The deal to form a joint venture between the Russian Direct Investment Fund (RDIF), mobile provider MegaFon, Mail.ru Group and China's Alibaba Group will be closed in the next few weeks. The joint venture will be run by two co-CEOs, the head of AliExpress in Russia Liu Wei and Mail.ru Group first deputy CEO Dmitry Sergeyev.
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- Russian Direct Investment Fund Joint Venture with Alibaba, Megafon, Mail.Ru Group Announce Two Co-CEOs