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MLRYY VK Company Ltd (CE)

0.9011
0.00 (0.00%)
27 Jun 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
VK Company Ltd (CE) USOTC:MLRYY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.00 0.00% 0.9011 0.00 01:00:00

Mail.Ru Group Disposes Of Zynga, Groupon Stakes

19/11/2012 8:04am

Dow Jones News


VK (CE) (USOTC:MLRYY)
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By Olga Razumovskaya

MOSCOW--Russian Internet company Mail.Ru Group Ltd. (MAIL.LN) last week sold its 0.84% stake in daily deals site Groupon Inc. (GRPN) and 0.16% stake in social-game provider Zynga Inc. (ZNGA), Mail.Ru spokeswoman Ksenia Chabanenko said Monday.

Mail.Ru had reduced its holdings in the companies in recent weeks. Mail.Ru said on its website Nov. 9 that it had cut its stake in Zynga from 1.17% and in Groupon from 4.12% since reporting third-quarter results on Oct. 25.

The company also said it had reduced its stake in Facebook Inc. (FB) to 0.52% from 1.34% over the same period.

(James Marson contributed to this story.)

Write to Olga Razumovskaya at olga.razumovskaya@dowjones.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires


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