Yandex News

MOSCOW, June 23, 2020 (GLOBE NEWSWIRE) — Yandex (NASDAQ and MOEX: YNDX), one of Europe’s largest internet companies and the leading search and ride-hailing provider in Russia, announces that it has entered into a binding agreement with Sberbank to reorganize their two Joint Ventures – Yandex.Market and Yandex.Money. As a result of this transaction, Yandex will become the controlling shareholder in Yandex.Market, while simultaneously exiting the Yandex.Money joint venture. Tigran… Source link

A park will be built near the headquarters, the first two floors will be occupied by cafes, pharmacies, beauty salons. Visitors can relax, play sports, have a snack. The staff will have access to dining rooms, coffee houses, gyms, and a swimming pool, as well as a spacious rooftop terrace. The facade of the building will be decorated with titanium panels. The headquarters of Yandex will become not only a home for employees and a comfortable space for local residents but also a large… Source link

With most residents confined to their homes in Moscow’s sixth week of lockdown, one familiar sight remains on the Russian capital’s near-empty streets: tech giant Yandex’s yellow-jacketed army of couriers. Strict limits on when Muscovites can leave their homes have increased demand for Yandex’s delivery apps, whose user numbers have grown 75 per cent since March, while also driving more people to its search, blogging, and streaming video platforms. Yandex hopes it can… Source link

MOSCOW and AMSTERDAM, the Netherlands, April 28, 2020 (GLOBE NEWSWIRE) — Yandex (NASDAQ and MOEX: YNDX), one of Europe’s largest internet companies and the leading search provider in Russia, today announced its unaudited financial results for the first quarter ended March 31, 2020. Q1 2020 Financial Highlights(1)(2) Q1 2020 consolidated financial results Revenues of RUB 47.0 billion ($604.7 million), up 26% compared with Q1 2019 Net income of RUB 5.5 billion ($70.7 million), up 76%… Source link

Alexa and Google Home are getting some stiff international competition. Russian search engine Yandex recently launched its own version of a smart speaker called the Yandex Station.  The Yandex Station is the company’s first foray into hardware elements, and yes, the Yandex speakers have an assistant. While Amazon has Alexa, Yandex has Alice — a Russian-speaking assistant developed by the company’s in-house engineers. Alice has been available on mobile devices since she launched in October… Source link

  Moscow–Russia’s search engine provider Yandex asked local antitrust authorities Wednesday to investigate Google for unfairly keeping its rivals’ services off its mobile devices. The request came with Google making recent inroads in the Russian market thanks to its popular Android-powered smartphones. The European Commission last year reopened a similar probe against the California company after initially weighing a settlement that would have allowed competitors to buy space at the top… Source link