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Mail.ru Group: annual revenue 2010-2019

Mail.ru Group is one of the largest digital enterprises in the Russian-speaking segment of the internet and the leading e-mail service provider in Russia. In 2019, the company accounted for over 87 billion Russian rubles in revenue, marking a 24 percent growth compared to previous year.

Financial highlights

    After a significant net loss in 2018, Mail.ru reported over 18 billion Russian rubles in net profits for 2019. Online advertising was the leading segment of the group by revenue share, followed by massively multiplayer online (MMO) games with over 28 billion Russian rubles in annual turnover. As for 2019, the company employed over 6.3 thousand full-time employees.  

Mail.ru Group’s business model

    The company as it is known to date was founded in 2005. It owns two of the largest Russian-speaking social media platforms, Vkontakte (VK) and Odnoklassniki (Ok.ru). Mail.ru also successfully runs an international gaming brand - MY.GAMES, which is one of the most profitable segments of the company. As a shareholder of AliExpress Russia JV, the group also operates in the e-commerce market, and in collaboration with Sberbank, it is targeting to enter the food delivery and taxi businesses with brands like Delivery Club and Citimobil.

Mail.ru Group's revenue from 2010 to 2019

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Source

Release date

April 2020

Region

Worldwide, Russia

Survey time period

2010 to 2019

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