Announced
Completed
Financials
Sources
Tags
Single Bidder
Majority
Private
Russian Federation
online learning
Online and Social Platforms
Completed
learning platform
Acquisition
Domestic
Friendly
Synopsis
VK, a Russian online social media and social networking service based in Saint Petersburg, completed the acquisition of the remaining 75% stake in Uchi.ru, Russia’s largest online platform used by school students, for RUB8.7bn. Through this acquisition, VK will strengthen its foothold in the segment of extracurricular education for schoolchildren.
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