Friday, January 14, 2011

Russia, China and South Africa are big investors in the Internet

There is something going on in China, Russia and South Africa. Via various internet investments and creations, these three countries combined have built up major stakes in some of the world's biggest sites and social networks. Russian investment company, Digital Sky Technologies (DST), now owns about 7-10% of Facebook by various estimates, putting the company among Facebook's biggest owners. Via its sister company Mail.ru, another 2.4% of Facebook is held. Recently, according to the New York Times, DST ploughed a further $50-million into Facebook.

http://www.siliconvalleywatcher.com/mt/archives/2011/01/china_russia_an.php

No comments:

Apture