The logo of Google is seen on a building at La Defense business and financial district in Courbevoie near Paris, France, September 1, 2020. REUTERS/Charles Platiau TOKYO, July 13 (Reuters) – Alphabet’s Google (GOOGL.O) has agreed to buy payments business Pring from backers including fintech firm Metaps Inc (6172.T) as the U.S. tech giant pushes into Japan’s rapidly growing market for cashless services. The startup’s three top shareholders – Metaps, software company Miroku Jyoho Service Co Ltd… Source link
Read More »Russia’s Yandex Pulls Out of Deal to Buy Fashion E-tailer KupiVIP
Yandex.Market is one of Russia’s leading e-commerce platform players. Shutterstock Russian tech giant, Yandex, has decided not to proceed with its purchase of fashion e-commerce player, KupiVIP, according to Russian media reports. Yandex not only has a widespread technology portfolio that has led it being called “Russia’s Google”, the company’s Yandex.Market also makes it… Source link
Read More »Russia's Yandex pulls out of deal to buy online fashion retailer KupiVIP – KFGO News
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Read More »Russia's Yandex pulls out of deal to buy online fashion retailer KupiVIP – WHBL News
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Read More »Russia’s Yandex pulls out of deal to buy online fashion retailer KupiVIP
MOSCOW (Reuters) – Russian tech giant Yandex said on Friday it was pulling out of a deal to buy online fashion retailer KupiVIP, but is considering alternative outlets in the fashion sector. Yandex said in May it had agreed to buy the online retailer on undisclosed terms to enhance its Yandex.Market offering. “Yandex.Market will not exercise its option to buy the KupiVIP group,” Yandex said in a statement. (Reporting by Gleb Stolyarov; Writing by Alexander Marrow; editing by David Evans) Source link
Read More »Russia’s Yandex pulls out of deal to buy online fashion retailer KupiVIP
Employees move boxes at a logistics centre of the Yandex.Market e-commerce platform in Moscow, Russia June 21, 2021. REUTERS/Evgenia Novozhenina/Files MOSCOW, July 9 (Reuters) – Russian tech giant Yandex (YNDX.O) said on Friday it was pulling out of a deal to buy online fashion retailer KupiVIP, but is considering alternative outlets in the fashion sector. Yandex said in May it had agreed to buy the online retailer on undisclosed terms to enhance its Yandex.Market offering. “Yandex.Market will… Source link
Read More »Russia’s Yandex pulls out of deal to buy online fashion retailer KupiVIP
MOSCOW, July 9 (Reuters) – Russian tech giant Yandex said on Friday it was pulling out of a deal to buy online fashion retailer KupiVIP, but is considering alternative outlets in the fashion sector. Yandex said in May it had agreed to buy the online retailer on undisclosed terms to enhance its Yandex.Market offering. “Yandex.Market will not exercise its option to buy the KupiVIP group,” Yandex said in a statement. (Reporting by Gleb Stolyarov; Writing by Alexander Marrow; editing by David Evans) Source link
Read More »Philip Morris Vies With Carlyle to Buy Asthma Drugmaker Vectura
(Bloomberg) — Philip Morris International Inc. agreed to buy U.K. asthma drug maker Vectura Group Plc for $1.2 billion, one of the biggest moves yet by a tobacco company toward treating conditions that its cigarettes can help cause. Philip Morris is offering 150 pence in cash for every Vectura share, the companies said in a statement Friday. That’s 11% higher than Thursday’s closing price, and beats an offer from Carlyle Group Inc. that management had agreed to in May. Vectura shares… Source link
Read More »2 “Strong Buy” Stocks Flirting With a Bottom
Stocks can flirt with a price bottom for a lot of reasons. Usually, however, investors will assume that there is something fundamentally unsound about the stock, or the company. Perhaps its business model is flawed, perhaps its product has grown unpopular – these, and many more factors can drive the share price down. But sometimes, perhaps just as often, a stock price will fall when there is no underlying unsoundness. A spate of bad news, a quarter that misses expectations, or a bad sales… Source link
Read More »Yandex (NASDAQ:YNDX) Given Consensus Rating of “Buy” by Brokerages
Yandex (NASDAQ:YNDX) has received an average recommendation of “Buy” from the ten brokerages that are covering the firm, MarketBeat Ratings reports. Three equities research analysts have rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average 1-year price target among brokers that have covered the stock in the last year is $71.75. A number of equities analysts have commented on YNDX shares. New Street Research started coverage on… Source link
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