![]() In connection with the merger, Milner became CEO. Igor Linshits subsequently took an active role in the development of the business. In 2001, Yuri Milner, at the time managing NetBridge (the owner of several internet brands), persuaded the entrepreneur Igor Linshits to back a merger of the business with NetBridge. 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. The business expanded rapidly to reach the No. It received an initial investment of US$1 million from the well-known investor (and fencing champion) James Melcher. The business was originally owned by, a company founded in 1998 by Eugene Goland, Michael Zaitsev and Alexey Krivenkov as a spin-off from DataArt. In October 2021, Group was renamed VK Company Limited, after its most popular product, VKontakte. ![]() In 2014, VK's sites reached approximately 86% of Russian Internet users on a monthly basis and the company was in the top 5 of the largest Internet companies based on the number of total pages viewed. ![]() It also offers business-oriented products, including a corporate email and communication system. Additionally, VK manages various e-commerce, transport and communication platforms. VK operates an e-mail service, an Internet portal, and popular Russian social networking platforms VK, Odnoklassniki and Moi Mir. It started in 1998 as an e-mail service and went on to become a major corporate figure in the Russian-speaking segment of the Internet. VK, known as Group until 12 October 2021, is a Russian technology company.
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