidiary – also called Mail.ru – worth more than $5bn. The IPO will offer a stake of about 17% of the subsidiary. The subsidiary will include about a quarter of the group’s shareholding in Facebook, stakes in Russia’s two biggest social networking sites and Mail.ru. The company has hired Goldman Sachs, JP Morgan, Morgan Stanley and VTB Capital to run the listing.

    In March 2012, Yuri Milner has stepped down from the role of Chairman of Mail.ru and from the Board of Directors. Dmitry Grishin was elected to the Board of Directors and appointed as Chairman of the Board while retaining his CEO position. There were no other changes to management or to the Board.

    In November 2012, it was reported that Mail.Ru disclaims search services Google. Full migration into own engine has occurred in the summer of 2013.

    In autumn 2012, it became known for buying two-letter domain My.com by Mail.ru Group. This was taken as a statement of the plans of conquering world markets and the upcoming re-branding of services under this name. In the end of 2012, Mail.ru Group bought Ukrainian email service mail.ua, and 23 April 2013 was opened registration email in this domain.

    Statistics Services

    Mail.Ru Group offers a variety of online communication products and entertainment services for Russian speakers all over the world

    Tags:African, Capital, Facebook, Goldman Sachs, Google, ICQ, IPO, Internet, London, Mail.ru, Mir, Moscow, Russia, Russian, Russian Federation, Search, South African, USD, Website, Wikipedia


    Website:http://mail.ru



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