Mail.Group invests in AliExpress Russian Federation additional $60 million

Mail.ru Group in addition invest in AliExpress Russia joint venture 60,3 million dollars. "After approval by Board of directors company provided AliExpress Russian Federation 60,3 million dollars in exchange for the additional stocks of joint venture issued within new issue. It is expected that actions will be registered in the next few days", - is spoken in the message of companies. Now Mail.ru Group own 15% of economic and 17,6% of a voting share in an asset. End of a round is planned in the fourth quarter 2021, thus considerable changes in shares it is not expected. In...