MLRYY VK Company Ltd (CE)

By Olga Razumovskaya

MOSCOW--Russian Internet company Mail.Ru Group Ltd. (MAIL.LN) has reduced its holdings in social network giant Facebook Inc. (FB), social-game provider Zynga Inc. (ZNGA) and daily deals site Groupon Inc. (GRPN) since its third-quarter results on Oct. 25 when it said it had cut its stake in Facebook to 0.75% from 1.34%.

According to information on the company's website, Mail.Ru Group has further cut its stake in Facebook to 0.52%.

Mail.Ru Group's holding in Zynga is now 0.16%, down from 1.17% at the time of its third-quarter results announcement, while its stake in Groupon has dropped to 0.84% from 4.12% over the same period.

Write to Olga Razumovskaya olga.razumovskaya@dowjones.com

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