Tag Archives: retailer

Pic: Yandex.ru Russian tech giant Yandex last week announced pulling out of a deal to buy online fashion retailer KupiVIP, but said it is considering alternative outlets in the field of fashion. In May, it had agreed to buy the online retailer on undisclosed terms to enhance its Yandex.Market, a free platform for displaying products by retail and online stores. The deal was expected to be completed in the third quarter of this year. “Yandex.Market will not exercise its option to… Source link

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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

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

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

Pic: KupiVIP Russian internet-giant Yandex has announced that it is acquiring the online fashion retailer KupiVIP for integrating it in Yandex.Market, a platform for displaying products by retail and online stores. The acquisition is expected to help Yandex accelerate its entry into the apparel and footwear market. The deal will be completed in Q3 2021. The acquisition is subject to regulatory approvals and the terms have not been disclosed. This year, Yandex plans to spend… Source link

Yandex, the so-called ‘Google of Russia’, has announced it has agreed to buy online fashion retailer KupiVIP. The deal will be completed after the summer. Yandex will buy and then integrate online clothing store KupiVIP into Yandex.Market, the company said in a statement Monday. The deal should be completed in the third quarter of this year, once it gets approval of the Federal Antimonopoly Service, Yandex said. According to the statement, the deal will allow Yandex.Market to… Source link

MOSCOW, May 31 (Reuters) – Russian internet giant Yandex on Monday said it had agreed to buy online fashion retailer KupiVIP on undisclosed terms to enhance its Yandex.Market e-commerce offering. Sometimes described as Russia’s Google, Yandex offers a raft of services, from advertising and searches to ride-hailing and food delivery, and has said it plans to spend $400-500 million on an e-commerce drive this year. The deal is subject to regulatory approval and should be completed in the third… Source link

Bloomberg Stock Splits Are Back. So Is the Debate Over Whether They Matter (Bloomberg) — Stock splits are back in vogue among big U.S. companies, reviving a debate about whether the practice that had fallen out of favor for years is worth the fuss.Last week, Nvidia Corp. became the eighth company in the S&P 500 Index to announce a split in the past year, joining big names like Apple Inc. and Tesla Inc. That’s the most over a comparable period in six years, according to data compiled by… Source link