Russia’s 20 most valuable online businesses

Last week the Russian edition of Forbes released its annual ranking of the 20 “most valuable companies of the Russian Internet.”

Unsurprisingly, NASDAQ-listed Yandex and LSE-listed Mail.Ru Group lead the ranking, with capitalizations of $10.7 billion and $5.6 billion, respectively. Forbes has identified two other unicorns: Avito, the classifieds giant over which Naspers just took full control at a $3.85 billion valuation, and Wildberries, the rising star of Russian e-commerce, which Forbes values at $1.2 billion.