Tag Archives: Russias

Russia’s Yandex snaps up fashion retailer to boost e-commerce push

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

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Autonomous food delivery robots from Russia’s Yandex take to the sidewalks in Ann Arbor, Mich.

Yandex has partnered with Amer’s Deli to deliver food with the Rovers, six-wheeled delivery bots that weigh about 150 pounds and are large enough to carry the equivalent of five large pizzas. By fall, the company anticipates adding more restaurants to its delivery offerings here. Ramping up those operations this spring is not as arduous as starting from scratch, Vorobev says, in part because Yandex already has self-driving test vehicles on Ann Arbor roads. The company deployed seven of its… Source link

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Autonomous food delivery robots from Russia’s Yandex take to the sidewalks in Ann Arbor, Mich.

Yandex has partnered with Amer’s Deli to deliver food with the Rovers, six-wheeled delivery bots that weigh about 150 pounds and are large enough to carry the equivalent of five large pizzas. By fall, the company anticipates adding more restaurants to its delivery offerings here. Ramping up those operations this spring is not as arduous as starting from scratch, Vorobev says, in part because Yandex already has self-driving test vehicles on Ann Arbor roads. The company deployed seven of its… Source link

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Russia’s Yandex tests robotaxis in U.S. college town

Yandex has partnered with Amer’s Deli to deliver food with the Rovers, six-wheeled delivery bots that weigh about 150 pounds and are large enough to carry the equivalent of five large pizzas. By fall, the company anticipates adding more restaurants to its delivery offerings here. Ramping up those operations this spring is not as arduous as starting from scratch, Vorobev says, in part because Yandex already has self-driving test vehicles on Ann Arbor roads. The company deployed seven of its… Source link

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Russia’s Yandex to acquire Acropol bank to develop financial services

Yandex said on Thursday it had agreed to buy mid-sized bank Acropol for 1.1 billion roubles ($14.8 million), a move that will secure a banking licence for the Russian internet company so that it can develop financial services. Yandex has sought a means to develop its fintech offering after its split from a joint venture with state lender Sberbank last summer meant it ceded control of e-payment service Yandex.Money. In October, a $5.48… Source link

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Russia’s Yandex to buy Acropol bank in move to develop financial services

Bloomberg Shock and Tears: Behind Vanguard’s Retreat From China’s Market (Bloomberg) — Vanguard Group Inc. staff who dialed into a video call from their desks on the 40th floor of the Shanghai World Financial Center last month were expecting a morale-boosting speech from regional head Scott Conking on how the U.S. fund giant would tackle the Chinese market after years of preparation.Instead, Conking said the $7 trillion money manager was abandoning its push for a mutual fund license. The… Source link

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Russia’s Yandex says Q1 adj. net income down 43% y/y, upgrades 2021 revenue outlook

Bloomberg Reluctant Emerging Asia Could Delay Rate Hikes Until 2022 (Bloomberg) — Emerging Asia’s central banks are expected to opt for supporting their economic recoveries rather than tackling volatile price swings this year.All eight emerging Asian economies, including India and Indonesia, are seen holding benchmark interest rates steady through 2021, according to the median forecasts from Bloomberg surveys of economists.Higher real interest rates will allow some of Asia’s central banks… Source link

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Russia’s Yandex to launch e-grocery delivery in Paris then London

Russian internet giant Yandex (YNDX.O) is set to launch its online grocery delivery in Paris in the second quarter of this year, the company said on Friday, after strong demand in Russia during the COVID-19 pandemic. Russia’s e-commerce market boomed last year as lockdown restrictions kept shoppers at home, with Yandex.Lavka, a 15-minute grocery delivery service, one of the main beneficiaries. Yango, the international arm of Yandex Go, the firm’s taxi aggregator and food tech business,… Source link

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Russia’s Yandex to launch e-grocery delivery in Paris then London

MOSCOW (Reuters) – Russian internet giant Yandex is set to launch its online grocery delivery in Paris in the second quarter of this year, the company said on Friday, after strong demand in Russia during the COVID-19 pandemic. Russia’s e-commerce market boomed last year as lockdown restrictions kept shoppers at home, with Yandex.Lavka, a 15-minute grocery delivery service, one of the main beneficiaries. Yango, the international arm of Yandex Go, the firm’s taxi aggregator and food tech… Source link

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Russia’s Yandex to launch e-grocery delivery in Paris then London | WTVB | 1590 AM · 95.5 FM

Russia’s Yandex to launch e-grocery delivery in Paris then London | WTVB | 1590 AM · 95.5 FM | The Voice of Branch County Skip to Content Close For the health and safety of everyone, our offices are temporarily closed to the public. If you have won a prize from us we will be mailing it to you or will contact you with specific information needed to redeem your prize…. Source link

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