Google May Buy Ukrainian Portal

Feb 21, 2008 at 11:40am ET by Greg Sterling

The Quintura Blog repeats a rumor that Google may be poised to buy the Ukrainian portal Bigmir.net, the leading Ukrainian destination site with 2.5 million users. Quintura speculates the deal might be worth $100 million and says online advertising in the Ukraine was worth an estimated $12 million in 2007.

If it were true, Google would likely displace Russian search engine Yandex, which currently provides results for Bigmir.

Greg Sterling is a Contributing Editor at Search Engine Land, and writes a personal blog Screenwerk, examining the broader world of media and advertising. He also posts at a Local Mobile Search, which is focused on the mobile Internet.

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