/cloudfront-us-east-2.images.arcpublishing.com/reuters/Y433XISG7VJQ7CFA7FXIM5MA4M.jpg "Russia’s Yandex to launch cloud business in Germany, invest mln initially")
The logo of Russian internet group Yandex is pictured at the company’s headquarter in Moscow, Russia October 4, 2018. REUTERS/Shamil Zhumatov/File Photo
MOSCOW, Sept 24 (Reuters) – Russian internet firm Yandex (YNDX.O) plans to launch its cloud business in Germany in 2022, with an initial investment of $30 million, the company said ahead of its annual Yandex.Scale cloud conference on Friday.
Yandex.Cloud’s revenue is seen tripling to around 3 billion roubles in 2021 but, having launched in…
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