Mail.ru Said to Seek Control of VKontakte After Scrapped IPO

Mail.ru Said to Seek Control of VKontakte After Scrapped IPO

Alexander Zemlianichenko Jr./Bloomberg

Mail.ru, which makes its money on advertising and virtual gifts and services for online gamers and users of social networks, owned 1.34 percent in Facebook , 4.11 percent in Groupon Inc. and 1.15 percent in Zynga Inc. as of July 30, according to its first-half report.