MOSCOW (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 and registered in the Netherlands, in late April said it was selling its news aggregator platform Yandex News and content recommendation service Yandex Zen to its Russian rival…
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