Vkontakte surge helps Mail.Ru overtake Yandex in Russian e-commerce table

A 44.2% revenue surge in its Vkontakte social media business  has pushed the Mail.ru Group ahead of Yandex for the first time in the latest rankings table published by Forbes Russia this week. According to the magazine, Russia’s top ten ecommerce companies by value are now:

  1. Mail.Ru, $4.7bn
  2.  Yandex, $4.3bn
  3. Avito, $2.4bn 
  4. Yulmart, $1.1bn 
  5. Exist.ru, $700m
  6. OzonGroup, $680m
  7. Wildberries, $630bn
  8. Citylink, $530bn
  9. Gett, $500m
  10. Emex, $360m
Source: forbes