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Billionaire Potanin Expands Influence in Russia's IT Sector

Published on: Dec. 29, 2025, 3:07 p.m. | Source: Devdiscourse

Russian billionaire Vladimir Potanin has expanded his investments in the technology sector by acquiring a 25% stake in Selectel through a joint venture. This follows his earlier acquisition of shares in internet giant Yandex. Selectel's revenue saw significant growth in 2025.

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