Yandex News

MOSCOW (Reuters) – A subcommittee of the Russian government commission for control over foreign investments has approved a number of deals for a group of Russian investors to buy 96.3% of Yandex NV’s Russian business, Russian newspaper Vedomosti reported on Wednesday citing sources. Yandex NV had struck a 475-billion-rouble ($5.21 billion) deal to sell what has been dubbed “Russia’s Google” to a group of Russian investors last month, marking the biggest corporate exit from the country since… Source link

OREANDA-NEWS The Government Commission for the Control of Foreign Investments has approved a deal for the acquisition by a Russian group of investors of 96.3% of the shares of MKAO Yandex from the Dutch Yandex N.V. Vedomosti writes about this. Earlier, the FAS stated that Yandex Taxi occupies a dominant position in the market. Russian President Vladimir Putin also allowed foreigners to make transactions with shares of Yandex Bank. Source link

Yandex N.V. Reminds Shareholders of upcoming EGM and Class A Meeting   Amsterdam, the Netherlands, March 4, 2024 — Yandex N.V. would like to remind shareholders that the Company’s EGM and Class A Shareholders meetings are scheduled to take place on 7 March 2024. Yandex N.V. brings to shareholders for their approval the proposal to divest its Russia-based businesses and to retire various corporate governance and capital structures introduced in 2019, to align with the Company’s new… Source link

PubMatic (NASDAQ:PUBM – Get Free Report) and Yandex (NASDAQ:YNDX – Get Free Report) are both computer and technology companies, but which is the better stock? We will compare the two businesses based on the strength of their analyst recommendations, valuation, earnings, dividends, institutional ownership, risk and profitability. Earnings & Valuation This table compares PubMatic and Yandex’s gross revenue, earnings per share and valuation. Gross Revenue Price/Sales Ratio Net… Source link

In early February, Yandex NV (YNV) – the Dutch parent company of Russia’s online giant Yandex, often referred to as the “Russian Google”- announced its long expected exit from Russia. YNV is selling its Russian assets to a consortium of investors led by the Russian management team for RUB475bn ($5.2bn) in the largest corporate exit from Russia since the country’s invasion… Source link

Russian Antimonopoly Service reveals violations of Yandex.Taxi related with overrated prices AKIPRESS.COM – The Russian Federal Antimonopoly Service (FAS) has revealed violations by Yandex.Taxi, which are associated with overrated prices for trips, as well as blocking of drivers and passengers. In 2023, the company received more than 300 complaints from passengers and drivers, Federal Antimonopoly Service Deputy Chairman Pyotr Ivanov said in an interview with… Source link

EU countries agreed to remove Arkady Volozh, co-founder of Russia’s most popular search engine Yandex, from the list of sanctions against entities and individuals associated with Russia’s war against Ukraine, Reuters reported on Feb. 21, citing three unnamed sources familiar with the discussions. The EU sanctioned Volozh in June 2022, arguing that his company serves the interests of the Russian government and promotes pro-Kremlin media and narratives, as well as censors content critical of… Source link

The EU has agreed to lift sanctions from Russian tech billionaire Arkady Volozh, Reuters reported Wednesday, citing three sources familiar with the matter.  Volozh co-founded the Russian tech company Yandex and announced his resignation in mid-2022 after being targeted by EU sanctions. In August, his lawyers petitioned the EU for sanctions relief after he became one of the few members of the Russian elite to criticize the war. “I understand that I also share responsibility for… Source link

SCHIPHOL, Netherlands (AP) — SCHIPHOL, Netherlands (AP) — Yandex NV (YNDX) on Thursday reported a loss of $70.5 million in its fourth quarter. The Schiphol, Netherlands-based company said it had a loss of 19 cents per share. Earnings, adjusted for non-recurring costs, were 34 cents per share. Tarek El Moussa’s road out of debt to being a millionaire | Your Wallet The Russian search engine posted revenue of $2.78 billion in the period. For the year, the company reported profit of $221.5… Source link

MOSCOW (Reuters) – Russian search engine giant Yandex on Thursday reported a 53% jump in full-year revenue to 800.1 billion roubles ($8.72 billion), driven by organic growth across the business, from search and advertising to e-commerce and ride-hailing. Yandex’s Nasdaq-listed and Dutch-registered parent, Yandex NV, last week agreed to spin off some assets in a cash and shares deal worth $5.2 billion, a far cry from the company’s value before Moscow sent its army into Ukraine in February… Source link