VK is selling RuStore; the buyer is Dmitry Pankrushov
VK is selling RuStore; the buyer is Dmitry Pankrushov, general director of the app store developer company, according to the company. The management of the business will now be fully transferred to the app store's management team.
Consensus
- VK transferred 100% ownership of RuStore to Dmitry Pankrushchev, who is the general director of the company that developed the service.
- The transfer of RuStore occurred on the same day VK announced its complete transition from the .com domain to the .ru domain.
- RuStore continues to operate and will be further developed by its management team after the sale.
- The European Union imposed sanctions against VK and the developer of Max in July.
Points of divergence
- Experts believe the sale of RuStore and migration to .ru domain are aimed at reducing sanction risks for the VK group, with analysts suggesting it may help distance the service from restrictions and reduce debt burden. — kommersant
- Following the announcement, VK's stock prices initially declined but partially recovered by the end of the day. — kommersant
- The financial terms of the deal were not disclosed by either party. — tg_astrapress
Coverage (3 sources)
- Experts Link Sale of RuStore to Sanction Risks for VK — Коммерсантъ
- VK sold RuStore to the company's developer director — ASTRA
- VK sells RuStore — Дождь (Telegram)