Megafon, Mail.ru, Alibaba sign documents to establish joint venture in Russia

Megafon, Mail.ru, Alibaba sign documents to establish joint venture in Russia

(Telecompaper) Russian mobile operator Megafon, the internet company Mail.ru Group, global e-commerce company Alibaba Group and Russian Direct Investment Fund (RDIF) have received approval from federal competition regulator FAS to integrate Russia’s key consumer internet and electronic commerce platforms and launch a social commerce joint venture in Russia and the CIS.
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