VK - VK Company Limited reported strong performance in Q1 2023 with a 39.5% YoY revenue growth of RUB 27.3B. The growth was primarily fueled by a 67% increase in online advertising, driven by a surge in performance formats and the SME segment. VK boasted 7M DAUs and users spent 3.6B mins per day on its services, reaching 76M users and ~95% of the monthly audience within the Russian internet segment.
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