Yandex News

MOSCOW, July 9 (Reuters) – Russian tech giant Yandex said on Friday it was pulling out of a deal to buy online fashion retailer KupiVIP, but is considering alternative outlets in the fashion sector. Yandex said in May it had agreed to buy the online retailer on undisclosed terms to enhance its Yandex.Market offering. “Yandex.Market will not exercise its option to buy the KupiVIP group,” Yandex said in a statement. (Reporting by Gleb Stolyarov; Writing by Alexander Marrow; editing by David Evans) Source link

Yandex NV, the Dutch-domiciled Russian multinational internet company, often dubbed as the Google of Russia, had launched an e-scooter rental service in Moscow on Wednesday in a bid to draw fresh liquids amid a ballooning demand-surge across the city, an auspicious eavesdropping on to a new source of revenues. In point of fact, latest Yandex NV move to roll out an e-scooter rental service into Moscow, the Russ capital housing more than 12.5 million people, came forth at a… Source link

Mobile food ordering and delivery platform Grubhub, has partnered with Yandex Self-Driving Group (SDG), an autonomous vehicle developer, for a multi-year partnership that will see Yandex become Grubhub’s robot delivery provider on college campuses. The partnership will enable Grubhub university clients to deploy Yandex robots on campus for faster, more cost-effective deliveries that complement Grubhub’s existing delivery capabilities for colleges and universities. This will be… Source link

Yandex N.V.’s (YNDX Quick QuoteYNDX – Free Report) division Yandex Self-Driving Group is leaving no stone unturned to strengthen presence in the autonomous vehicle space through partnerships and product expansion. This is evident from Self-Driving Group’s latest collaboration with Just Eat Takeaway.com’s (GRUB Quick QuoteGRUB – Free Report) Grubhub for quicker and low-cost food deliveries on college campuses in the United States via its autonomous… Source link

U.S. and Canada: Top 50 food and grocery retailers by salesThe SN Top 50 Retailers report is compiled in partnership between Supermarket News and research partner IGD, a leading UK-based analysis and insight organization for the food and consumer goods industry. The table includes the rankings of the Top 50 food and grocery retailers and wholesalers in the U.S. and Canada, including supermarkets, mass merchandisers, dollar stores, convenience stores and drugstores. Sales figures… Source link

Russian tech giant Yandex (YNDX) has launched an electric scooter rental service in parts of Moscow and plans to expand it to more areas over time. The service is available through the company’s Yandex.Go app. The app will help customers locate a scooter after selecting a city. First-time customers will be required to view an instruction video on how to navigate safely. Yandex plans to launch an educational program targeting first-time users of electric scooters. (See Yandex stock charts on… Source link

MOSCOW, RUSSIA and AMSTERDAM, NETHERLANDS / ACCESSWIRE / July 8, 2021 / Yandex (NASDAQ and MOEX:YNDX) today announced it will report its financial results for the quarter ended June 30, 2021, on Wednesday, July 28, 2021. On that day, management will hold a conference call and webcast at 8:00 a.m. U.S. Eastern Time (3:00 p.m. Moscow time, 1:00 p.m. London time) to review and discuss the Company’s results for the second quarter. Second Quarter 2021 Financial Results Conference Call Wednesday,… Source link

Yandex Self-Driving Group, a unit of Russian tech company Yandex, has partnered with Grubhub to bring robotic delivery to American college campuses. Yandex hopes to reach over 250 campuses over the course of the multiyear partnership, starting with dozens of robots in the fall, reported TechCrunch (July 6). YANDEX’S DEVELOPMENT In September 2020, Yandex’s self-driving unit spun out from a joint venture with Uber. As part of the spin-out, Yandex invested $150 million… Source link

Yandex (NASDAQ:YNDX) has received an average recommendation of “Buy” from the ten brokerages that are covering the firm, MarketBeat Ratings reports. Three equities research analysts have rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average 1-year price target among brokers that have covered the stock in the last year is $71.75. A number of equities analysts have commented on YNDX shares. New Street Research started coverage on… Source link

Grubhub and Russia-based Yandex are teaming up to bring meal services to students through rovers. Photos courtesy of Grubhub/Yandex Students at more than 250 colleges and universities already enjoy the ease of Grubhub’s food delivery service, but it’s about to get a lot more streamlined. Grubhub announced it has partnered with Yandex… Source link