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Russia's Yandex reports Q1 revenue rise as market awaits spin-off news
Reuters
Russian internet giant Yandex reported a 40% rise in first-quarter revenue to 228.3 billion roubles ($2.47 billion), driven by growth in...
1 week ago
Yandex launches new cloud region in Kazakhstan
Data Center Dynamics
Yandex Cloud has launched a new cloud region in Kazakhstan for businesses across Central Asia and Russia. Almaty City, Kazakhstan – Getty...
3 weeks ago
The owners of Russia's tech pioneer Yandex are selling — at a big, Kremlin-required discount
AP News
The parent of Russian tech company Yandex is selling its operations at a steeply discounted price of just over $5 billion to Lukoil and...
3 months ago
Dutch owner of Russia's No. 1 search engine Yandex sells for $5.2 billion, exits country
upi
The Dutch parent company of Yandex, Russia's equivalent of Google, has sold the business to a special purpose Russian mutual fund at a...
2 months ago
Yandex Reaches $5 Billion Deal to Exit Russia
The New York Times
Yandex, often called “Russia's Google,” said it reached a deal to sell off its assets in the market where it made its fortune, after the war...
3 months ago
Yandex Owner to Sever Ties to Russia With $5.2 Billion Sale
WSJ
The group buying the Yandex assets is led by local management and includes a fund linked to Russian oil giant Lukoil, as well as several...
3 months ago
Yandex Aims to Complete Stage One of Russian Divestment by May
Yahoo Finance
(Bloomberg) -- Yandex NV has extended through April the timeframe for completing the first stage of a $5.2 billion deal to sell its Russian...
1 month ago
Yandex search engine sold in $5.2 billion deal
Search Engine Land
The sale follows a tumultuous period that began with Russia's invasion of Ukraine. A consortium of Russian investors now owns Yandex.
3 months ago
Europe Lifts Sanctions on Yandex Cofounder Arkady Volozh
WIRED
Europe Lifts Sanctions on Yandex Cofounder Arkady Volozh. In June 2023, the cofounder of “Russia's Google” landed on the EU sanctions list. Now,...
1 month ago
Yandex to sell its remaining Russian businesses for $5.2B — half its market value
TechCrunch
Consortium. Breaking down the terms of the transaction, Yandex N.V. will be paid “at least” 230 billion rubles ($2.5 billion) in cash, which...
3 months ago