The New York Times details Mark Zuckerberg’s recent trip to Russia, where he met Prime Minister Dmitri Medvedev. The big story here is that Zuckerberg didn’t wear his hoodie and instead looked professional in a suit and tie…
But on a more interesting note, this paragraph intrigued me:
More Russians are online today than Germans, making Russia the largest Internet market in Europe. Russians also, strangely, have spent more freely relative to their income than Americans on virtual products, like special powers for online games, making their country a useful market for testing revenue streams other than advertising.
I don’t have a guess as to why virtual products are so popular in Russia.
On another note, check out the bottom of the article for a hilarious correction:
An earlier version of this article misstated the surname of Mark Zuckerberg as Zuckerman at one point.