Tag Archives: Russian

Russian internet giant Yandex launches food delivery service in Israel — RT Business News

One of Russia’s most successful technology companies, Yandex, has launched an online grocery delivery service in Israel as part of its international expansion program. The service, which has expanded greatly in Russia since the beginning of the Covid-19 pandemic, will operate in Israel under a new brand, Deli, according to the company’s statement. Read more … Source link

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COVID-19 crisis: a shot in the arm for Russian e-commerce

By Anna Rzhevkina, Alexander Marrow GDANSK/MOSCOW (Reuters) – The coronavirus crisis has helped fuel a surge in online shopping in Russia that has put even the remote icy expanse of Chukotka on the e-commerce map. FILE PHOTO: A Yandex.Eats food delivery courier wearing a protective face mask rides a scooter amid the coronavirus disease (COVID-19) outbreak in Moscow, Russia April 12, 2020. Picture taken April 12, 2020. REUTERS/Maxim Shemetov/File Photo The windswept region in Russia’s far… Source link

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Mail.Ru Partners With Smartphone Maker Prestigio to Launch New Russian Smart Speaker

on November 17, 2020 at 8:00 am Russian internet provider Mail.Ru has teamed up with smartphone maker Prestigio to release a new smart speaker. The Prestigio SmartVoice, called a ‘smart column’ by the Russian companies, is the second built with Mail.Ru’s Marusya voice assistant after the Capsule smart speaker released earlier this year. Mini Column The SmartVoice comes in the semi-standard cylinder form, with buttons on top and a fabric covered middle… Source link

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Multi Billion Dollar Merger between Russian Tech Firm Yandex and Challenger Bank Tinkoff has been Scrapped

The recently proposed merger between Yandex, a major Russia-based tech firm, and banking challenger Tinkoff will not be finalized because the bank’s founder Oleg Tinkov has walked away from the deal. Tinkoff’s management confirmed that all negotiations between the two parties have now been “terminated, effective immediately.” Yandex and Tinkoff had previously reached an agreement “in principle” which would have led to the tech giant acquiring the challenger bank in a $5.5… Source link

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Russian online bank Tinkoff pulls out of $5.5bn Yandex sale

Tinkoff, Russia’s leading online bank, has pulled out of a $5.5bn sale to search giant Yandex that would have represented a major shake-up to the country’s tech and finance industries. Yandex said on Friday that “it has not been able to agree definitive transaction terms with the core shareholders of Tinkoff” and that the parties had decided to conclude the negotiations. The collapse ends a year and a half of talks over what would have been a substantial tie-up at a… Source link

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Yandex vs. Sberbank: Battle of the Russian Tech and Finance Giants Begins

Yandex and Sberbank’s fight to gain control of Russia’s finance and technology industries is being billed as the corporate showdown of the decade. “Sberbank versus Yandex: The battle of the super platforms has begun,” declared Russian business daily Vedomosti last week. Novaya Gazeta went further, dubbing it a “war of the ecosystems.” The clash — which has been brewing in the background for years — took center stage last week when… Source link

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