Yandex News

Yandex updates on convertible notes – Seeking Alpha

Yandex updates on convertible notes – Seeking Alpha

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Yandex Provides Update on Convertible Notes

Yandex Provides Update on Convertible Notes

MOSCOW, RUSSIA and AMSTERDAM, NETHERLANDS / ACCESSWIRE / April 29, 2022 / Yandex N.V., a Dutch public limited company and one of Europe’s largest internet companies and the leading search and ride-hailing provider in Russia, today provided an update in relation to its 0.75% Convertible Notes due 2025 (the “Notes”). On February 28, 2022, Nasdaq and the New York Stock Exchange suspended trading in the securities of a number of companies with material operations in Russia, including the… Source link

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Yandex to sell its media division to VKontakte – DatacenterDynamics

Yandex, often considered Russia’s equivalent to Google, has agreed to sell its media arm to VK (VKontakte), the company known as Russia’s Facebook. The news aggregator service Yandex News, and the blogging platform Zen are being sold for undisclosed sums to the social media company, as a result of Russia’s invasion of Ukraine, according to TechCrunch Both platforms have been accused of spreading Russian propaganda and blocking true reporting of the war, putting Yandex at risk of sanctions.

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Yandex Provides Update on Convertible Notes

Yandex Provides Update on Convertible Notes

MOSCOW, RUSSIA and AMSTERDAM, NETHERLANDS / ACCESSWIRE / April 29, 2022 / Yandex N.V., a Dutch public limited company and one of Europe’s largest internet companies and the leading search and ride-hailing provider in Russia, today provided an update in relation to its 0.75% Convertible Notes due 2025 (the “Notes”). On February 28, 2022, Nasdaq and the New York Stock Exchange suspended trading in the securities of a number of companies with material operations in Russia, including the Class A… Source link

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Yandex signs deal with VK to sell its media products, News and Zen – TechCrunch

Yandex signs deal with VK to sell its media products, News and Zen – TechCrunch

In further fallout from Russia’s invasion of Ukraine, Yandex, the company that’s sometimes referred to as the ‘Google of Russia,’ has signed a term sheet to sell its media division to VKontakte (VK), aka the local Facebook equivalent. Yandex confirmed it has signed a term sheet to divest its news aggregator (News) and blogging/infotainment platform (Zen) with VK today. But it declined to provide further detail on the transaction that’s been agreed with VK, including financial… Source link

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Yandex signs deal with VK to sell its media products

Yandex signs deal with VK to sell its media products

In further fallout from Russia’s invasion of Ukraine, Yandex, the company that’s sometimes referred to as the ‘Google of Russia,’ has signed a term sheet to sell its media division to VKontakte (VK), aka the local Facebook equivalent. Yandex confirmed it has signed a term sheet to divest its news aggregator (News) and blogging/infotainment platform (Zen) with VK today. But it declined to provide further detail on the transaction that’s been agreed with VK, including financial… Source link

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Russia’s Yandex plunges to Q1 loss, may look at new listing

Russia’s Yandex plunges to Q1 loss, may look at new listing

People walk near the headquarters of Yandex company in Moscow May 23, 2011. The sign reads “Yandex”. REUTERS/Sergei Karpukhin Register now for FREE unlimited access to Reuters.com Register April 27 (Reuters) – Russian internet group Yandex (YNDX.O) plunged to a first-quarter loss and acknowledged on Wednesday that problems started appearing after Moscow sent troops into Ukraine on Feb. 24. The company, whose Nasdaq-listed shares were suspended in February and warned last month it did not have… Source link

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Russia’s Yandex says it has no plans to split up the company

Russia’s Yandex says it has no plans to split up the company

The logo of Russian internet group Yandex is pictured at the company’s headquarter in Moscow, Russia October 4, 2018. REUTERS/Shamil Zhumatov/File Photo Register now for FREE unlimited access to Reuters.com Register April 26 (Reuters) – Russian internet giant Yandex (YNDX.O) on Tuesday said it has no plans to split the company up, responding to a media report that had said it was looking to divide into a Russian and international division. The Meduza media outlet on Tuesday reported, citing… Source link

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India Russia News: Russian consumer companies turn to India as western brands pull the plug

India Russia News: Russian consumer companies turn to India as western brands pull the plug

Russia’s e-commerce platforms Ozon and Yandex Market, food supplements firm Pharmstandard, dental products distributor Simkodent, largest food retailer X5 Retail Group and confectionery major UNICONF are among several Russian companies that have reached out to India for business ties amid Moscow’s conflict with Kyiv. Due to the conflict and the sanctions on Russia, many European and American brands have stopped supplying their goods including consumer electronics, and apparel to that… Source link

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