Russian Business Net Selling For $1 Million: Report


E-xecutive, a Russian professional networking site that’s like a LinkedIn for the most senior execs, will be sold in the next few weeks, Russia’s Kommersant business paper says. The site’s owner B2B Media, a trade magazine publisher, was itself sold earlier this year by Prof-Media, which also owns the Rambler portal, and the group of buyers includes former Prof-Media employees, with a $1 million valuation, the paper says. The site claims 437,000 weekly visitors and got an estimated $2 million in revenue last year. Via Quintura.

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