Yandex News

Under the terms of the deal, Sberbank has bought out a 25%+1 stake in Yandex.Money. Sberbank Rossii PAO (MCX:SBER) today announces the closing of the deal with Yandex for splitting of their assets. Under the terms of the deal, Sberbank has bought out a 25%+1… Source link

MOSCOW and AMSTERDAM, July 23, 2020 (GLOBE NEWSWIRE) — Yandex (NASDAQ and MOEX: YNDX) and Sberbank announced that they have completed the reorganization of their Joint Ventures – Yandex.Market and Yandex.Money. Yandex now owns 100% of Yandex.Market, with an equity incentive pool set aside for Yandex.Market management. In addition, Yandex has exited the Yandex.Money Joint Venture. As a result, any financial services non-compete obligations between Yandex and Sberbank are now… Source link

MOSCOW and AMSTERDAM, July 23, 2020 (GLOBE NEWSWIRE) — Yandex (NASDAQ and MOEX: YNDX) and Sberbank announced that they have completed the reorganization of their Joint Ventures – Yandex.Market and Yandex.Money. Yandex now owns 100% of Yandex.Market, with an equity incentive pool set aside for Yandex.Market management. In addition, Yandex has exited the Yandex.Money Joint Venture. As a result, any financial services non-compete obligations between Yandex and Sberbank are now terminated. A… Source link

Wall Street expects a year-over-year decline in earnings on lower revenues when Yandex (YNDX) reports results for the quarter ended June 2020. While this widely-known consensus outlook is important in gauging the company’s earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates. The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on July… Source link

Wall Street expects a year-over-year decline in earnings on lower revenues when Yandex (YNDX – Free Report) reports results for the quarter ended June 2020. While this widely-known consensus outlook is important in gauging the company’s earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates. The stock might move higher if these key numbers top expectations in the upcoming earnings report,… Source link

17:37 20/07/2020 MOSCOW, July 20 (RAPSI) –  Yandex company filed an application against Russia’s Federal Service for Intellectual Property (Rospatent) which had invalidated legal protection of Yandex Afisha brand, according to the Intellectual Property Court (IP Court). In April, the Chamber for Patent Disputes of Russia’s Federal Service for Intellectual Property (Rospatent) met a request of Afisha company, a structure of Rambler Group, seeking to annul legal protection of Yandex… Source link

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Image copyright Getty Images Expensive furniture sold by the US-based company Wayfair is at the centre of a bizarre conspiracy theory involving allegations of child trafficking, which has been spreading online. The unfounded claims first appeared on 14 June in the US but have become a global trend… Source link

Driverless taxis should be able to be deployed in the Russian capital Moscow in four years’ time, according to the country’s deputy transport minister Alexei Semyonov. Russia-based multinational Yandex is trialling 100 units on Moscow’s streets at the moment. Russian news agency Tass reported Semyonov’s announcement: “If we efficiently start implementing the plan we are developing on the basis of our stakeholder authorities and key companies – these are the Transport Ministry, the Interior… Source link