Yandex News

[unable to retrieve full-text content]Yandex to sell its remaining Russian businesses for $5.2B — half its market value  TechCrunch Source link

By Mariko OiBusiness reporter Getty Images The owner of Yandex, often referred to as “Russia’s Google”, has said it will pull out of its country of origin. Its Dutch-based parent company sold the operation in Russia for 475 billion roubles ($5.2bn; £4.2bn), much lower than its estimated market value. The sale to a consortium of investors means Yandex’s Russian business is now a fully Russian-owned entity. The firm has previously been accused of hiding information about the war in Ukraine from… Source link

[unable to retrieve full-text content]Yandex – aka Russia’s ‘Google’ – sold off at half price to Chinese investors  Yahoo! Voices Source link

Yandex, the company often referred to as “Russia’s Google”, has agreed to sell its operations in the country in a cash-and-shares deal worth Rbs475bn ($5.2bn), as it seeks to secure its future in the aftermath of the war in Ukraine. The sale by Yandex’s Nasdaq-listed, Netherlands-based parent company, announced on Monday, to a consortium of Russian investors will also result in the group spinning off some of its main international projects. The move follows a protracted 18-month… Source link

A Russia-based company has become the legal owner of tech giant Yandex as it prepares to separate from its Dutch parent company, the state-run Interfax news agency reported Tuesday. MKAO Yandex was registered last month in the Kaliningrad region’s Oktyabrsky Island, an offshore zone known as a “special administrative region.” In addition to offering low taxes, the offshore zone allows major Russian companies to repatriate their businesses while avoiding Western sanctions as… Source link

Home > Piracy > Torrent Sites > The Pirate Bay is no longer the leading pirate site on the Internet, but it remains the most censored one. Similar to other search engines, Yandex appears to make it hard to find the notorious torrent site’s official domain name in the top results. The motivation is unclear but other more popular pirate sites remain easy to find. The Pirate Bay and search engines are not a happy marriage recently. On the contrary. For example, we previously reported… Source link

Since the beginning, Brands for Less has been a pioneer in bringing affordable designer products to various markets. With many renowned brands and in-house labels, this discount retail chain provides a wide array of items, from fashion apparel and accessories to household goods and electronics. A trailblazer in off-price retailing, Brands for Less constantly pushes the boundaries to offer customers value and style without breaking the bank. Digital footprint Having built a solid reputation… Source link

The clock is ticking on Yandex’s restructuring deal, but reports now suggest it is not expected to be completed until early 2024. The delay puts plans for the search engine and other business units on hold. The Russian tech company and search engine listed on the Nasdaq flourished until Moscow … Source link

Search engines face challenges as they look to protect assets during difficult economic times and the turmoil of war. Some smaller engines are either trying to sell off assets or partner with larger companies with strong technology they can capitalize on. Yandex’s Dutch holding company is considering selling its Russian … Source link

[unable to retrieve full-text content]Latvia to block services from Yandex  Telecompaper EN Source link