Yandex buys up remaining IKEA Russia inventory

MOSCOW, Nov 18 (Reuters) – Yandex Market, owned by Russian internet giant Yandex (YNDX.O), said on Friday it had agreed to buy up the remaining inventory of Swedish furniture giant IKEA (IKEA.UL), which has closed its shops in Russia.

Yandex signed binding documents on Nov. 16 to buy more than 20 million IKEA products, from furniture to stuffed toys, left over from the final online…