Yonja Media Group
Yonja announces the sale of 50% stake to Mynet and Tiger Global 12.19.2007



İSTANBUL -- December 19, 2007 - - Yonja Media Group, the operator of the leading Turkish online social network Yonja.com, today announced that it has finalized the sale of 50 percent of the company to Mynet and Tiger Global.

With nearly 5 million members, Yonja.com is the leading Turkish online social network. Mynet is the leading internet portal in Turkey with 15 million unique visitors and 1.2 billion page views.

“We believe, partnering with Mynet will not only help us increase our user base, but also it will help us provide a wider range of services.” said Kerim Baran, Founder and CEO of Yonja Media Group. "Along with Mynet, we hope to continue to lead the innovation in social media platforms in Turkey."

“Turkish internet sector is rapidly growing and Mynet is positioned to contribute to this vast growth by realising investments.” said Emre Kurttepeli, CEO of Mynet.

About Yonja.com

Yonja is leading Turkish online social network and biggest youth portal. Launched in late 2003, Yonja has acquired over 5 million of registered users. Yonja connects people to new people through friends, and friends of friends for: dating, sharing, jobs, activities, entertainment and more.


About Mynet

Mynet is the leading internet portal in Turkey with with 15M unique visitors and 1.2 billion page view in a month.

 

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