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MOSCOW, December 21. /TASS/. Yandex has closed the deal of buying out the Uber stake in Yandex food, online store, delivery, and self-driving services totaling $1 bln, the press service of the Russian technology company told TASS. “Yandex has closed the deal of buying out the Uber stake in Yandex.Eats, Yandex.Lavka, Yandex.Delivery, and the self-driving service” the company said. Yandex and Uber will continue joint development of taxi ordering, car-sharing, and kick scooter hire services,… Source link

Yandex Announces Completion of Restructuring of its Taxi Group Assets Moscow, Amsterdam, December 21, 2021 – Yandex (NASDAQ and MOEX: YNDX), one of Europe’s largest internet companies and the leading search and ride-hailing provider in Russia, today announced that it has completed the previously announced restructuring of the ownership of MLU B.V., its joint venture with Uber (“MLU”). The restructuring was completed in two stages: … Source link

Exhibit 99.1   Yandex Announces Completion of Restructuring of its Taxi Group Assets ​ Moscow, Amsterdam, December 21, 2021 – Yandex (NASDAQ and MOEX: YNDX), one of Europe’s largest internet companies and the leading search and ride-hailing provider in Russia, today announced that it has completed the previously announced restructuring of the ownership of MLU B.V., its joint venture with Uber (“MLU”). ​ The restructuring was completed in two stages: ● The acquisition by Yandex of… Source link

On December 13, 2021, ENKA signed a contract for the construction of an innovative new headquarters for Yandex, the global technology leader, in the Gagarinsky District of Moscow, the Russian Federation. ENKA has been working in the Russian Federation since 1988 and bringing creative designs, high-end details and best solutions to engineer, build and manage the inspiring projects in the country ranging from buildings, infrastructure works, power plants to oil & gas to… Source link

Amazon’s often teflon stock (AMZN) is proving to be anything but as the peak holiday shopping season nears its conclusion.  With Monday’s 1.7% decline, shares of the tech giant dropped below its 200-day moving average (a key measure of market sentiment) on a closing basis for the first time since Nov. 1 on Monday. Amazon founder Jeff Bezos lost $3 billion in net worth in Monday’s sell-off. Amazon has closed down seven out of the past nine sessions, per Bloomberg data. Shares are up slightly… Source link

MOSCOW, RUSSIA / AMSTERDAM, NETHERLANDS / ACCESSWIRE / December 21, 2021 / Yandex (NASDAQ and MOEX:YNDX), one of Europe’s largest internet companies and the leading search and ride-hailing provider in Russia, today announced that it has completed the previously announced restructuring of the ownership of MLU B.V., its joint venture with Uber (“MLU”). The restructuring was completed in two stages: The acquisition by Yandex of Uber’s 18.2% interest in Self Driving Group and a 4.5% interest in… Source link

MOSCOW, RUSSIA / AMSTERDAM, NETHERLANDS / ACCESSWIRE / December 21, 2021 / Yandex (NASDAQ and MOEX:YNDX), one of Europe’s largest internet companies and the leading search and ride-hailing provider in Russia, today announced that it has completed the previously announced restructuring of the ownership of MLU B.V., its joint venture with Uber (“MLU”). The restructuring was completed in two stages: The acquisition by Yandex of Uber’s 18.2% interest in Self Driving Group and… Source link

EquityStory.RS, LLC-News: Yandex N.V. / Key word(s): Miscellaneous/Miscellaneous21.12.2021 / 14:15 MSKThe issuer is solely responsible for the content of this announcement. Yandex Announces Completion of Restructuring of its Taxi Group Assets Moscow, Amsterdam, December 21, 2021 – Yandex (NASDAQ and MOEX: YNDX), one of Europe’s largest internet companies and the leading search and ride-hailing provider in Russia, today announced that it has completed the previously announced restructuring of… Source link

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This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Tuesday, December 21, 2021 2022 is getting off to a rough start (already) “Omi-whatever” sure didn’t last long. A couple of weeks ago, Bloomberg’s catchy headline and pull quote appeared to sum up a market that had decided to move beyond the latest COVID-19 variant. That sentiment figured prominently in a piece written on December 10 by yours… Source link