By Mariko OiBusiness reporter
The owner of Yandex, often referred to as “Russia’s Google”, has said it will pull out of its country of origin.
Its Dutch-based parent company sold the operation in Russia for 475 billion roubles ($5.2bn; £4.2bn), much lower than its estimated market value.
The sale to a consortium of investors means Yandex’s Russian business is now a fully Russian-owned entity.
The firm has previously been accused of hiding information about the war in Ukraine from…
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