Company results

Comparing apples and oranges: Forbes ranks Russia’s “Top 30 Internet companies”

March 8, 2013 March 8, 2013

In an attempt to shed some light on Russia’s Internet industry, the Russian edition of Forbes magazine released last week the 2013 edition of its “Top 30 Internet companies” ranking. The ranking is based on estimates of each company’s annual revenue. From a methodological standpoint, however, it leaves much to be desired. Not only is …

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Mail.Ru Group Limited preliminary trading statement for the full year 2012

February 26, 2013 February 26, 2013

Mail.Ru Group Limited (LSE: MAIL, hereinafter referred as “the Company” or “the Group”), a leading Internet company in the high-growth Russian-speaking Internet market, today provides the following preliminary unaudited segment financial information and key operating highlights for the full year ended 31 December 2012.

Yandex announces fourth quarter and full-year 2012 financial results

February 19, 2013 November 19, 2014

Moscow and The Hague, Netherlands – Yandex (Nasdaq:YNDX), one of Europe’s largest internet companies and the leading search provider in Russia, today announced its financial results for the fourth quarter and the full year ended December 31, 2012.

Mail.ru Group to pay record dividends

August 9, 2012 August 9, 2012

Mail.ru Group, a leading, LSE-listed Russian Internet group, will pay $800 million in dividends – mostly as a result of the sale of shares of Facebook. In May, Mail.ru received approximately $850 million for its share in the American social network. This is the first time in its history that Mail.ru has paid dividends, and they …

Mail.ru Group to pay record dividends Read More

Yandex improves click-through rates, expands profitability

August 1, 2012 August 1, 2012

The users of Yandex and its partnering sites click significantly more often on sponsored links following the introduction of new targeting instruments in the third quarter of last year, the search company announced to the press on Tuesday. These new instruments include targeting by gender, age and other socio-demographic criteria. Click-through rates grew by no less …

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Final audited IFRS results for FY 2011 and preliminary revenue update for Q1 2012

April 26, 2012 April 26, 2012

Dubai – Mail.Ru Group Limited (LSE: MAIL, hereinafter referred as “the Company” or “the Group”), one of the largest Internet companies in the high-growth Russian-speaking Internet market, today releases its annual report for 2011 and provides the following final audited segment financial information for the year ended 31 December 2011 and an update on the …

Final audited IFRS results for FY 2011 and preliminary revenue update for Q1 2012 Read More

Ozon 2011 revenue exceeds $300 million

April 5, 2012 April 5, 2012

The Ozon group yesterday announced revenue growth of 84% for last year in dollar value, reaching $302.5 million and outperforming the Russian online retail market’s estimated 25% rise to some $10 billion. Particularly notable was the 3.5-fold growth of Ozon Travel, the branch specializing in air and train tickets and hotel bookings. Established in 2009, …

Ozon 2011 revenue exceeds $300 million Read More

SAP revenues grows twice as fast in Russia and neighboring countries as world average

March 6, 2012 March 6, 2012

In 2011, SAP generated more revenues in Russia and the neighboring CIS countries than any of the other BRIC countries. The Russia and CIS region accounted for the fourth largest contribution to the firm’s global revenues, just after the USA, Germany, and the UK, news agency RIA Novosti reported.

Mail.Ru Group: Preliminary trading statement for fiscal year 2011

February 24, 2012 February 24, 2012

Dubai – Mail.Ru Group Limited (LSE: MAIL, hereinafter referred as “the Company” or “the Group”), one of the largest Internet companies in the high-growth Russian-speaking Internet market, today provides the following preliminary unaudited segment financial information for the second half and full year ended 31 December 2011.

Tele2 Russia’s revenue reached $1.7 billion in 2011

February 10, 2012 February 10, 2012

Tele2 Russia, a subsidiary of the Swedish-based European telecom group, announced 21% annual growth of its operating revenue over the course of 2011, to 51.9 billion roubles, or approximately $1.7 billion. The company’s EBITDA reached 20.3 billion roubles, or $676 million, up 36% from the previous year. In March, the company raised $1.06 billion in …

Tele2 Russia’s revenue reached $1.7 billion in 2011 Read More

Pay TV market leader Tricolor TV aims to reach 10 million subscribers

June 15, 2011 June 15, 2011

The client base of Tricolor TV, Russia’s leading satellite TV provider, rose by 10% between January and April 2011, reaching 8 million subscribers with 85% purchasing TV packages., The company expects to increase its subscriber base to 10 million households by the end of 2011, announced Tricolor TV General manager Vyacheslav Mordachev last week.

Yandex assets: A dominating player far beyond the search market

May 18, 2011 May 18, 2011

Although Yandex is best known internationally for its search engine, its other services — some of which are very far from search — are used everyday by millions of Russian-speaking Internet users. This is why the company deserves to be named an integrated Internet group rather than a search service. East-West Digital News is happy …

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