Tag Archives: sold

Yandex search engine sold in $5.2 billion deal

Yandex search engine sold in .2 billion deal

Yandex, N.V. has agreed to sell its Russian assets – including the Yandex search engine – as part of a deal worth 475 billion rubles (roughly $5.2 billion). Reports of a coming sale emerged in November. The sale still will need regulatory and shareholder approval. About the sale. Yandex N.V., the Dutch parent company of the Yandex Group, agreed to sell all of its Russia-based assets, including Search, to a consortium… Source link

Read More »

‘Russia’s Google’ Yandex to be sold to domestic investors in $5.2 billion deal

‘Russia’s Google’ Yandex to be sold to domestic investors in .2 billion deal

Yandex is set to be sold to a group of Russian investors. Yandex NV, the Dutch parent company of Yandex, announced today that it has reached a $5.21 billion deal to sell most of its Russian operations to a consortium led by investors with ties to Russian oil giant Lukoil. Under the terms of the deal, a new investment fund, Consortium.First, will acquire Yandex”s leading search, advertising, ride-hailing, and other services that generate over 95% of its… Source link

Read More »

Yandex successfully sold Zen and Novosti as well as the delivery club

Yandex successfully sold Zen and Novosti as well as the delivery club

Yandex announced the closing of a business to VK regarding the sale of Zen and News services. Moreover, under the agreement, Delivery Club became part of Yandex business. The federal antimonopoly agency approved the exchange of assets. An image source: Yandex The deal was announced last month. Lastly, the Zen and News services were offered on a single portal, dzen.ru, and other services, as well as Yandex search lines. Hence, dzen.ru portal is going to become yandex.ru, and ya.ru… Source link

Read More »

Yandex (NASDAQ:YNDX) Shares Sold by Envestnet Asset Management Inc.

Yandex (NASDAQ:YNDX) Shares Sold by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. reduced its stake in shares of Yandex (NASDAQ:YNDX – Get Rating) by 0.7% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 135,250 shares of the information services provider’s stock after selling 938 shares during the quarter. Envestnet Asset Management Inc.’s holdings in Yandex were worth $2,864,000 at the end of the most recent… Source link

Read More »

Why Affirm CEO Max Levchin has not sold a single share of his company’s stock

Why Affirm CEO Max Levchin has not sold a single share of his company’s stock

Affirm founder and CEO Max Levchin has a few things flowing in his veins. One, an admirable work ethic that sees him pushing his own physical boundaries each day. Think working to near exhaustion (yes, for real, as the stories on Levchin are told). And two, financial services — which perhaps harkens back to Levchin arriving to the United States in 1991 from Ukraine as a teenager in search of the American Dream, with little money at first. “I came to the U.S. as a teenager, I had no credit… Source link

Read More »

Google co-founder Larry Page sold more than $80 million worth of stock

Google co-founder Larry Page sold more than  million worth of stock

Google parent Alphabet Inc. disclosed that Larry Page, co-founder and current board member, has sold more than $80 million worth of shares, a couple of days after the stock shot up on the back of a blowout earnings report and stock-split announcement. Both the Class C shares and more-active Class A shares rose 0.4% in premarket trading. In filings with the Securities and Exchange Commission after Friday’s closing bell, the internet search giant said… Source link

Read More »

3 reasons big-time CEOs sold billions in company stock recently

3 reasons big-time CEOs sold billions in company stock recently

Tesla CEO Elon Musk, an avid Twitter user, posed a question for his 62 million followers in early November: Should he sell 10% of his stock in the electric carmaker? The CEO, who’s also chief executive of SpaceX, proceeded to unload over $9 billion in Tesla stock that month and sold an additional $963 million in Tesla shares this week. The stock has fallen about 18% since Nov. 4, the week before Musk began his relentless sell-off. While it might be unusual to poll Twitter followers about stock… Source link

Read More »