Tag Archives: Russias

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 Rapid Delivery in France

Russian tech giant Yandex said Thursday it plans to launch its rapid grocery delivery service in France later this year and is also gearing up to start operations in London. Since the start of the coronavirus pandemic demand for online grocery deliveries has spiked, buttressing 15-minute grocery delivery services such as Yandex.Lavka. Yandex.Lavka currently operates in several big Russian cities as well as Tel Aviv. The company said the service would start operating in Paris in… Source link

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Russia’s Yandex seeks more time to respond to allegation it broke competition law

TipRanks Keep on Buying These 3 EV Stocks, Says Analyst Following Conference Investors are always on the lookout for the next big thing, the next industry that will bring the great returns. Predicting what stock sector will blast off is an inexact science, at best; but like politics, stocks run downstream from culture. And right now, culture is all-in for clean energy and electric cars. Observing the electric vehicle (EV) stock sector for Colliers Securities is industry expert Michael Shlisky…. Source link

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bne IntelliNews – Russia’s Yandex maintains e-commerce ambitions, ecosystem seen as key

Russia’s internet major Yandex is maintaining ambitious plans in the e-commerce space for this year and sees its ecosystem as a key competitive advantage, Sova Capital wrote on March 11 after a call with Yandex executives and investors. As reported by bne IntelliNews, in 2021 Yandex for the fifth year in a row topped the list of most valuable tech and internet companies with a valuation of $23bn. Its investment case now rests on… Source link

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bne IntelliNews – Russia’s Yandex maintains e-commerce ambitions, ecosystem seen as key

Russia’s internet major Yandex is maintaining ambitious plans in the e-commerce space for this year and sees its ecosystem as a key competitive advantage, Sova Capital wrote on March 11 after a call with Yandex executives and investors. As reported by bne IntelliNews, in 2021 Yandex for the fifth year in a row topped the list of most valuable tech and internet companies with a valuation of $23bn. Its investment case now rests on… Source link

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Russia’s antimonopoly watchdog suspects Yandex of market discrimination

11:07 25/02/2021 MOSCOW, February 25 (RAPSI) – Russia’s Federal Antimonopoly Service (FAS) has issued a warning to Yandex company over creation of discriminatory conditions in the search engine, according to the watchdog’s statement. The company’s actions also contain the signs of abuse of market power, the FAS states. According to the FAS press office, Yandex provides marketing priority in the engine to its services that leads to discrimination. The regulator has ordered Yandex to… Source link

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Russia’s Yandex to spend $400-500 million on e-commerce in 2021 after profit rise

By Alexander Marrow, Nadezhda Tsydenova MOSCOW (Reuters) – Russia’s Yandex, which on Tuesday reported a 2% rise in 2020 net profit, plans to spend $400 million-$500 million on an e-commerce push this year to help annual revenue reach 305-320 billion roubles ($4.1-4.3 billion), its finance chief said. FILE PHOTO: The company logo is seen on the headquarters building of Yandex company, in Moscow June 14, 2012. REUTERS/Maxim Shemetov Yandex’s core advertising business took a hit during the… Source link

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Russia’s Yandex to spend $400-500 million on e-commerce in 2021 after profit rise

By Alexander Marrow, Nadezhda Tsydenova MOSCOW (Reuters) – Russia’s Yandex, which on Tuesday reported a 2% rise in 2020 net profit, plans to spend $400 million-$500 million on an e-commerce push this year to help annual revenue reach 305-320 billion roubles ($4.1-4.3 billion), its finance chief said. FILE PHOTO: The company logo is seen on the headquarters building of Yandex company, in Moscow June 14, 2012. REUTERS/Maxim Shemetov Yandex’s core advertising business took a hit during the… Source link

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