Japanese Mitsui Co Ltd Bought 14,9% Of Russian QIWI Ltd

Popular in Russia system of instant payments QIWI gained a new shareholder - a Japanese group of companies Mitsui & Co. Ltd. The Japanese company bought 14,9% QIWI Ltd. (formerly OE Investments Ltd.) in accordance with the agreements dated December 20, 2010. This information follows from the documents released today by the company.  


The Japanese company Mitsui & Co. Ltd  noted that QIWI is the leader of its market in Russia: about 80% of mobile subscribers use the terminals of this system to pay for services, and the total market share of Qiwi in Russia reaches 45%. 


In view of the last transaction control shareholding of QIWI (63,7%) remains in the hands of the management of the company itself. The second largest shareholder is Mail.ru Group with 21.4% share.