The story
The company started its operations in 1993 in Moscow.
In November 2007, M.video became a public company via an initial public offering.
In 2018 M.Video completed a deal to acquire 100% of Eldorado LLC for RUB 45.5 billion (excluding the value of net liabilities). And in the same year M.Video-Eldorado Group continued to consolidate the market, completing a deal to acquire the Russian business of MediaMarktSaturn. MediaMarktSaturn acquires a 15% stake in PJSC M.Video from the SAFMAR Group.
In 2021, M.Video acquired the online lending platform Direct Credit. In 2022, the company's revenue dropped 14% as international sanctions on Russia created inventory shortages and lowered sales.
From Wikipedia’s article on M.video, shared under CC BY-SA 4.0.4