LATEST / VK
13 AUG 2026 · VKONTAKTE H1 REVENUE +21% YEAR ON YEARQ2 RUSSIAN MONTHLY AUDIENCE: 94.3 MILLIONINSIDE THE BUSINESS OF FRIENDS, FEEDS & CHECKOUTS

Company / Social & Commerce

VK built a social network. Then it put a shopping mall inside.

VKontakte turned friends, feeds and fandoms into a market for video, subscriptions and shopping. Its next test is making all that attention pay.

Advertisement

A friend sends a message. A creator recommends something worth buying. A shop takes an order. On VKontakte, those can be stages of the same visit. The Russian social network has spent years putting more of everyday internet life within reach of its feed. The latest addition is particularly revealing: the recommendation can now come with a sales commission.

That makes VK.com an interesting company to study even if you never open an account. Its business asks a familiar question with unusually broad ambitions: once people have gathered in one place, how many useful things can happen before they leave? Messaging supplies the conversation. Communities supply the audience. Video supplies another reason to stay. Shopping supplies the transaction.

In the second quarter of 2026, VKontakte averaged 94.3 million monthly users in Russia and 65.2 million daily users, according to its parent’s August results. Those figures describe the social network. The parent, also called VK, owns a wider collection of businesses. Keeping those two entities separate is essential to understanding what the company has actually built.

94.3mMONTHLY USERS
65.2mDAILY USERS

VKontakte in Russia · Q2 2026 averages · Company-reported figures

A checkout hiding in the conversation

VK’s relationship with Ozon makes the strategy tangible. Purchasing and delivery of Ozon goods became available through VKontakte in October 2024. In June 2025, the companies announced a pilot allowing creators and community publishers to promote marketplace products and receive a percentage of sales attributed to their posts.

The proposed route was straightforward. A creator selected products through VK AdBlogger. A reader encountered the recommendation in the feed, went to the item and bought it. The creator earned a commission. The seller acquired a way to pay for a measurable sale, while VK gave the conversation a commercial destination.

This is a more specific proposition than simply telling businesses to get on social media. For a merchant, a popular post can be a vanity project unless it produces an order. For a creator, a large following can be an unpaid second job unless it produces income. The integration attempts to connect those two unfinished transactions.

THE SHORTER SHOPPING TRIP
  1. 01Discover
    A creator’s post
  2. 02Consider
    A linked product
  3. 03Purchase
    An attributed sale

Creator earns a commission. Seller measures an order.

The appeal depends on relevance. An audience interested in a creator’s work is not automatically interested in everything that creator can sell. The commercial opportunity is to shorten the journey from genuine interest to purchase. The temptation is to make every conversation resemble a catalog. Those are different editorial decisions, with different consequences for trust.

The network outgrew the founder

VKontakte emerged in Saint Petersburg in 2006, with Pavel Durov, Vyacheslav Mirilashvili and Lev Leviev identified as co-founders. Its early university roots gave it an immediately intelligible purpose: find people, build a profile and stay in contact. The network eventually offered communities, photographs, audio, video and games alongside conversation.

The familiar comparison with Facebook explained its beginnings. It explains less about its subsequent range. A VK community can be a fan club, a publication or a business presence. The useful unit is often a group gathered around an interest, rather than simply a list of acquaintances. That creates room for professional publishers and merchants as well as friends.

VK co-founder Pavel Durov seated for a portrait in 2012
The founder, before the exit. Pavel Durov in 2012. Two years later, his tenure at VK would end.Photograph: NickLubushko · CC BY-SA 4.0 · Unmodified

Control proved more fragile than the product’s appeal. In April 2014, Durov said he had been fired and had left Russia. Reuters reported his account against the background of a shareholder battle and growing influence by Kremlin allies. His departure is part of the company’s history, not a detail that can be airbrushed out of a growth chart.

Five months later, Mail.Ru Group bought the remaining 48.01 percent of VK for $1.47 billion. Its announcement put the cumulative acquisition cost at $2.07 billion and said outstanding litigation and related claims among Mail.Ru, UCP and Durov would be dropped. That money bought ownership from shareholders. It was not a fresh $1.47 billion budget handed to the product team.

The acquisition also shows what broke before the network stopped attracting people: the arrangement among its owners and founder. This was a governance rupture inside a functioning consumer business. In 2021, the parent adopted the VK name, an indication of how central the acquired social-network brand had become to the group’s identity.

The music needed a contract

Music offers another, more commercial turning point. A social network that lets people discover and share recordings must also deal with the owners of those recordings. In July 2016, Mail.Ru Group and United Music Agency announced licensing agreements involving Universal Music, Sony Music and Warner Music, covering the group’s social networks.

The announcement described licensed access and the settlement of outstanding Universal litigation. Here, the observable change was from an adversarial relationship toward a negotiated business arrangement. It would be too neat to invent a moment when every executive changed their mind. The contracts are the evidence of what changed.

For users, music makes a social product more useful. For its operator, listening also introduces licensing, distribution and monetization decisions. Those agreements were historical milestones, not a promise that every recording remains available everywhere today. The larger lesson survives: convenience for the listener requires a commercial structure that works for the supplier.

A community with a cash register

VK serves several customers at once. Individuals use the social product; creators seek distribution and income; advertisers buy access to potential buyers; merchants want inquiries and orders. Developers add services. Their interests overlap, but they are not identical. A feed that pleases an advertiser can still exhaust the person scrolling through it.

For a small business, the practical starting point is a community page. Posts explain the offering, messages handle questions and advertising brings prospective customers to the conversation. The group’s 2024 results also described business verification and integration with YCLIENTS for appointments and promotion. These features address ordinary friction: finding a business, deciding whether to trust it and booking a service.

Creators have another set of tools. VK Donut supports paid relationships with followers, while advertising and brand collaborations offer other routes to income. Long-form video and short clips give publishers different ways to find an audience. The commercial logic is to offer more than one way to earn from the same body of work.

Mini apps extend the idea further. They put services inside the platform instead of making every interaction begin with a separate installation. VK’s public developer examples include a shop starter project. For a business already reaching customers through VK, an embedded service can make sense. For a business whose customers gather elsewhere, the integration alone creates no reason to move.

The expensive business of attention

Advertising sits at the center of the model: access is broadly free, and businesses pay to reach people. Subscriptions and commerce add other ways to collect revenue. The parent reported 160 billion rubles in 2025 revenue, but that total includes activities beyond VKontakte. It should never be pasted into a profile as the social network’s standalone sales.

The parent’s social platforms and media content segment illustrates the financial stakes. On the restated comparison presented with its 2025 results, segment revenue rose from 104.3 billion to 109.8 billion rubles. EBITDA moved from negative 1.4 billion to positive 21.1 billion rubles. That segment also includes other platforms, and EBITDA is not net profit.

THE BIGGER MEDIA BUSINESS

Revenue grew. Operating earnings changed more.

2024
104.3
2025
109.8
EBITDA / 2024−1.4EBITDA / 202521.1

RUB billions · VK parent’s social platforms and media content segment, not standalone VKontakte. 2024 figures restated in the FY2025 release.

The latest report points to continued expansion: VKontakte revenue rose 21 percent year over year in the first half of 2026. Yet reach, revenue and earnings answer different questions. A larger audience helps explain an advertiser’s interest. It does not tell an investor what serving that audience costs.

Competition also depends on the job. Telegram competes for messages and communities; YouTube and RuTube for viewing time; Yandex Music for listening. Facebook remains a useful historical comparison. Odnoklassniki offers another social environment inside the same parent group. VK’s breadth is an advantage when people want those activities together, and less persuasive when they strongly prefer a specialist.

The code you can take home

There is a less visible VK behind the feed: an engineering organization with public tools. KPHP, open-sourced in late 2020, compiles a restricted subset of PHP into a native binary. Its documentation is refreshingly explicit that an existing PHP project will often require rewriting before it compiles successfully.

That restriction is the useful detail. Software built around one company’s needs carries those needs with it. A tool can improve performance for compatible workloads while being the wrong choice for an application dependent on unsupported language features. Downloading a repository is easy; adopting its assumptions is the actual engineering decision.

VKUI solves a different problem. Its adaptive React components implement VK’s design system across platforms, giving developers reusable interface pieces. The public repository documents contributions, releases and testing. These are tangible signs of engineering practice, more informative than a generic promise that everyone at a technology company loves innovation.

“connect people, services and companies”

From VK.com’s stated mission

The company’s own employment description emphasizes sharing expertise and developing IT education. It also describes fully remote teams dating from mid-2020. Its historic Singer House headquarters comes with affectionate internal nicknames, “Zinger” and “Zee.” These details suggest how VK presents itself to recruits, without pretending that a careers description is an independent verdict on workplace life.

Borrow the next step

For a reader running a business, VK’s most useful example is the connection between actions. Start with the place a customer already pays attention. Make the next task obvious: ask a question, book an appointment, view a product or support a creator. Measure that action before adding another feature.

This approach needs an existing audience, a relevant offer and workable transaction economics. It loses its appeal when the audience is elsewhere, the recommendation damages trust or the integration costs more than the business it brings. A long menu cannot fix an absent customer.

VK’s distinctive achievement is making an established social environment carry more kinds of activity. Its unresolved commercial question is how much value each addition creates for the people using it. The feed can open the shop door. Someone still has to want what is on the shelf.