MOSCOW, July 28 (Reuters) – Russian internet firm Yandex plans to invest around $650 million in e-commerce projects this year, Chief Financial Officer Svetlana Demyashkevich said on Wednesday, higher than the previous plan of $400-500 million. Demyashkevich said Yandex, which reported strong second-quarter results earlier on Wednesday, was committed to allocating substantial capital in its e-commerce initiatives, but said providing a specific figure for next year and beyond was hard…. Source link
Read More »UPDATE 2-Russia’s Yandex ups 2021 e-commerce investment plan after strong Q2
(Releads on e-commerce investment) By Alexander Marrow MOSCOW, July 28 (Reuters) – Russian internet giant Yandex said on Wednesday it intends to spend around $650 million on e-commerce initiatives this year, more than previously planned, after reporting strong second-quarter results and upgrading its 2021 revenue forecast. Group revenue this year should now be between 330 and 340 billion roubles ($4.49-$4.63 billion), Yandex said, up from 315-330 billion roubles previously. Second-quarter… Source link
Read More »Russia’s Yandex ups 2021 e-commerce investment plan after strong Q2
By Alexander Marrow MOSCOW (Reuters) -Russian internet giant Yandex said on Wednesday it intends to spend around $650 million on e-commerce initiatives this year, more than previously planned, after reporting strong second-quarter results and upgrading its 2021 revenue forecast. Group revenue this year should now be between 330 and 340 billion roubles ($4.49-$4.63 billion), Yandex said, up from 315-330 billion roubles previously. Second-quarter revenue jumped 70% year-on-year to 81.4 billion… Source link
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The U.S. Centers for Disease Control and Prevention (CDC) is aiming to reduce the quarantine requirements for someone potentially exposed to the virus from 14 days to somewhere between 7 to 10 days. The change in days, in addition to conducting a test, is being pursued as health officials try to gain better compliance with an increasingly covid-weary population, according to the Wall Street Journal. The decision is also guided by a better understanding of the phases of virus incubation and… Source link
Read More »White House ups offer to ‘almost $1.9 trillion’ ahead of Pelosi’s Tuesday deadline
The Daily Beast QAnon’s Fave Website Lost Its Host—but Found a New Russian One QAnon—an unhinged conspiracy theory falsely accusing President Donald Trump’s foes of Satanic pedophilia and cannibalism—has become so enmeshed in the GOP that at least one Q-loving Republican is expected to win a congressional seat this year.But in more level-headed industries, the theory is so toxic that few U.S. companies want anything to do with it. That includes an Oregon-based web services company… Source link
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