Around the Net
Mail.Ru, Russian Email Service, Cuts Stakes In Facebook, Groupon And Zygna
- Huffington Post, Monday, November 12, 2012 3:53 PM
Russian email-to-social networking group Mail.Ru has sold off parts of its stakes in Facebook, Groupon and Zynga, raising $200 - $250 million from the sales. A spokesperson for the group commented, "We've always been very clear that Groupon, Zynga and Facebook, positioned inside of Mail, are financial assets, not strategic ones."
