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Mail.ru Fails To Bid Russian Twitter Version

Whilst China’s Twitter clones have flourished, as it approaches its first anniversary, Mail.ru’s Futubra is to be closed. Figures for Futubra’s user based are not available. East-West: “Mail.ru Group CEO Dmitry Grishin had publicly conceded this past July that Futubra’s audience was not meeting expectations.” What is known is that Grishin and Mail.ru’s largest shareholder Alisher Usmanov are hoping to add to their 39.9% stake in leading Russian social network Vkonakte (VK).

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