June 27, 2017 8:57 PM ET

Internet Software and Services

Company Overview of Mail.Ru LLC

Company Overview

Mail.Ru LLC operates a Russian Internet portal which offers online communication services to the worldwide Russian-speaking population. Additionally, the company provides Web-based mail, online shopping, online auction, online advertising, and sales. Mail.Ru LLC was formerly known as Port.Ru Inc. The company was founded in 1998 and is based in Moscow, Russian Federation and has offices in St. Petersburg and New York. Mail.Ru LLC is a subsidiary of Mail.ru Group.

Pushechnaya Str. 2/6

Moscow,  103031

Russia

Founded in 1998

Phone:

7 495 725 6357

Fax:

7 495 725 6359

Key Executives for Mail.Ru LLC

Co-Founder of Mail.Ru Group and Chief Executive Officer of Mail.Ru Group
Age: 38
General Director
Head of Marketing and Sales Department
PR Director of Mail.Ru Group
Compensation as of Fiscal Year 2016.

Mail.Ru LLC Key Developments

Mail.Ru Launches Virtual Hosting Service

Mail.Ru Group has launched ins new Infra Mail.Ru cloud service for businesses to host their infrastructure on a virtual data centre.

Mail.ru Reports Earnings Results for the First Half of 2016; Revises Earnings Guidance for the Year 2016

Mail.ru reported earnings results for the first half of 2016. For the quarter, the company's revenue grew by 11.6% year-on-year in the first half to RUB 18.834 billion, while EBITDA increased 3.2% to RUB 8.691 billion in the six months. The company anticipates an EBITDA margin of 47%-48% over the full year, down slightly from a previous target of 47%-49%. Revenue growth in 2016 is expected to be at the low end of the guided range of 8%-14% as the weak consumer climate in Russia puts pressure on revenues from VAS and games.

Mail.ru Group Launches New Games Unit; Oleg Spilchevsky to Head of the New Unit

Mail.ru Group has founded a new unit that will focus on experimental online and offline games for Russian and Western markets. The unit will look for ideas for new projects, including projects based on new gaming trends and genres. Oleg Spilchevsky has been appointed the head of the new unit. He has previously worked as head of the gaming business at Mail.ru Group.

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Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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