Aleksander Chachava to acquire MY.GAMES from VK for $642m.

Aleksander Chachava, LETA Capital managing partner, agreed to acquire MY.GAMES, a provider of a mobile application designed to make tennis-related activities simple, digital, and playful, from VK, a social network, for $642m. VK will continue to develop its own gaming services under the VK Play brand. VK Play is the largest Russian game platform, launched in April 2022. It brings together all the popular game-related entertainment into one place and includes a catalog of games, cloud gaming, VK Play Live streaming platform, tournament platform and news media.