Mail.Ru Posts 33% Revenue Growth | Business | The Moscow Times:
"Russian Internet group Mail.Ru reported a 33 percent rise in third-quarter revenue, helped by its search-based advertising deal with rival Yandex and booming games and social network business.
Mail.Ru said Friday its revenue totaled 6.6 billion rubles ($208 million) in July through September, up from 5 billion a year ago.
The company benefited from increased number of advertisers at Yandex which, under a deal reached earlier this year, shares advertising profits with Mail.Ru in exchange for giving Yandex's advertisers access to Mail.Ru's users.
Mail.Ru is Russia's third-biggest search site behind Yandex and Google."
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