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November 10, 2012

Russian Internet Giant Mail.ru Sold Off Shares In Facebook, Zynga and Groupon

(GSM Insider) - According to report, Russian Internet giant Mail.ru sold off some of its shares in three American companies. These three companies are Facebook, Zynga and Group.


According to Interfax, Mail.ru stated that they owned the shares of Facebook for 0.75%, Zynga at 1.17% and Groupon for 4.12%. However, in the latest news from Mail.ru suggested that the shares of Facebook reduced to 0.52%, Zynga to 0.16% and Groupon at 0.84%. It is expected that the Russian company successfully exchanged 230 million from the sales of shares. 

Recently, Mail.ru also sold 40% of its shares in Free-lance.ru. 

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via: Interfax & Tech Sina