Digital Sky Technologies Invests In Russian Facebook Replica Vkontakte.ru

Amit Chowdhry | Monday September 14, 2009 | 2,339 views| 3 Comments

vkontakte-logodst-logo
Digital Sky Technologies is an Internet holding company based in Russia. Digital Sky is a major investor in Facebook and they have just invested in a company that is a Russian replica of the social network Vkontakte.ru. Vkontakte.ru is getting ready to launch internationally and just recently bought the domain name vk.com. Vkontakte.ru will be available in 12 different languages as of this October.

Digital Sky Technologies owns 1.96% of Facebook after they made a $200 million investment in the social network. Digital Sky also offered to buy up to $100 million in common stock from former and current Facebook employees.

Vkontakte.ru has about 42 million registered users and receives about 14 million unique visitors per month.

Related posts:

  1. Digital Sky Purchasing $100 Million of Facebook Common Stock, Gaining 3.5% Ownership
  2. Digital Sky Buys $200 Million Worth Of Preferred Stock In Facebook
  3. Xiaonei, A Chinese Replica Of Facebook Raises $430 Million ($72 Million More Than The Original Facebook)
  4. Former CEO of Yahoo! China Launching An Asian Facebook Competitor/Replica Called Yiqi
  5. Chinese Facebook Replica Xiaonei Changing Name To Renren In Preparation For Scalability


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