Tag Archives: sell

In further fallout from Russia’s invasion of Ukraine, Yandex, the company that’s sometimes referred to as the ‘Google of Russia,’ has signed a term sheet to sell its media division to VKontakte (VK), aka the local Facebook equivalent. Yandex confirmed it has signed a term sheet to divest its news aggregator (News) and blogging/infotainment platform (Zen) with VK today. But it declined to provide further detail on the transaction that’s been agreed with VK, including financial… Source link

Yandex, the Russian online search giant — also running a variety of other digital services — is unlikely to sell its news aggregation service and infotainment platform ‘Zen’ in the foreseeable future. In mid-March, the company was considering such a move, possibly linked to the government’s crackdown on free expression. Amid the war on Ukraine, a new law had banned what the authorities consider to be “false” information or just inadequate wording about the… Source link

Yandex (YNDX) is trying to adjust as Russian companies continue to grapple with many problems because of sanctions on the country over its war with Ukraine. Yandex is considering shutting its grocery delivery business in France and selling its operations in the UK, according to a Bloomberg report. Yandex is Russia’s largest technology company. It offers Google-type internet search engine and other online services. It also provides cloud computing, Uber-like ride-hailing, and food… Source link

Yandex, the Russian online search giant — also running a variety of other digital services — is exploring different “strategic options, including disvestment, for its news aggregation service and infotainment platform Zen.” The company stated Friday it intended to “focus on developing its other technology-related businesses and products (including search, advertising, self-driving and cloud) and transactional services (including ride-hailing, e-commerce, video/audio… Source link

Tech major Yandex is mulling the sale of its media platforms Yandex.news and Yandex.zen to Russian internet company VK, according to sources close to the negotiations. The move away from media would help the company out of a bind between the competing demands of Russian regulation and international stakeholders. … Source link

Ford (F) is taking an unusual approach to battle the ongoing semiconductor crunch afflicting global automakers — doing without them, for the time being. “We are working as hard as we can and offering ways for our customers to get their vehicles sooner during the global semiconductor shortage … Beginning soon, we will offer customers a way to get their Explorer more quickly, too, thanks to a specification change that will keep rear seat heating/air conditioning auxiliary controls up… Source link

Russians have been attempting to sell McDonald’s menu items on Russian website Avito.faber1893/Shutterstock Russians are trying to sell McDonald’s menu items online, following branch closures. Popular items like Big Macs and McMuffins have been offered at inflated prices. One listing on a classified ads website offered McDonald’s packaging for up to $373. Russians are attempting to sell McDonald’s menu items online at highly inflated prices, following the closure of more than 800 restaurants in… Source link

Yandex NV (YNDX) is lower by Thursday morning, with the stock falling -27.50% in pre-market trading to 24.68. YNDX’s short-term technical score of 28 indicates that the stock has traded less bullishly over the last month than 72% of stocks on the market. In the Internet Content & Information industry, which ranks 140 out of 146 industries, Yandex NV ranks higher than 55% of stocks. Yandex NV has fallen 19.91% over the past month, closing… Source link

Just Eat Takeaway.com CEO Jitse Groen said on Sunday the company’s decision to de-list its shares from the Nasdaq stock exchange should not be taken as an indication of plans to sell its Grubhub subsidiary. The company announced its intention to delist its US shares on Tuesday. Shares of the Amsterdam-based company remain listed on the Amsterdam and London stock exchanges. “This is a cost reduction measure,” Groen told Dutch television programme Business Class in an interview. He repeated… Source link

Yandex NV (YNDX) has risen Thursday morning, with the stock adding 4.72% in pre-market trading to 44.11. YNDX’s short-term technical score of 11 indicates that the stock has traded less bullishly over the last month than 89% of stocks on the market. In the Internet Content & Information industry, which ranks 132 out of 146 industries, Yandex NV ranks higher than 13% of stocks. Yandex NV has fallen 30.60% over the past month, closing at… Source link