Mail.Ru Group is a leading internet and digital communications company based in Russia, operating a broad ecosystem of consumer-facing services across Russia and the Commonwealth of Independent States. Its origins trace back to 1998, when it launched one of the country’s first free email platforms. Over the years, the company has expanded its portfolio to include social networking, messaging, gaming and e-commerce, serving hundreds of millions of registered users.
The company’s flagship products include the Mail.Ru email service and instant-messaging clients such as ICQ and MyMessenger, alongside two of the region’s most popular social networks, VKontakte (VK) and Odnoklassniki. Through its My.com arm, Mail.Ru Group develops, publishes and operates a diverse lineup of online and mobile games, targeting both casual and competitive gamers. Its digital retail and classified platforms—such as Lamoda, Youla and a strategic stake in Ozon—address consumer demand for e-commerce, fashion and marketplace solutions.
In addition to content and commerce, Mail.Ru Group offers comprehensive digital advertising and marketing tools built on proprietary ad-tech infrastructure. The company’s fintech initiatives, including its digital wallet Mail.Ru Pay, illustrate its ambition to integrate payment and financial services within its broader communications and entertainment ecosystem. This multi-service strategy aims to drive user engagement and create cross-platform monetization opportunities.
Co-founded by Dmitry Grishin and Yuri Milner, Mail.Ru Group has evolved through strategic investments, including partnerships with Tencent and key stakeholders in Russia’s technology sector. Its shares are quoted on both domestic and international exchanges, reflecting its global reach. Under the direction of CEO Boris Dobrodeev and a board comprised of technology and financial industry experts, the company continues to pursue expansion and innovation throughout Russia, Ukraine, Kazakhstan and other CIS markets.
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