Eurobites: Russia's Yandex to set up cloud shop in Germany – Light Reading

search September 24, 2021 Yandex News Leave a comment 26 Views

Also in today’s EMEA regional roundup: Truphone expands its IoT reach with Sony; mobile money booms in sub-Saharan Africa; Orange extends 4G in French Guiana.

  • Yandex, Russia’s answer to Amazon, is planning to launch its cloud business in Germany in 2022, with an initial investment of $30 million, Reuters reports (paywall may apply). Yandex currently claims 12,400 cloud clients, and its cloud revenue is expected to reach around 3 billion roubles ($41 million) in 2021. According to the report,…

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