Tag Archives: Yandex

Yandex Self-Driving Group Clocks 7 Million Autonomous Miles

A Yandex self-driving car in Las Vegas, during the 2020 Consumer Electronics Show. Yandex Yandex Self-Driving Group has driven seven million autonomous miles (11.5 million kilometers) since the team was founded in 2017, more than any other company has announced, save for Alphabet’s Waymo. That’s up from two million miles in February, 2020, showing the company’s continued progress, despite the Covid-19 pandemic. Artem Fokin, Head of Business Development for the group,… Source link

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Yandex to acquire Acropol Bank for RUB 1.1 billion – Telecompaper

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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

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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

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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

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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

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