Yandex, the NASDAQ-listed Russian tech major, is preparing to launch its express e-grocery delivery service in Western Europe – after successful deployment in Russia and Israel, reports East-West Digital News (EWDN). The first target is France, where Yandex registered a local company earlier… Source link
Read More »bne IntelliNews – EWDN: After successes in Russia and Israel, Yandex prepares to launch express delivery service in Western Europe
Yandex, the NASDAQ-listed Russian tech major, is preparing to launch its express e-grocery delivery service in Western Europe – after successful deployment in Russia and Israel, reports East-West Digital News (EWDN). The first target is France, where Yandex registered a local company earlier… Source link
Read More »bne IntelliNews – EWDN: After successes in Russia and Israel, Yandex prepares to launch express delivery service in Western Europe
Yandex, the NASDAQ-listed Russian tech major, is preparing to launch its express e-grocery delivery service in Western Europe – after successful deployment in Russia and Israel, reports East-West Digital News (EWDN). The first target is France, where Yandex registered a local company earlier… Source link
Read More »Yandex to acquire Acropol Bank for RUB 1.1 billion – Telecompaper
Add comment We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way… Source link
Read More »Yandex acquires Acropol Bank for $14.7 million – TechGraph – TechGraph
[unable to retrieve full-text content]Yandex acquires Acropol Bank for $14.7 million – TechGraph TechGraph Source link
Read More »Yandex (YNDX) Q1 Earnings Miss Estimates, Revenues Rise Y/Y – April 29, 2021
Yandex N.V. (YNDX Quick QuoteYNDX – Free Report) reported first-quarter 2021 adjusted earnings of 8 centsper share, missing the Zacks Consensus Estimate by 75.7%. Further, the figure declined 65.2% sequentially and 57.9% year over year. Revenues were $966.1 million. In ruble terms, the figure stands at RUB 73.1 billion,whichrose 56% on a year-over-year basisand 2.1% from the previous quarter. The reported revenue figure includes the consolidated financial results of… Source link
Read More »Yandex (YNDX) Q1 Earnings Miss Estimates, Revenues Rise Y/Y
Yandex N.V. YNDX reported first-quarter 2021 adjusted earnings of 8 centsper share, missing the Zacks Consensus Estimate by 75.7%. Further, the figure declined 65.2% sequentially and 57.9% year over year. Revenues were $966.1 million. In ruble terms, the figure stands at RUB 73.1 billion,whichrose 56% on a year-over-year basisand 2.1% from the previous quarter. The reported revenue figure includes the consolidated financial results of Yandex.Market. Improving momentum across the company’s… Source link
Read More »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
Read More »Yandex Targets $14.7M Acropol Bank Acquisition For Banking License
Bloomberg HNA Group Assets Attract Interest From Fosun, JD.com (Bloomberg) — Fosun Group and an arm of JD.com Inc. are among suitors considering investing in domestic operations of HNA Group Co. as the indebted Chinese conglomerate is reorganized after being placed under government control, people with knowledge of the matter said.Ping An Insurance Group Co., Juneyao Airlines Co. and Air China Ltd. have also been studying HNA’s assets, the people said, asking not to be identified because… Source link
Read More »UPDATE 1-Russia’s Yandex to buy Acropol bank to develop financial services
Bloomberg Bonds Beat Stocks at Pension Funds, Turning 60/40 Inside Out (Bloomberg) — The debate over the traditional 60/40 portfolio seems endless, but for pensions at least, it’s over — and bonds won.The retirement funds of the top 100 U.S. public companies, with combined assets of about $1.8 trillion, have ratcheted up their fixed-income allocations to a record level. At the end of their last fiscal year, they held 50.2% of assets in debt, while slashing money parked in equities to an… Source link
Read More »