Tag Archives: NasdaqYNDX

Yandex and Sberbank agree to reorganize Yandex.Market and Yandex.Money Nasdaq:YNDX

MOSCOW, June 23, 2020 (GLOBE NEWSWIRE) — Yandex (NASDAQ and MOEX: YNDX), one of Europe’s largest internet companies and the leading search and ride-hailing provider in Russia, announces that it has entered into a binding agreement with Sberbank to reorganize their two Joint Ventures – Yandex.Market and Yandex.Money. As a result of this transaction, Yandex will become the controlling shareholder in Yandex.Market, while simultaneously exiting the Yandex.Money joint venture. Tigran… Source link

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Yandex Announces First Quarter 2020 Financial Results Nasdaq:YNDX

MOSCOW and AMSTERDAM, the Netherlands, April 28, 2020 (GLOBE NEWSWIRE) — Yandex (NASDAQ and MOEX: YNDX), one of Europe’s largest internet companies and the leading search provider in Russia, today announced its unaudited financial results for the first quarter ended March 31, 2020. Q1 2020 Financial Highlights(1)(2) Q1 2020 consolidated financial results Revenues of RUB 47.0 billion ($604.7 million), up 26% compared with Q1 2019 Net income of RUB 5.5 billion ($70.7 million), up 76%… Source link

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