Russian Firm Buys a $200m Stake in Facebook

A Russian investment firm, Digital Sky Technologies, has invested $200 million in the social networking company Facebook in return for a 1.96 percent stake, the two companies said Tuesday.The investment values Facebook’s preferred stock at $10 billion, a $5 billion drop from October 2007 when Microsoft paid $240 million for a 1.6 percent stake. see:Facebook worth $5bn less as recession bites
The Russian investors Digital Sky Technologies (DST) paid $200m (£125m) for a 2 per cent stake in Facebook yesterday, valuing the social networking site at $10bn – or two-thirds of what it was worth 18 months ago. internet investor Yuri Milner puts $200 million into Facebook
A Russian internet investment company will pay $200 million (£125 million) for a 2 per cent stake in Facebook in a deal that values the social networking group at $10 billion.Digital Sky Technologies (DST), which is controlled by Yuri Milner, the Russian internet entrepreneur, also said that it would offer to buy at least $100 million of Facebook ordinary shares from existing shareholders. Sky Technologies takes $200m stake in Facebook
Russian internet company Digital Sky Technologies (DST) has snapped up a small stake in Facebook for $200m (£125.5m) in a deal that values the five-year-old social networking site, which has yet to make a profit, at $10bn.Facebook founder Mark Zuckerberg said he wanted to use DST’s experience in making money from its millions of social networking users across Russia and Eastern Europe to help propel his business, which has over 200 million users worldwide, into the black. Firm Invests $200 Million in Facebook
Facebook has gotten $200 million from a Russian investment group in exchange for a small stake in the nation’s largest social networking company. The deal places the value of the site, known for allowing people to connect through “SuperPokes” and virtual gifts, at $10 billion. accepts $US200 million Russian investment
Facebook Inc. said it received a $200 million investment from Russian Internet-investment group Digital Sky Technologies, representing a nearly 2% stake at a valuation of $10 billion for Facebook preferred stock.,28124,25545092-36375,00.html

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