Mail.Ru Group estimates $13 million losses due to blocking of its services on the territory of Ukraine
Due to the blocking of VKontakte, Odnoklassniki, and other Mail.Ru Group services in Ukraine, the company will lose about 1.5% of its revenues in 2017, which is about 790 million to 809 million rubles or slightly over thirteen million dollars. This is reported in the company’s report for the second quarter of 2017.
“The blocking of our products in Ukraine in the second quarter had an adverse impact on our revenues. We estimate the negative impact at 1.5% of our total revenue in 2017. Despite this, in other areas, our business performance remains very good,” Vc.ru website says.
Earlier Mail.Ru claimed that …read more