Russia's largest state-controlled bank Sber (Sberbank) acquired the domain games.ru, Kommersant daily reported citing unnamed sources that put the price tag on the domain at $1mn.
As followed by bne IntelliNews, Russian internet major Mail.ru is the leader in the gaming segemnt. After successfully building a global e-gaming vertical it has become Mail.ru's second-largest revenue source after Communications and Social Media.
But reportedly Sbergames of Sberbank could boost its own gaming business under the Sber ecosystem, with subscriptions and games to be sold on the games.ru domain. The bank launched the investment in gaming in spring 2021 with $100mn.
The analysts surveyed by Kommersant see games.ru deal as one of the largest .ru domain sales recently, and believe that Sber aims for a leadership position on the games market.
Related Articles
Uzbekistan sticks with 14% policy rate
The Central Bank of Uzbekistan (CBU) on October 24 kept its key policy rate at 14% per annum, citing easing inflation but ongoing risks. The ... more
Iran's central bank authorised to settle IRR762 trillion IMF debt
Iran's Central Bank has been authorised to settle IRR762.305 trillion ($708mn) in debt arising from the Islamic Republic's commitments to the International Monetary Fund, First Vice President ... more
Russia’s central bank cuts key rate by 100bp to 17% in cautious move, defies calls for deeper easing
The board of the Central Bank of Russia (CBR) at the policy meeting of September 12 resolved to cut the key interest rate by 100 basis points from 18% to 17%, according to the regulator’s press ... more