Tag Archives: Russias

Russia’s Yandex using AI to reward safe drivers with big …

MOSCOW, Nov 1 (Reuters) – Russian tech giant Yandex plans to reward responsible drivers on its car-sharing platform with cheaper insurance this year, it told Reuters, using machine learning in a pilot programme similar to one already adopted by Tesla. Newly-listed Renaissance Insurance has verified Yandex’s algorithms and the two companies will team up to offer car insurance… Source link

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Russia’s Yandex upgrades revenue outlook, Q3 adj. net income drops on investments

MOSCOW, Oct 27 (Reuters) – Russian internet giant Yandex on Wednesday reported an 82% year-on-year drop in third-quarter adjusted net income, in part due to investments in e-commerce, but raised its 2021 group revenue forecast to 340-350 billion roubles ($4.84-$5 billion). Yandex, which is spending $650 million on an e-commerce drive this year, said gross merchandise volume (GMV) for its e-commerce businesses jumped 214% year-on-year to 41 billion roubles. Adjusted net income fell to 1.34… Source link

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Russia’s Yandex launches UK grocery delivery service

Russian IT giant Yandex on Thursday launched an app-driven express UK grocery delivery service, the latest company to join the crowded marketplace as it expands its international presence. The group’s Yango Deli subsidiary is opening four giant London warehouses to reach a potential 1.4 million customers with its speedy grocery offering, Yandex said in a statement. The New York-listed firm already operates more than 400 warehouses in France, Israel and Russia. The New York-listed firm… Source link

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Russia’s Yandex launches rapid grocery delivery service in London

A courier for Yango Deli, a rapid grocery delivery service run by Russia’s Yandex, rides through London. Yango Deli LONDON — Russian technology giant Yandex is jumping into London’s heated grocery delivery market, with a service that ships essential items to people’s doors in as little as 15 minutes. Yandex said Thursday it has opened four dark stores — mini warehouses designed to fulfill online grocery orders — across the U.K. capital. The company’s service, called Yango Deli, has the… Source link

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Russia’s Yandex Launches Ultrafast Grocery Delivery in London

Russia’s Yandex has launched a rapid grocery delivery service in London — the latest expansion into Western markets for a major Russian technology firm. The ultrafast delivery service will operate under the Yango Deli brand and offer delivery of more than 2,500 products in 15 minutes. The business model is based on the technology giant’s success in rolling out its Yandex Lavka grocery service across Russia, and follows launches in Israel and France as part of an… Source link

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Russia’s Yandex acquires Israeli e-scooter company | The Mighty 790 KFGO

MOSCOW (Reuters) – Russian tech giant Yandex is expanding in Israel with the acquisition of electric scooter rental company Wind, adding to its taxi and food delivery services in the country. Yandex said on Tuesday it expects the deal to be finalised by the end of the year but did not disclose financial terms. The acquisition will include Wind’s e-scooters hardware, its R&D capabilities and operations in Israel, Yandex said. Wind, which operates around 4,500 scooters across 13 cities… Source link

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Russia’s Yandex acquires Israeli e-scooter company

The company logo is seen on the headquarters building of Yandex company, in Moscow June 14, 2012. REUTERS/Maxim Shemetov MOSCOW, Oct 12 (Reuters) – Russian tech giant Yandex (YNDX.O) is expanding in Israel with the acquisition of electric scooter rental company Wind, adding to its taxi and food delivery services in the country. Yandex said on Tuesday it expects the deal to be finalised by the end of the year but did not disclose financial terms. The acquisition will include Wind’s e-scooters… Source link

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Russia’s Yandex acquires Israeli e-scooter company

MOSCOW (Reuters) – Russian tech giant Yandex is expanding in Israel with the acquisition of electric scooter rental company Wind, adding to its taxi and food delivery services in the country. Yandex said on Tuesday it expects the deal to be finalised by the end of the year but did not disclose financial terms. The acquisition will include Wind’s e-scooters hardware, its R&D capabilities and operations in Israel, Yandex said. Wind, which operates around 4,500 scooters across 13 cities in Israel,… Source link

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Russia’s Yandex acquires Israeli e-scooter company

MOSCOW (Reuters) – Russian tech giant Yandex is expanding in Israel with the acquisition of electric scooter rental company Wind, adding to its taxi and food delivery services in the country. Yandex said on Tuesday it expects the deal to be finalised by the end of the year but did not disclose financial terms. The acquisition will include Wind’s e-scooters hardware, its R&D capabilities and operations in Israel, Yandex said. Wind, which operates around 4,500 scooters across 13 cities in Israel,… Source link

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