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Russian Business Net E-xecutive.ru Selling For $1 Million: Report

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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.

Feb 2, 2009 4:00 AM ET

Posted In: Money, M&A & Venture Capital, Mergers & Acquisitions, Social Media, Countries, Europe, Russia, e-xecutive

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