</p> <p>The Russian social network Vkontakte made more than $500,000 every day during the first quarter of 2017, new data has revealed.</p> <p><span>Russia’s Mail.ru Group, the company behind Vkontakte, <a target="_blank" href="https://corp.mail.ru/en/press/releases/9967/">announced on Friday</a> that the site had earned 2.744 billion rubles ($48 million) in the first quarter of 2017. </span><span>The figures mark a 45.9 percent increase in revenue in the first quarter of 2016.</span><span><br /> <br /></span></p> <p><span>The news follows growing profits in 2016 and 2015, when it rose by 43.3 percent and 44.2 percent respectively.</span></p><div class="apqrp676ab9c904564" ><!-- Yandex.RTB R-A-749142-1 --> <div id="yandex_rtb_R-A-749142-1"></div> <script type="text/javascript"> (function(w, d, n, s, t) { w[n] = w[n] || []; w[n].push(function() { Ya.Context.AdvManager.render({ blockId: "R-A-749142-1", renderTo: "yandex_rtb_R-A-749142-1", async: true }); }); t = d.getElementsByTagName("script")[0]; s = d.createElement("script"); s.type = "text/javascript"; s.src = "//an.yandex.ru/system/context.js"; s.async = true; t.parentNode.insertBefore(s, t); })(this, this.document, "yandexContextAsyncCallbacks"); </script></div><style type="text/css"> @media screen and (min-width: 1201px) { .apqrp676ab9c904564 { display: block; } } @media screen and (min-width: 993px) and (max-width: 1200px) { .apqrp676ab9c904564 { display: block; } } @media screen and (min-width: 769px) and (max-width: 992px) { .apqrp676ab9c904564 { display: block; } } @media screen and (min-width: 768px) and (max-width: 768px) { .apqrp676ab9c904564 { display: block; } } @media screen and (max-width: 767px) { .apqrp676ab9c904564 { display: block; } } </style> <p><span>Advertising accounted for the bulk of the social network’s revenue, the company said.</span></p> <p>Mail.ru’s also announced rising revenues in areas such as gaming and e-commerce, which saw earnings rise by 150 percent and 20 percent respectively.</p> </div> </div><div class="post-meta wf-mobile-collapsed"><div class="entry-meta"><a href="https://cultureru.com/2017/04/27/" title="9:00 am" class="data-link" rel="bookmark"><time class="entry-date updated" datetime="2017-04-27T09:00:00+00:00">April 27, 2017</time></a></div></div> <div class="author-info entry-author"> <span class="author-avatar no-avatar"><svg version="1.1" id="Layer_1" xmlns="http://www.w3.org/2000/svg" xmlns:xlink="http://www.w3.org/1999/xlink" x="0px" y="0px" viewBox="0 0 16 16" style="enable-background:new 0 0 16 16;" xml:space="preserve"><path d="M8,8c2.2,0,4-1.8,4-4s-1.8-4-4-4S4,1.8,4,4S5.8,8,8,8z M8,10c-2.7,0-8,1.3-8,4v1c0,0.5,0.4,1,1,1h14c0.5,0,1-0.5,1-1v-1 C16,11.3,10.7,10,8,10z"/></svg></span> <div class="author-description"> <h4><span class="author-heading">Author:</span> admin</h4> <p class="author-bio"></p> </div> </div> <nav class="navigation post-navigation" role="navigation"><h2 class="screen-reader-text">Post navigation</h2><div class="nav-links"><a class="nav-previous" href="https://cultureru.com/polls-shows-number-of-happy-russians-at-record-breaking-historic-high/" rel="prev"><i class="icomoon-the7-font-the7-arrow-29-3" aria-hidden="true"></i><span class="meta-nav" aria-hidden="true">Previous</span><span class="screen-reader-text">Previous post:</span><span class="post-title h4-size">Polls shows number of happy Russians at record-breaking historic high</span></a><a class="nav-next" href="https://cultureru.com/russias-imaginary-stalin/" rel="next"><i class="icomoon-the7-font-the7-arrow-29-2" aria-hidden="true"></i><span class="meta-nav" aria-hidden="true">Next</span><span class="screen-reader-text">Next post:</span><span class="post-title h4-size">Russia’s Imaginary Stalin</span></a></div></nav><div class="single-related-posts"><h3>Related posts</h3><section class="items-grid"><div class=" related-item"><article class="post-format-standard"><div class="mini-post-img"><a class="alignleft post-rollover layzr-bg" href="https://cultureru.com/the-covid-wardrobe/" aria-label="Post image"><img class="preload-me lazy-load" src="data:image/svg+xml,%3Csvg%20xmlns%3D'http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg'%20viewBox%3D'0%200%20110%2080'%2F%3E" data-src="https://cultureru.com/wp-content/uploads/2021/03/covid-110x80.jpg" data-srcset="https://cultureru.com/wp-content/uploads/2021/03/covid-110x80.jpg 110w, https://cultureru.com/wp-content/uploads/2021/03/covid-220x160.jpg 220w" width="110" height="80" alt="The COVID Wardrobe" /></a></div><div class="post-content"><a href="https://cultureru.com/the-covid-wardrobe/">The COVID Wardrobe</a><br /><time class="text-secondary" datetime="2021-03-23T19:46:13+00:00">March 23, 2021</time></div></article></div><div class=" related-item"><article class="post-format-standard"><div class="mini-post-img"><a class="alignleft post-rollover layzr-bg" href="https://cultureru.com/number-of-confirmed-cases-of-infection-with-the-virus-2019-ncov-data-for-february-3/" aria-label="Post image"><img class="preload-me lazy-load" src="data:image/svg+xml,%3Csvg%20xmlns%3D'http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg'%20viewBox%3D'0%200%20110%2080'%2F%3E" data-src="https://cultureru.com/wp-content/uploads/2020/02/koronovirus-110x80.jpg" data-srcset="https://cultureru.com/wp-content/uploads/2020/02/koronovirus-110x80.jpg 110w, https://cultureru.com/wp-content/uploads/2020/02/koronovirus-220x160.jpg 220w" width="110" height="80" alt="" /></a></div><div class="post-content"><a href="https://cultureru.com/number-of-confirmed-cases-of-infection-with-the-virus-2019-ncov-data-for-february-3/">Number of confirmed cases of infection with the virus 2019-nCoV. 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