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Today's paper. Last Updated: 05/25/2012

Mail.ru

IT

Mail.ru

Web-site: corp.mail.ru/en

"Mail.Ru Group is the largest Internet company in the Russian-speaking world and the leading Internet company in Russia, based on global monthly unique users. We operate Russia's leading e-mail service Mail@Mail.Ru and the two largest IM networks in Russia – Mail.Ru Agent and ICQ. We operate two of the three largest Russian-language online social networking sites – My World@Mail.Ru and Odnoklassniki.ru – and own a strategic minority equity stake in the social network Vkontakte." (Source: Mail.ru)

Major shareholders (% of economic interest, as of April 26, 2011): MIH Russia Internet BV (29.1%), New Media and Technology Investment LP and Ardoe Finance Ltd. (25.4%), founders and management (15.6%)

Headquarters: Moscow, Russian Federation

Latest mentions Search for Mail.ru

Usmanov Shows His Acumen Again in Facebook IPO

Russia's richest man recognized the value of Facebook three years ago when he invested in the social-networking company and has now enjoyed a payday of about $1 billion, propelling him further ahead of Russia's oligarchs, who have largely stuck with oil and steel.

Mail.ru, DST Specify Facebook Plans

Mail.ru Group, controlled by Alisher Usmanov and the DST funds he set up with Yury Milner and partners, will take part in the Facebook initial public offering, selling some of their stock in the social networking site.

Q1 Revenue Rises 45% at Mail.Ru

The increased popularity of Mail.Ru Group's online games, social networks, applications and advertising pushed up revenue 45 percent in the first quarter, while revenue for 2011 increased nearly 60 percent.

Yandex Electronic Payments System Adds MasterCard Plastic

Yandex.Dengi, the most popular online payment system among Russian Internet users, is now making available MasterCard-branded bank cards to all of its account holders, letting them use their online accounts to make purchases in stores and other locations.

Church Looks for Place to Put Its Homeless Tent

Snow came down Tuesday, an unwelcome and unexpected April shower, the tail end of a harsh winter that has seemingly decided to never end — temperatures are predicted to go down to minus 7 degrees Celsius on Thursday night.

Yury Milner Leaves Mail.ru

Internet company Mail.ru Group announced Wednesday that its board chairman Yury Milner will leave the company, with its current chief executive Dmitry Grishin becoming CEO and chairman.

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