Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  London Stock Exchange  >  Mail Ru Group Ltd    MAIL

MAIL RU GROUP LTD (MAIL)
Mes dernières consult.
Most popular
Report
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets

Mail Ru : My.com Invests in Neural Network Technology Based Mobile App Prisma

share with twitter share with LinkedIn share with facebook
share via e-mail
0
06/21/2016 | 04:25pm CET

21.06.2016

My.com Invests in Neural Network Technology Based Mobile App Prisma

My.com has become an investor in Prisma, a mobile app created by the team of Russian developers that goes viral globally and within a week after launch tops charts in 10 countries. Prisma uses deep learning techniques for image processing. Deal terms are not disclosed.

Prisma app offers image processing based on deep learning. The iOS version was launched on June 11, 2016, and became one of the most popular apps on the App Stores of ten countries including Russia, where, according to the internal data provided by the Prisma team, it reached 650,000 installs. According to App Annie, Prisma got a rating of 4.5 in the US and Russia, and 4 in Germany. The Android version is scheduled for release in July 2016.

'We are inspired by the fantastic success of this app conquering the world so rapidly with its beautifully simple idea and unprecedentedly fast technology. Prisma's team has done a great job, and we will be happy to participate in this project as an investor. Artificial intelligence and neural network will bring a lot of change in all types of media content and we are happy to support such startups. We will continue investments into this perspective trend further', says Dmitry Grishin, Chairman of the Board of Mail.Ru Group/My.Com.

'I am really happy that My.com is investing into our project. I've gained a lot of experience working for My.com. The company provides great technological grounds for new projects, it's open for dialogue and long term cooperation as an investor. My.com proves the best possible partner and investor for Prisma', says Alexey Moiseyenkov, Co-founder and CEO of Prisma.

XBT Holding and Gagarin Capital Fund are also investors in the project.

[Attachment] [Attachment]

mail.ru Group Ltd. published this content on 21 June 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 21 June 2016 14:25:02 UTC.

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on MAIL RU GROUP LTD
11/17 MAIL RU : Russian internet major Yandex plans to IPO Yandex.Taxi
11/02 MAIL RU : Person Discharging Managerial Responsibilities (“PDMR”) Sh..
10/27 MAIL.RU GROUP : Limited Unaudited IFRS Results for Q3 2017
10/27 MAIL RU : Unaudited IFRS results for Q3 2017
10/24 MAIL RU : Tarantool Launches Free Learning Programs
10/12 MAIL RU : Employees of Mail.Ru Group to conduct lessons on IT in schools in Russ..
10/06 MAIL RU : Notification of Q3 2017 Results and Conference Call
09/28 MAIL RU : Is the Market Leader in Terms of Mobile Audience
09/22 MAIL RU : Person Discharging Managerial Responsibilities ("PDMR") Shareholding
09/21 MAIL RU : Person Discharging Managerial Responsibilities ("PDMR") Shareholding a..
More news
News from SeekingAlpha
10/27 Mail Ru Group reports Q3 results
08/10 Mail Ru Group reports Q2 results
06/02 Yandex -3.4% as its shuts Ukraine offices amid sanctions
04/28 Mail Ru Group reports Q1 results
2016 Why Naspers Is A Solid Choice For International Growth
Financials ( RUB)
Sales 2017 53 023 M
EBIT 2017 15 505 M
Net income 2017 12 468 M
Finance 2017 19 813 M
Yield 2017 -
P/E ratio 2017 34,26
P/E ratio 2018 24,96
EV / Sales 2017 6,83x
EV / Sales 2018 5,58x
Capitalization 382 B
Chart MAIL RU GROUP LTD
Duration : Period :
Mail Ru Group Ltd Technical Analysis Chart | MAIL | US5603172082 | 4-Traders
Technical analysis trends MAIL RU GROUP LTD
Short TermMid-TermLong Term
TrendsNeutralBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 13
Average target price 1 894  RUB
Spread / Average Target 4,7%
EPS Revisions
Managers
NameTitle
Dmitry Grishin Chairman & Chief Executive Officer
Boris Dobrodeev CEO, Director, Director-Strategy & Development
Vladimir Nikolsky Chief Operating Officer
Matthew Charles Perrins Hammond CFO, Director, MD & Head-Investor Relations
Vladimir Gabrielyan CTO, VP & Head-ECommerce Business
Sector and Competitors
1st jan.Capitalization (M$)
MAIL RU GROUP LTD68.94%6 544
TENCENT HOLDINGS LTD121.02%511 673
NASPERS LIMITED84.62%118 730
NETFLIX58.58%84 954
WEIBO CORP (ADR)189.29%25 679
58.COM INC (ADR)182.86%11 613