E-Commerce

Facebook, Russia’s Largest Internet Deal Comes from DST (Digital Sky Technologies)

June 19th, 2009 | by rarzi |

The largest Russian internet investor, Digital Sky Technologies (DST), that owns stakes in Russian as good as Eastern European marketplace heading amicable networks Odnoklassniki.ru, Nasza-Klasa.pl as good as Vkontakte.ru as good as Russia’s many visited online portal Mail.ru, has invested $200 million in to elite batch for 1.96 percent stake in Facebook, valuing the association during $10 billion. In addition, DST skeleton to outlay during slightest $100 million in sequence to squeeze Facebook common batch from existent usual stockholders.

Founded in 2005, DST is run by the partners Yuri Milner, Gregory Finger as good as Alexander Tamas who own infancy of the group. The alternative owners of DST have been Alisher Usmanov as good as Renaissance Partners.

DST is approaching to move to Facebook some-more tellurian marketplace viewpoint as good as the knowledge in monetizing amicable networks with micro payments.

The investment of $300 million in Facebook will be the largest internet-related cross-border investment to be done by the Russian group.

Source : http://feedproxy.google.com/~r/quintura/comblog/~3/yCccXuP-x_k/

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