Russia’s Yandex posts 45% increase in total revenues in Q2

Russia’s Yandex posts 45% increase in total revenues in Q2

* This content was produced in Russia where the law
restricts
coverage of Russian military operations in Ukraine

MOSCOW, July 26 (Reuters) – Russian internet giant Yandex
on Tuesday reported a 45% year-on-year increase in
total revenues in the second quarter to 118 billion roubles ($2
billion) and rebounded from last quarter’s net loss to post
adjusted net income of 13.1 billion roubles.

Yandex, one of Europe’s largest internet businesses,
registered in the…


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