bne IntelliNews – Russia’s Yandex maintains e-commerce ambitions, ecosystem seen as key

bne IntelliNews – Russia’s Yandex maintains e-commerce ambitions, ecosystem seen as key

Russia’s internet major Yandex is maintaining ambitious plans in the e-commerce space for this year and sees its ecosystem as a key competitive advantage, Sova Capital wrote on March 11 after a call with Yandex executives and investors.

As reported by bne IntelliNews, in 2021 Yandex for the fifth year in a row topped the list of most valuable tech and internet companies with a valuation of $23bn. Its investment case now rests on…


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