Internet investment group Digital Sky Technologies (DST) today formally announced the acquisition of Russian social network Odnoklassniki.ru, which we reported on last week.
DST has bought out out the minority shareholders in Forticom Group Limited – which it now fully owns – and Odnoklassniki, and interestingly transferred its interest in the Polish social network Nasza-Klasa.pl to the previous… → Read More
Is MySpace worth $3 billion, or $20 billion? It depends on how you value a user. It’s time to start comparing the big global social networks on something other than unique visitors and page views. I believe an effective way to value a particular user is based on the average Internet advertising spend per person in the country they live in. The higher the spend, the more value the social… → Read More
Estonia’s Forticom, which runs Lithuanian social network one.lt and owns a 25% stake in Russian social network Odnoklassniki.ru, has acquired a controlling stake in Polish web portal nasza-klasa for 200 million PLN, or about $92 million. This comes from a couple of reports – the Warsaw Business Journal says nasza-klasa has about 7.5 million monthly users and reported the price above. → Read More