Mail.ru has calculated its losses in Ukraine: the audience has left, but revenue has decreased slightly

The Russian Internet company Mail.ru estimated losses in the second quarter of this year from the ban on its resources in Ukraine at approximately 1,5% of total revenue in 2017.

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This is stated in the company’s report for the second quarter, a PolitNavigator correspondent reports.

“The blocking of our products in Ukraine in the second quarter had some negative impact on revenues, and we estimate the negative impact at approximately 1,5% of total revenues in 2017,” the report said.

However, the company said that despite this, the other part of the business “continues to perform very well.”

Mail.ru added that despite the impact of the blocking of their resources in Ukraine, they expect revenue growth for the year by 23-26% - up to 52,6-53,9 billion rubles. in annual terms.

Let us recall that on May 16, Petro Poroshenko introduced sanctions from the National Security and Defense Council against “VKontakte”, “Mail.ru” and a number of Russian TV channels.