Mail.ru sold a stake in Facebook, Zynga and Groupon

Mail.ru sold a stake in Facebook, Zynga and GrouponMail.ru Group has sold its stake in social network Facebook, game maker Zynga, and coupon service Groupon. The company received about $200-250M.

This follows from a comparison of the disclosed in late October financial results of Mail.ru Group for the third quarter and the data that have been published on the company's website: Mail.ru owns 0,52% Facebook, 0,16% Zynga and 0,84% Groupon.

The company sold 6.3M shares of Facebook, about 9M shares of Zynga and 22.2M shares of Groupon. We have always said that this is financial investment, and the shares will be sold on appropriate terms. - the representative of Mail.ru Group Ksenia Chabanenko said. The company will spend the funds received from the sale of shares on mergers and acquisitions, and the payment of dividends – the leaders of Mail.ru Group reported.