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Ru Services as in force on the date of actual usage. Ru shall provide access to a complex of the Internet Services including different communication Services, goods and services Services, entertainment Services, information content-projects available on personal computer and various mobile devices both currently existing and the ones which will be developed in the future (Mail.
The business was originally owned by Port.ru, a company founded in 1998 by Eugene Goland, Michael Zaitsev and Alexey Krivenkov as spin-off from Data Art. Attempts to fund the company's expansion in 2000-2001 were thwarted by the collapse of the technology bubble and had to seek merger partners.
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It received an initial investment of USD 1 million from the well-known investor (and fencing champion) James Melcher. In 2001 Yuri Milner, then managing Net Bridge (the owner of less popular internet brands) persuaded the well-known entrepreneur Igor Linshits to back a merger of the business with Net Bridge. As of 2009 The IPO will offer a stake of about 17% of the subsidiary.
Igor Linshits subsequently took an active role in the development of the business. The company started to operate under its present name on 16 October 2001. The subsidiary will include about a quarter of the group's shareholding in Facebook, stakes in Russia's two biggest social networking sites and
Ru, LLC (OGRN (Primary State Registration Number) 1027739850962, 39 Leningradskiy prospekt, bldg.
79, Moscow, Russia, 125167), hereinafter referred to as “Mail. Ru Services the User agrees to observe the terms and conditions stipulated herein. Ru Services may be governed by certain regulations applicable thereto (“Service Usage Agreement”) also being a part hereof. Ru without any special notice The User Agreement shall govern the procedure for using Mail. Provisions hereof shall be binding on all the Users both registered on the Internet Service and started using any of Mail. The User may familiarize itself with the current version hereof having followed this link: https://ru/mail-help/UA.
The company hired Goldman Sachs, JP Morgan, Morgan Stanley and VTB Capital to run the listing.
In March 2012 Yuri Milner stepped down from the role of Chairman of and from the Board of Directors.
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