Mail.ru Group has sold the service Maps.me company of Velikobritaniya Saveliev | 02.11.2020
Non-core for the group navigation service was estimated at 1 557 million. The buyer Parity.com Group, not only providing recruitment services and consultation in the field of
It and business, but is also engaged in software development.
As the company said in its blog, sell 100% Maps.me completed. The reason of the transaction was the fact that Mail.ru Group focused on the development of its core assets, while the direction
international tourism group non-core.
Service based on OpenStreetMap data is an application that allows you to download on your mobile device maps of the open geospatial community, edit them, add
users are familiar with cities, roads, etc., and also to use the navigation without Internet connection. During its existence, the service exceeded 140 million units and has more than 10 million
active users per month.
Mail.ru Group acquired Maps.me in 2014, over 542 million roubles. In 2019, the revenue MAPS.ME $ 159 million rubles, with EBITDA loss of 25 million rubles.
Based service was in 2010 Belarusian businessmen Yury Mills, Alexander Zolotarev and Viktor Govco on private savings of founders. The first version of the app was released in
2011.
Mergers and acquisitions, mobile services
Mail.ru
