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MAIL.RU GROUP, ООО (commonly referred to as MAIL.RU) is a Russian Internet
Internet
company . 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
Internet
. As of 2013 according to comScore , websites owned by Mail.ru collectively had the largest audience in Russia
Russia
and captured the most screen time. Mail.Ru's sites reach approximately 86% of Russian Internet
Internet
users on a monthly basis and the company is in the top 5 of largest Internet
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
Odnoklassniki
and Moi 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
Mail.Ru
Agent and ICQ ), an e-mail service and Internet
Internet
portal Mail.ru, as well as a number of online games.

CONTENTS

* 1 History * 2 Statistics * 3 Services * 4 References * 5 External links

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
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 had to seek merger partners.

In 2001 Yuri Milner , then 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
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
Facebook
, stakes in Russia's two biggest social networking sites and Mail.ru. The company hired Goldman Sachs
Goldman Sachs
, JP Morgan , Morgan Stanley
Morgan Stanley
and VTB Capital to run the listing.

In March 2012 Yuri Milner 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
Mail.Ru
would discontinue using Google
Google
search services. Full migration to the use of Mail.Ru's own engine occurred in the summer of 2013.

In late 2012, Mail.ru Group's plans for buying two-letter domain My.com became known. This was interpreted as an intention of conquering world markets and of the upcoming re-branding of services under this name. At the end of 2012 Mail.ru Group bought the Ukrainian email service mail.ua, and 23 April 2013 registration of email addresses in this domain started.

In May 2017, Ukrainian President Petro Poroshenko
Petro Poroshenko
signed a decree to impose a ban on Mail.ru and its widely-used social networks including VKontakte
VKontakte
and Odnoklassniki
Odnoklassniki
as part of its continued sanctions on Russia
Russia
for its annexation of Crimea and involvement in the War in Donbass . The move was widely criticised as censorship, and Reporters Without Borders condemned the ban, calling it a "disproportionate measure that seriously undermines the Ukrainian people’s right to information and freedom of expression." Respondents in an online poll on the UNIAN site declared that 66% were “categorically against” the ban of Russian sites and another 11% said it would be easier to “ban the whole internet, like in North Korea”.

STATISTICS

* According to Alexa data for June 2007 , Mail.ru was the most popular Russian site on the web. * In 2005 there were more than 30 million users with 25 million emails a day. * By the end of 2006 it was announced that a strategic agreement with Yandex
Yandex
was achieved about the use of a Yandex
Yandex
search engine instead of Google
Google
. This has been reversed in January 2010. This collaboration was dropped in November 2012, with migration to own engine , which ended in mid-2013. * In January 2007 30% shares of Mail.ru were bought by South African company Naspers
Naspers
for $165 million. * It is reported by Grishin that the two other shareholders are the Digital Sky Technologies
Digital Sky Technologies
(DST) and Tiger Global Management (TGM).

SERVICES

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

* Email & portal – email, main page, content projects * Social networks – VK , OK.ru , My World * Instant messaging – Agent, ICQ * Online Games – MMO games, Social games, Mobile games * Search -webkit-column-width: 30em; column-width: 30em; list-style-type: decimal;">

* ^ https://corp.imgsmail.ru/media/files/mail.rugrouparfy2015.pdf * ^ "Mail.ru Site Info". Alexa Internet
Internet
. Retrieved 2015-03-31. * ^ " Mail.Ru
Mail.Ru
празднует 10-летие" (in Russian). Archived from the original on 2010-08-27. * ^ comScore. Which Sites Capture The Most Screen Time in Russia? * ^ comScore. Russians Spend over 6 hours a Month on Odnoklassniki * ^ "Russia\'s Mail.Ru
Mail.Ru
buys remaining stake in VKontakte
VKontakte
for $1.5 bln". Reuters. Retrieved 27 November 2014. * ^ "www.alexa.com". www.alexa.com. 2009-06-30. Archived from the original on 2009-03-02. Retrieved 2011-12-21. * ^ Digital Sky Technologies
Digital Sky Technologies
("DST") Changes Name to Mail.ru Group Archived October 20, 2010, at the Wayback Machine
Wayback Machine
. * ^ Weaver, Courtney (2010-10-26). "Testing Russian charm in the City". Ft.com. Retrieved 2011-12-21. * ^ "Mail.ru group corporate governance". mail.ru group. 2012-03-18. Retrieved 2012-03-18. * ^ Weaver, Courtney (2010-10-08). "Investors offered a slice of Facebook". Ft.com. Retrieved 2011-12-21. * ^ " Yuri Milner Is Freed From Mail.ru Board To Take Care Of Business". TechCrunch. 2012-03-14. Retrieved 2012-03-18. * ^ "Mail.ru group limited: Appointment of new Chairman". mail.ru group. 2012-03-14. Retrieved 2012-03-18. * ^ A B Mail.Ru
Mail.Ru
откажется от поисковых услуг Google
Google
// Vesti.ru (in Russian) * ^ A B Jennifer Slegg: Russia\'s Mail.Ru
Mail.Ru
Drops Google