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Russia: Mail.ru now owns VKontakte

Web service firm buys 'the Russian Facebook'.

17 September 2014

Russian web services firm Mail.ru already had a significant stake in VKontakte and has now paid almost $1.5 billion for the 48.01% it did not own.

VKontakte has 260 million registered users and 60 million daily users.

Sources: Wall Street Journal; GigaOm.

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Russia: Mail.ru now owns VKontakte

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