Apple removed all Russian VK ecosystem apps from the App Store - VK Company shares plummeted more than 20%

By: Maksim Panasovskyi | 27.09.2022, 13:14
Apple removed all Russian VK ecosystem apps from the App Store - VK Company shares plummeted more than 20%

Russian media are reporting that Apple has removed all VK applications from the App Store.

Here's What We Know

Users can not find "VKontakte" neither in the shopping section, nor through the search in the store. However, applications that were already installed continue to work as normal (for now), but without the ability to update. What is interesting, when trying to update the software, the system displays a notification with the text "The developer has removed this application from the App Store", although the company VK claims that it was Apple who blocked several applications.

In addition to the client for access to the social network "VKontakte" several other services of the ecosystem disappeared from the App Store. In particular, Apple removed the following applications from the store: VK Music, VK Clips, VK Messenger, VK Admin and VK Play.

After the Apple sanctions, VK Company shares plummeted. The value of the securities fell by 21.34%. But it is possible that this is just a coincidence.

Source: 3DNews