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3 Dec 2021 15:47

CEO of Russia's VK resigns as state assumes control of internet firm

By Alexander MarrowMOSCOW, Dec 3 (Reuters) - Boris Dobrodeev on Friday said he was stepping down as CEO of Russian internet company VK , amid a significant overhaul of the firm's shareholder structure that has seen state-owned entities assume con...

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2 Dec 2021 14:59

UPDATE 2-Russia's VK internet group sold to company linked to Putin ally

(Adds USM comment, updates share move)MOSCOW, Dec 2 (Reuters) - Russian billionaire Alisher Usmanov's holding company USM said on Thursday it had sold its stake in top Russian internet group VK to state-run insurer Sogaz, which is part-owned by a ...

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2 Dec 2021 14:59

UPDATE 1-Russia's VK internet group sold to company linked to Putin ally

(Adds details)MOSCOW, Dec 2 (Reuters) - Russian billionaire Alisher Usmanov's holding company USM said on Thursday it had sold its stake in top Russian internet group VK to state-run insurer Sogaz, which is part-owned by a longtime ally of Preside...

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2 Dec 2021 11:21

Russia's USM Holding sells stake in VK to Sogaz insurer

MOSCOW, Dec 2 (Reuters) - Russian billionaire Alisher Usmanov's USM holding said on Thursday it had sold its stake in VK Group, formerly known as Mail.RU, to the SOGAZ state-controlled insurance company.In a statement, it declined to say how much ...

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19 Nov 2021 11:36

Russia fines tech firm VK for not deleting banned content -Ifax

MOSCOW, Nov 19 (Reuters) - A Russian court fined internet company VK 3 million roubles ($40,860) on Friday for not deleting banned content from its social media site Odnoklassniki, the Interfax news agency reported.Moscow is striving to rein in fo...

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28 Oct 2021 09:08

UPDATE 1-Russian tech firm VK lowers 2021 revenue forecast on slowing growth

(Adds detail)By Anna RzhevkinaMOSCOW Oct 28 (Reuters) - Russian internet group VK downgraded its full-year revenue guidance to 124-127 billion roubles ($1.75-1.80 billion) on Thursday, citing slowing growth after a surge in pandemic demand.Its pre...

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28 Oct 2021 07:24

Russian tech firm VK downgrades 2021 revenue forecast

MOSCOW Oct 28 (Reuters) - Russian internet group VK downgraded its full-year revenue guidance to 124-127 billion roubles ($1.75-1.80 billion) on Thursday, citing a high base effect related to the COVID-19 pandemic.Its previous 2021 revenue forecas...

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12 Oct 2021 10:17

UPDATE 1-Russia's Mail.ru rebrands as VK, eyeing boost for online services

(Adds detail, quotes, background)MOSCOW, Oct 12 (Reuters) - Russian internet group Mail.ru Group said on Tuesday it was rebranding as VK, the initials of its social network VKontakte, and would rename a number of its services to incorporate the ne...

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12 Oct 2021 09:29

Russia's Mail.ru Group rebrands as VK, says CEO

MOSCOW, Oct 12 (Reuters) - Russian internet group Mail.ru Group said on Tuesday it was rebranding as VK, the initials of its social network VKontakte, and would rename a number of its services to incorporate the new brand.CEO Boris Dobrodeev said ...

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11 Oct 2021 09:18

AliExpress Russia reports 36% y/y transaction volume growth to $1.9 bln for H1

MOSCOW, Oct 11 (Reuters) - Online retailer AliExpress Russia on Monday reported gross merchandise volume (GMV) of 133.3 billion roubles ($1.86 billion) for the first half of the 2021-22 financial year, a year-on-year increase of 36%.AliExpress Rus...

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7 Oct 2021 07:37

UPDATE 1-Russia's Sberbank, Mail.Ru invest extra $168 mln into JV

(Adds detail)MOSCOW, Oct 7 (Reuters) - Russia's largest lender Sberbank and internet firm Mail.Ru have invested an additional 12.2 billion roubles ($168.39 million) in their ride-hailing and food delivery joint venture, the companies said on Thur...

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7 Oct 2021 07:00

Russia's Sberbank, Mail.Ru invest extra $168 mln into JV

MOSCOW, Oct 7 (Reuters) - Russia's largest lender Sberbank and internet firm Mail.Ru have invested an additional 12.2 billion roubles ($168.39 million) in their ride-hailing and food delivery joint venture, the companies said on Thursday.The fund...

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29 Jul 2021 08:43

UPDATE 1-Education tech, advertising lift Russia's Mail.ru revenues

(Adds financials detail, comment, background)July 29 (Reuters) - Russian internet group Mail.ru Group said on Thursday its second-quarter revenue rose 17.4% to 29.99 billion roubles ($409 million), boosted by a recovery in the online advertising m...

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29 Jul 2021 07:18

Russia's Mail.ru Group quarterly revenue rises 17.4% driven by advertising, edtech

July 29 (Reuters) - Russian internet group Mail.ru Group said on Thursday its second-quarter revenue rose 17.4% to 29.99 billion roubles ($409.19 million) boosted by a recovery in the advertising market and demand for education technology.Its net...

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14 Jul 2021 14:55

Russian food delivery service launches QR code tattoos for restaurant access

MOSCOW, July 14 (Reuters) - Russian food delivery service Delivery Club has started offering Moscow residents temporary tattoos of QR codes, needed for entry into restaurants and bars, to try and encourage people to get vaccinated against COVID-19...

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