Russia’s Yandex says investments could pick up as revenues rise

Russia’s Yandex says investments could pick up as revenues rise

  • Yandex reports rise in revenue, profit, EBITDA
  • Russian firm says making strong efforts to conserve cash
  • Yandex’s Moscow-listed shares up 8% by 1345 GMT
  • 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 (YNDX.O) reported on Tuesday a jump in second-quarter revenue and profit, saying efforts to save cash had helped it weather external challenges and that investments may accelerate…


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