Russia's Richest Man Wants to Be Your E-Mail Provider

Russian billionaire Alisher Usmanov at the St. Petersburg International Economic Forum 2013 (SPIEF) in St. Petersburg, Russia, on June 20, 2013. Photographer: Simon Dawson/Bloomberg
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(An earlier version of this article incorrectly said My.com users would get an email address, rather than an app.)

Mail.ru Group has practically conquered the Russian market. The Internet portal runs some of the most popular e-mail, messaging and social networking services in the country. It also has a sizable stake in VKontakte , Russia's largest social network, and Qiwi , a digital-payments provider that went public earlier this year.