According to Forbes, Mail.ru Group is an absolute leader on the list of the most expensive companies of the Runet. Its value is estimated at $4.7 billion. This year Mail.ru outperformed the Yandex company for the first time in a long while. As the authors of the rating believed, it happened as the segments of mobile ads and social net ads increased. The revenue of the VKontakte social net which was consolidated by Mail.ru last year increased by 41.2% for the third quarter.
The second on the list is Yandex the share capital of which is estimated at $4,300 million. The total sales volume came at 72.5 billion of rubles from January to October. Moreover, Yandex tries to increase non-advertizing revenue by purchasing companies, such as Auto.ru; creating new services, such as Yandex Taxi; and entering into a partnership as it did with the Multiship logistic aggregator.
Avito is in the third line of the list. Its value is estimated at $2,400 million. 16.6% of users visited the website on November last year. The service gets revenue from ads promoting and advertising. The biggest on the Runet bulletin board is still among fast developing companies with an estimate above $1 billion.
On the fourth place of the Forbes rating there is the Ulmart company the value of which is $1,100 million. This online hypermarket started with selling of household appliances and electronics, and now it explores new areas of activity. Ulmart offers 120K items including pet product and stationary. The company launched projects for selling auto parts and household goods as part of transition to the marketplace format, or the aggregator space.
The Exist company is in the fifth line of the list. Its share value is estimated at $700 million. The ordering system receives 2.5 million of searches made by more than 300K users every day. Exist is one of the first online shops on the Runet which sells auto parts.
The sixth on the Forbes list is the Ozon Group the value of which is estimated at $680 million. The company delivered 20 million items last year. Currently, it promotes tourism services actively. Ozon travel, the company division, started selling tours online, and as a result the revenue from this activity came at 3 billion of rubles per a month.
The Citylink company is on the seventh place in the rating. Its share value is estimated at $530 million. At least 13.1 million of people visit the company website every month. Citylink is a retail project of MERLION, the distributor of computer equipment. Last year, the company expanded the delivery area to the whole Russia and created its own day-and-night call-center.
Economic inequality remains one of the most pressing issues in today's world. To measure the gap between the rich and the poor in each country, the Gini index is used. This coefficient reflects how income is distributed within a society: the closer the index is to 100, the greater the inequality. Let's explore which countries currently have the highest Gini index values
This year has been pivotal for Bitcoin, the world's leading cryptocurrency. One of the key milestones was the approval of Bitcoin spot ETFs by the US Securities and Exchange Commission. In April 2024, Bitcoin also experienced a halving event, which is typically seen as a positive development for the digital asset. This year, the cryptocurrency is up 57%, and analysts remain optimistic about its future. However, they highlight four key factors that could influence Bitcoin's trajectory, both for better and for worse
Analytical periodical US News and World Report has presented its ranking of the best countries in the world in terms of quality of life, based on a survey of nearly 17,000 people. The list considers factors such as economic and political stability, a strong labor market, income equality, family-friendliness, safety, the quality of education, and healthcare systems. Let's find out which countries made it to the top of this list.
