Internet Holding Mail Group is going to give power of attorney to vote shares of the holding in the social network of its CEO Paul Durova. Mail said that they agreed with the social network of coordination and cooperation "in resolving the common problems faced by Russian Internet companies." In addition, an Internet holding company and "VKontakte" agreed on joint action in a "growing global competition."
Mail Group owns a 39.99 percent stake in "VKontakte". August 4, 2011 the newspaper "Vedomosti" referring to JPMorgan reported that he owns 12 percent of Durov "VKontakte". At that time, the spokesperson of the "VKontakte" Vladislav Tsypluhin said Durov, Lev Leviev and Vyacheslav Mirilashvili, owning a total of 60 per cent stake, "share similar values and are the same in all solutions," so Mail not able to influence the development of social networks.
Head of Internet holding Mail Group Dmitri Grishin has repeatedly stated desire to increase the share of "VKontakte" but Durov bluntly rejected this possibility. May 27, 2012 the largest shareholder Alisher Usmanov Mail Group, said that Paul Durov "found understanding" of the leadership of the holding company and acquire the right to control its shares.
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