Mail.ru Group acquires stake in Algoritmika

Monday 21 October 2019 | 09:45 CET | News
Russian internet company Mail.ru Group has acquired a 11.7 percent stake in the company Algoritmika, which carries out educational projects for children in software development, reports Vc.ru. No financial details of the deal were disclosed.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.


Already registered?

Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: IT
Companies: Mail.ru
Countries: Russian Federation
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Mail.ru spent RUB 2 bln on acquisitions in 2019

Published 10 Mar 2020 13:17 CET | Russian Federation
Russian internet company Mail.ru Group spent RUB 2.1 billion last year to acquire stakes in three companies, reports Cnews.ru.  ...

Mail.ru Group acquires majority stake in Skillbox

Published 28 Feb 2020 12:10 CET | Russian Federation
Russian internet company Mail.ru Group announced in its annual report the acquisition of a controlling stake in the educational ...

Megafon, Mail.ru, Alibaba sign documents to establish joint venture in Russia

Published 10 Oct 2019 09:35 CET | Russian Federation
Russian mobile operator Megafon, the internet company Mail.ru Group, global e-commerce company Alibaba Group and Russian Direct ...

Mail.ru Group acquires stake in car-sharing platform YouDrive

Published 23 Aug 2019 12:21 CET | Russian Federation
Russian internet company Mail.ru Group said that it acquired a majority stake in car-sharing platform YouDrive. The size of the ...

Mail.ru Group sells stake in Prisma Labs

Published 07 Aug 2019 11:02 CET | Russian Federation
Russian internet company Mail.ru Group has sold its stake in the applications developer Prisma Labs to the holding company Haxus, ...