Russia’s Yandex Sells Assets to State-Backed Firm as Kremlin Tightens Grip on Internet

Russia’s Yandex Sells Assets to State-Backed Firm as Kremlin Tightens Grip on Internet

Yandex NV, which runs Russia’s largest search engine and ride-hailing service, sold its media interests to a state-backed company, deepening the Kremlin’s control over the Russian internet.

Often referred to as “Russia’s Google,” Yandex said it was selling its news aggregator, its Zen social-media platform and its homepage to VK, Russia’s largest social-media company, in exchange for VK’s food delivery app Delivery Club.


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