Yandex News

What Kind Of Investors Own Most Of Yandex N.V. (NASDAQ:YNDX)?

The big shareholder groups in Yandex N.V. (NASDAQ:YNDX) have power over the company. Large companies usually have institutions as shareholders, and we usually see insiders owning shares in smaller companies. Warren Buffett said that he likes “a business with enduring competitive advantages that is run by able and owner-oriented people.” So it’s nice to see some insider ownership, because it may suggest that management is owner-oriented. With a market capitalization of US$24b, Yandex is rather… Source link

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InCountry and Yandex.Cloud Announce Data Residency-as-a-Service Partnership for Russia

InCountry, the world’s first global data residency-as-a-service platform, together with Yandex.Cloud, the largest domestic cloud provider in the Russian Federation, today announced an official partnership to help international businesses better distribute and localize data in the Russian Federation. One of the primary obstacles for businesses looking to expand into the Russian market is compliance with the country’s data regulations, primarily Federal laws No. 152-FZ and 242-FZ. As… Source link

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Yandex search engine review | TechRadar

When we think of search engines, some of the first services that come to mind are likely Google Search and Bing. Then, there are alternative entities like DuckDuckGo and Qwant that prioritize user data and privacy when delivering results. One major search engine that doesn’t receive as much North American attention is Yandex, a Russian-owned engine that is merely one piece of a massive technology conglomerate. The Yandex search engine was launched in 1997 by Arkady Volozh, Arkady… Source link

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Yandex (YNDX) Q2 Earnings Miss Estimates, Revenues Rise Y/Y

Yandex N.V. YNDX reported second-quarter 2021 adjusted earnings of 4 cents per share, missing the Zacks Consensus Estimate by 89.7%. Further, the figure declined 50% sequentially and 55.6% year over year. Revenues were $1.12 billion. In ruble terms, the figure totaled RUB 81.4 billion, up 70% on a year-over-year basis and 11.4% from the previous quarter. The reported revenue figure includes the consolidated financial results of Yandex.Market. Strength across the company’s online advertising… Source link

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Yandex (YNDX) Q2 Earnings Miss Estimates, Revenues Rise Y/Y – July 29, 2021

Yandex N.V. (YNDX Quick QuoteYNDX – Free Report) reported second-quarter 2021 adjusted earnings of 4 cents per share, missing the Zacks Consensus Estimate by 89.7%. Further, the figure declined 50% sequentially and 55.6% year over year. Revenues were $1.12 billion. In ruble terms, the figure totaled RUB 81.4 billion, up 70% on a year-over-year basis and 11.4% from the previous quarter. The reported revenue figure includes the consolidated financial results of… Source link

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Russia’s Yandex ups 2021 e-commerce investment plan after strong Q2

Get inside Wall Street with StreetInsider Premium. Claim your 1-week free trial here. By Alexander Marrow MOSCOW (Reuters) -Russian internet giant Yandex said on Wednesday it intends to spend around $650 million on e-commerce initiatives this year, more than previously planned, after reporting strong second-quarter results and upgrading its 2021 revenue forecast. Group revenue this year should now be between 330 and 340 billion roubles ($4.49-$4.63 billion),… Source link

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Yandex Announces Second Quarter 2021 Financial Results

MOSCOW, RUSSIA and AMSTERDAM, THE NETHERLANDS / ACCESSWIRE / July 28, 2021 / Yandex (NASDAQ:YNDX)(MOEX:YNDX), one of Europe’s largest internet companies and the leading search and ride-hailing provider in Russia, today announced its unaudited financial results for the second quarter ended June 30, 2021. Q2 2021 Financial and Operational Highlights 1,2 In RUB millions Three months ended June 30, 2020 2021 Change Total Revenues 47,915 81,402 70% Total Group on a Online Ad Revenues 26,906 39,586 47%

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Russia’s Yandex ups 2021 e-commerce investment plan to $650 mln -CFO

MOSCOW, July 28 (Reuters) – Russian internet firm Yandex plans to invest around $650 million in e-commerce projects this year, Chief Financial Officer Svetlana Demyashkevich said on Wednesday, higher than the previous plan of $400-500 million. Demyashkevich said Yandex, which reported strong second-quarter results earlier on Wednesday, was committed to allocating substantial capital in its e-commerce initiatives, but said providing a specific figure for next year and beyond was hard…. Source link

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Russia’s Yandex ups 2021 e-commerce investment plan to $650 mln -CFO

MOSCOW, July 28 (Reuters) – Russian internet firm Yandex plans to invest around $650 million in e-commerce projects this year, Chief Financial Officer Svetlana Demyashkevich said on Wednesday, higher than the previous plan of $400-500 million. Demyashkevich said Yandex, which reported strong second-quarter results earlier on Wednesday, was committed to allocating substantial capital in its e-commerce initiatives, but said providing a specific figure for next year and beyond was hard…. Source link

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