Russia’s largest social-networking website Vkontakte.ru may list on the NYSE in 2012 or 2013 through an initial public offering (IPO) if market conditions are favourable. The company may go-ahead with the proposed listing this year if the Euro region crisis is resolved soon. The Mail.ru Group backed site boasts of 110 million users, 70 per cent of whom are residents of Russia.
08/02/2012
Central & Eastern Europe, Internet, E-Commerce & E-Services, Private Equity News, Rumors & Speculation, Russia