Full migration to the use of Mail.Ru's own engine occurred in the summer of 2013. In November 2012, it was reported that Mail.Ru would discontinue using Google search services. There were no other changes to management or to the Board. Dmitry Grishin was elected to the Board of Directors and appointed as Chairman of the Board while retaining his CEO position. In March 2012, Yuri Milner stepped down from the role of Chairman of and from the board of directors. The company hired Goldman Sachs, JP Morgan, Morgan Stanley and VTB Capital to run the listing. The subsidiary will include about a quarter of the group's shareholding in Facebook, stakes in Russia's two biggest social networking sites and. The IPO will offer a stake of about 17% of the subsidiary. In October 2010, announced plans for an IPO via the London stock-market listing of a subsidiary – also called – worth more than $5bn. Dmitry Grishin became one of the Group co-founders. In September 2010, DST changed its name to Group. In 2006 Igor Linshits sold his stake in to Tiger Fund and Milner's DST for more than $100 million. In 2003 Milner resigned from and subsequently set up another internet venture, Digital Sky Technologies (DST). (As of 2009), its global Alexa rating is 29. Before that time its brand name was owned by. The company began to operate under its present name on 16 October 2001. In connection with the merger, Milner became CEO. Igor Linshits subsequently took an active role in the development of the business. In 2001, Yuri Milner, at the time managing NetBridge (the owner of several internet brands), persuaded the entrepreneur Igor Linshits to back a merger of the business with NetBridge. Attempts to fund the company's expansion in 2000–2001 were thwarted by the collapse of the technology bubble and had to seek merger partners. The business expanded rapidly to reach the No. It received an initial investment of US$1 million from the well-known investor (and fencing champion) James Melcher. The business was originally owned by, a company founded in 1998 by Eugene Goland, Michael Zaitsev and Alexey Krivenkov as spin-off from DataArt. It also operates two instant messaging networks (Mail.Ru Agent and ICQ), an e-mail service and Internet portal, as well as a number of online games. holds 100% of shares of Russia's most popular social network VKontakte and minority stakes in Qiwi, formerly OE Investments (15.04%). Mail.Ru controls and operates the 3 largest and most popular Russian social networking sites, VKontakte, Odnoklassniki, and Moi Mir, respectively. 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. (As of 2013) according to comScore, websites owned by collectively had the largest audience in Russia and captured the most screen time. It was started in 1998 as an e-mail service and went on to become a major corporate figure in the Russian-speaking segment of the Internet. Mail.Ru Group, ООО (commonly referred to as Mail.Ru) is a Russian internet company. Internet services (electronic mail, search engine, website catalogue, file hosting service, instant messaging, blogging, information, answers service)Įmail & portal, Social networks, Instant messaging, Online games, Search & e-commerce
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