Yandex News

Russia’s Yandex to spend $400-500 million on e-commerce in 2021 after profit rise

By Alexander Marrow, Nadezhda Tsydenova MOSCOW (Reuters) – Russia’s Yandex, which on Tuesday reported a 2% rise in 2020 net profit, plans to spend $400 million-$500 million on an e-commerce push this year to help annual revenue reach 305-320 billion roubles ($4.1-4.3 billion), its finance chief said. FILE PHOTO: The company logo is seen on the headquarters building of Yandex company, in Moscow June 14, 2012. REUTERS/Maxim Shemetov Yandex’s core advertising business took a hit during the… Source link

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Yandex Announces Fourth Quarter and Full-Year 2020 Financial Results

MOSCOW, RUSSIA and AMSTERDAM, THE NETHERLANDS / ACCESSWIRE / February 16, 2021 / Yandex (NASDAQ and 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 fourth quarter and the full year ended December 31, 2020. Q4 2020 Financial Highlights 1,2 Q4 2020 consolidated financial results Adjusted net income of RUB6.3 billion ($85.4 million), up 17% compared with Q4 2019; adjusted net… Source link

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Yandex NV to Host Earnings Call

Benzinga What Keystone Pipeline Cancellation Means For Crude-by-rail President Joe Biden’s revocation of the March 2019 permit enabling the construction of the Keystone XL pipeline will likely result in more crude-by-rail volumes, according to industry observers. But how much volumes will increase could largely depend on the price that heavy crude oil can fetch in the global market. “The cancellation of the Keystone pipeline project was inevitable once the government changed. Despite its… Source link

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Russia’s Yandex says full-year adj. net income up 2% y/y in 2020

TipRanks 2 “Strong Buy” Dividend Stocks Yielding at Least 7% A number of factors are coming together in the market picture, and indicate a possible change in conditions in the mid-term. These include increases in commodity prices, specifically, oil prices, which have rallied recently. In addition, the January jobs numbers, released earlier this month, were disappointing at best – and grim, at worst. They, do, however, increase the chance that President Biden and the Democratic Congress… Source link

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Internal Leak of 4,887 Users: Yandex Employee Fate Unknown

Russian web titan Yandex NV suffered an insider breach. An employee was selling sensitive user data to anyone who would pay, says Yandex. The perp was an admin of the firm’s email service, Yandex.Mail. It’s alleged they’d sold access to almost 5,000 mailboxes. No word on what’s happened to the scrote. In today’s SB Blogwatch, we visualize them chopped up and hidden in matryoshka dolls. Your humble blogwatcher curated these bloggy bits for your entertainment. Not to… Source link

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Yandex Insider Breach Hits Nearly 5000 Inboxes

Russian internet giant Yandex has revealed that thousands of its customers had their accounts accessed due to a malicious insider working at the firm. The Moscow-headquartered multi-national provides search, email, e-commerce and even ride-hailing services, and claims to have tens of millions of unique monthly users. However, on Friday it noted in a brief statement that an employee had been selling access to users’ email accounts for personal gain. “The employee was one of three… Source link

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Yandex Mail catches employee who sold data of nearly 5,000 users inboxes

Web search engine Yandex is one of the most popular sites in Russia, having indexed several important Russian websites as well as allowing access to services for free, just like its American competitor, Google. The search engine, which also provides a free webmail service, recently caught an employee selling access to user email accounts, according to reports. The search engine has now begun informing each of the users who were affected by the employee’s actions – around 4,887 users’… Source link

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UPDATE 2 – Moscow Paralyzed By Huge Traffic Jams In Depth Of Night Over Heavy Snowfall – Yandex

Sumaira FH 26 minutes ago Sat 13th February 2021 | 01:44 PM Moscow is facing huge traffic jams at 11:00 a.m. local time (08:00 GMT) on Saturday because of the heavy snowfall, the traffic monitoring service of the Yandex company shows, putting the city’s traffic jams at 8 out of 10 MOSCOW (UrduPoint News / Sputnik – 13th February, 2021) Moscow is facing huge traffic jams at 11:00 a.m. local time (08:00 GMT) on Saturday because of the heavy snowfall, the traffic… Source link

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