Support The Moscow Times!
Contribute today

Mail.ru Sells Some Foreign Assets for $230M

By The Moscow Times

Mail.ru Group has sold a major part of its foreign assets in a series of deals estimated at $230 million, Vedomosti reported. The group cut its stake in Groupon from 4.12 percent to 0.84 percent, in Zynga from 1.17 percent to 0.16 percent and in Facebook from 0.75 percent to 0.52 percent, said Ksenia Chabanenko, a spokeswoman for the group.

(MT)

Related articles:

Read more

underground call

Striking Urals Miners Demand Video Call with Putin

Dozens of miners at Europe's largest emerald deposit are on strike to protest the planned closure of their mine.
1 Min read
close cooperation

Russia Says Military Ties With China Provide Global 'Stability'

Joint Russian and Chinese military exercises should remain "an important axis" of this partnership, Russian army chief Valery Gerasimov said.
1 Min read
active fighting

Putin Says Ukrainian Counteroffensive Failed to Reach Goals

He said Ukrainian forces had suffered "significant losses" but "the offensive potential of the Kyiv regime still remains."
1 Min read
eu ally

Ukrainian POWs Transferred to Hungary – Russian Orthodox Church

Kyiv said it had not been informed of the move and only learned about the exchange from public statements by the Hungarian side.
2 Min read