Tag Archives: plan

Russia’s Yandex ups 2021 e-commerce investment plan after strong Q2

Get inside Wall Street with StreetInsider Premium. Claim your 1-week free trial here. By Alexander Marrow MOSCOW (Reuters) -Russian internet giant Yandex said on Wednesday it intends to spend around $650 million on e-commerce initiatives this year, more than previously planned, after reporting strong second-quarter results and upgrading its 2021 revenue forecast. Group revenue this year should now be between 330 and 340 billion roubles ($4.49-$4.63 billion),… Source link

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Russia’s Yandex ups 2021 e-commerce investment plan to $650 mln -CFO

MOSCOW, July 28 (Reuters) – Russian internet firm Yandex plans to invest around $650 million in e-commerce projects this year, Chief Financial Officer Svetlana Demyashkevich said on Wednesday, higher than the previous plan of $400-500 million. Demyashkevich said Yandex, which reported strong second-quarter results earlier on Wednesday, was committed to allocating substantial capital in its e-commerce initiatives, but said providing a specific figure for next year and beyond was hard…. Source link

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Russia’s Yandex ups 2021 e-commerce investment plan to $650 mln -CFO

MOSCOW, July 28 (Reuters) – Russian internet firm Yandex plans to invest around $650 million in e-commerce projects this year, Chief Financial Officer Svetlana Demyashkevich said on Wednesday, higher than the previous plan of $400-500 million. Demyashkevich said Yandex, which reported strong second-quarter results earlier on Wednesday, was committed to allocating substantial capital in its e-commerce initiatives, but said providing a specific figure for next year and beyond was hard…. Source link

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Russia’s Yandex ups 2021 e-commerce investment plan to $650 mln -CFO

MOSCOW, July 28 (Reuters) – Russian internet firm Yandex plans to invest around $650 million in e-commerce projects this year, Chief Financial Officer Svetlana Demyashkevich said on Wednesday, higher than the previous plan of $400-500 million. Demyashkevich said Yandex, which reported strong second-quarter results earlier on Wednesday, was committed to allocating substantial capital in its e-commerce initiatives, but said providing a specific figure for next year and beyond was hard…. Source link

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UPDATE 2-Russia’s Yandex ups 2021 e-commerce investment plan after strong Q2

(Releads on e-commerce investment) By Alexander Marrow MOSCOW, July 28 (Reuters) – Russian internet giant Yandex said on Wednesday it intends to spend around $650 million on e-commerce initiatives this year, more than previously planned, after reporting strong second-quarter results and upgrading its 2021 revenue forecast. Group revenue this year should now be between 330 and 340 billion roubles ($4.49-$4.63 billion), Yandex said, up from 315-330 billion roubles previously. Second-quarter… Source link

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Russia’s Yandex ups 2021 e-commerce investment plan after strong Q2

By Alexander Marrow MOSCOW (Reuters) -Russian internet giant Yandex said on Wednesday it intends to spend around $650 million on e-commerce initiatives this year, more than previously planned, after reporting strong second-quarter results and upgrading its 2021 revenue forecast. Group revenue this year should now be between 330 and 340 billion roubles ($4.49-$4.63 billion), Yandex said, up from 315-330 billion roubles previously. Second-quarter revenue jumped 70% year-on-year to 81.4 billion… Source link

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Bitcoin Surges Amid Short Covering, Speculation Over Amazon Plan

(Bloomberg) — Bitcoin soared on Monday to approach $40,000, a rally some attributed to traders exiting bets on declines as well as ongoing speculation over Amazon.com Inc.’s potential involvement in the cryptocurrency sector. The largest crypto rose as much as 15% to $39,681 before paring some of the climb to trade at about $38,600 as of 7 a.m. in London. Other virtual coins also rallied, including second-ranked Ether. “The extent of the jump was probably driven by over-leveraged… Source link

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Google sticks with plan to bring most employees back to office | Business and Economy News

Google software engineers reported something in a recent survey that surprised higher-ups: they felt as productive working from home as they did before the pandemic. Internal research at the Alphabet Inc. unit also showed that employees want more “collaboration and social connections” at work, according to Brian Welle, a human resources vice president. Welle declined to provide exact figures but said “more than 75%” of surveyed employees answered this way. Most staff also… Source link

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Millions of American families plan for ‘life-changing’ Child Tax Credit payments

When the monthly Child Tax Credit payments start this week, the Meyette family of Fontana, California, will see their household income increase by 25% — a much-needed boost at this time. Erica Meyette recently underwent surgery and her husband Jonathan, who is the sole breadwinner, missed two weeks of work to care for her. The $600 the family will get for their two daughters will go to expenses, savings, and any medical debt they incur. “So $600 a month is an increase of big proportions… Source link

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Biden’s $2.5 Trillion Plan Could Send These 3 EV Stocks Soaring

Just days from now, Biden is set to gamble a proposed $2.5 trillion on a new plan, in hopes of bringing America’s foundation into the next generation. It’s coming in the form of the biggest infrastructure project since the highway system was built in the 1970s. But with today’s massive infrastructure bill, most people might be missing the real story. That’s because typical “infrastructure” pieces like roads, highways, and bridges don’t even make up the biggest part of the bill. Instead,… Source link

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