ReadWriteWeb

Fifteen percent ownership of Russian email, news and blog portal Mail.ru was purchased this summer for $300 million, according to new reports today from Russian journalists citing sources close to the deal. That puts the full value of the company at a whopping $2 billion, 30% more than Google paid for YouTube.

The shares were bought by internet investment firm Digital Sky Technologies, which now controls 50.6% of Mail.ru. You can see a clumsily Google-translated version of the site's "blogs" section here.