Thursday, November 12, 2015

“VKontakte” and “Classmates” finally “registered” in Russian – Express-News

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12.11 | 13:10

Holding Mail.Ru Group, which owns the social network “VKontakte” and “Classmates” and that he ran through an offshore company changed ownership structure. In particular, the holding company will now manage the data through the social networks of Russian companies, without changing the ownership stake. And as we found out the journalists « Izvestia », these changes are linked, primarily, to the consolidation of the group, as well as simplification of its structure.

According to the spokesman of the corporation Mail.Ru Group, is now the main Russian legal entity which consolidates ownership of virtually all the assets of the holding company is “Internet company Meyl.ru” and directs it Bagudina Elena. The source separately said that the development of the social network “VKontakte” will be engaged LLC “VKontakte».

Before holding company Mail.Ru Group has decided to change the structure of ownership, 50.07% of the shares ” VKontakte “company owned by Mail.Ru Group Limited, which is registered in the British Virgin Islands, and 49.93% – owned Cypriot Vk.Com Holdings Limited. However, since August 2015, a majority stake (50.07%) passed the Russian social network of “Meyl.ru”, while 49.93% passed into the possession of the Company «Internet company Meyl.ru” which at 99.993% owned by Cyprus MGL Meil.Ru Eviti Limited.

The social network “Classmates” now also belongs to a Russian legal entity, namely, the same company “Internet company Meyl.ru.” However, in this case, the company owns 100% stake in the social network.

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