Tech giant Yandex — dubbed “Russia’s Google” — has agreed to sell its Russian assets to a consortium of investors for $5.2 billion, the biggest corporate exit from the country since the Kremlin’s invasion of Ukraine in 2022. The company, which is registered in the Netherlands but conducts most of its business in Russia, said that the government-backed sale includes 95% of its assets, including the country’s most-popular search engine, a ride-sharing application, and an… Source link
Read More »Sale of ‘Russia’s Google’ Yandex tightens Moscow’s grip on the internet
