Tag Archives: Russian

MOSCOW (Reuters) – Russia’s Federal Antimonopoly Service (FAS) said on Wednesday a deal between Yandex.Taxi ride-hailing service, a subsidiary of Russian internet group Yandex, and a taxi firm Vezet could have negative effect on competition on the taxi market. Yandex.Taxi announced last month the acquisition of selected assets of Vezet to ramp up development of logistics services and enhance customer case across Russian regions. FAS said the deal did not require its approval as assets… Source link

MOSCOW (Reuters) – Russia’s Federal Antimonopoly Service (FAS) said on Wednesday a deal between Yandex.Taxi ride-hailing service, a subsidiary of Russian internet group Yandex, and a taxi firm Vezet could have negative effect on competition on the taxi market. Yandex.Taxi announced last month the acquisition of selected assets of Vezet to ramp up development of logistics services and enhance customer case across Russian regions. FAS said the deal did not require its approval as assets… Source link

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Russian technology firms Yandex, Mail.ru Group, Ozon and Wildberries are reportedly creating their own Fintech platforms so that they can potentially compete with some of the largest banks in the country, according to a report from Forbes Russia. Nasdaq-listed Yandex, which was in negotiations to acquire Russia’s digital bank Tinkoff (but the deal failed), has now decided to continue its focus on Fintech so it can offer some type of financial services via mergers and acquisitions or some… Source link

Russia’s competition watchdog has ordered Yandex to stop giving its own companies preferential opportunities to promote their services on its search engine, as part of a warning that the company may be abusing its dominance. To read more Subscribe to Global Competition Review … Source link

MOSCOW, February 24. /TASS/. Russian IT giant Yandex once again maintaned the leading position in the rating of the most expensive companies in the Russian segment of the Internet, published by Forbes. According to the report, the value of the company reached $22.98 bln. Yandex has been maintaining the title of the most expensive player in the Russian Internet segment for the third year in a row – in 2020 the company was worth $14.6 bln, and in 2021 it has risen in price more than… Source link

MOSCOW (UrduPoint News / Sputnik – 12th February, 2021) Russian internet giant Yandex said on Friday it had detected a data breach of 4,887 mailboxes orchestrated by the company‘s employee for personal gain. “Yandex… today announced that a data breach had been discovered during routine screening by Yandex’s security team. An internal investigation revealed that an employee had been providing unauthorized access to users’ mailboxes for personal gain,” the company said in a press… Source link

One of Europe’s largest internet companies and a leading search provider in Russia has acquired cer… … Source link

Legion Media; Global Look Press; Elitsy; Yandex.zen We’re not guaranteeing you won’t be banned for being outright obscene, but if American social networks have become too much for you with their loose interpretations of what’s harmful and what’s not, here’s a list of Russian messengers and social networks that’ll help fill the gap! 1. VKontakte (VK.com) Vkontakte social media page as seen on a computer screen Natalia Seliverstova/Sputnik… Source link

(Reuters) – A draft law proposing to limit foreign shareholdings in Russian companies that offer online video streaming services to 20% could worsen the investment climate, a spokesperson for internet giant Yandex told Reuters on Monday. Russian lawmaker Anton Gorelkin on Friday submitted the draft law to the lower house of parliament, the Duma, saying in a blogpost that new amendments were aimed at… Source link