Russian tech giant Yandex has announced that they have completed the reorganization of their joint venture Yandex.Market and Yandex.Money with Sberbank. In a filing with the regulatory, Yandex said, “The company will now own 100% equity shares of Yandex.Market, with an equity incentive pool set aside for Yandex.Market management.” “Besides this, Yandex has exited the Yandex.Money joint venture. As a result, any financial services non-complete obligations between Yandex and Sberbank… Source link
Read More »Sberbank and Yandex complete deal to split their assets
Under the terms of the deal, Sberbank has bought out a 25%+1 stake in Yandex.Money. Sberbank Rossii PAO (MCX:SBER) today announces the closing of the deal with Yandex for splitting of their assets. Under the terms of the deal, Sberbank has bought out a 25%+1… Source link
Read More »Yandex and Sberbank complete the reorganization of Yandex.Market and Yandex.Money Nasdaq:YNDX
MOSCOW and AMSTERDAM, July 23, 2020 (GLOBE NEWSWIRE) — Yandex (NASDAQ and MOEX: YNDX) and Sberbank announced that they have completed the reorganization of their Joint Ventures – Yandex.Market and Yandex.Money. Yandex now owns 100% of Yandex.Market, with an equity incentive pool set aside for Yandex.Market management. In addition, Yandex has exited the Yandex.Money Joint Venture. As a result, any financial services non-compete obligations between Yandex and Sberbank are now… Source link
Read More »Yandex and Sberbank complete the reorganization of Yandex.Market and Yandex.Money
MOSCOW and AMSTERDAM, July 23, 2020 (GLOBE NEWSWIRE) — Yandex (NASDAQ and MOEX: YNDX) and Sberbank announced that they have completed the reorganization of their Joint Ventures – Yandex.Market and Yandex.Money. Yandex now owns 100% of Yandex.Market, with an equity incentive pool set aside for Yandex.Market management. In addition, Yandex has exited the Yandex.Money Joint Venture. As a result, any financial services non-compete obligations between Yandex and Sberbank are now terminated. A… Source link
Read More »Yandex (YNDX) Q2 Earnings Expected to Decline
Wall Street expects a year-over-year decline in earnings on lower revenues when Yandex (YNDX) reports results for the quarter ended June 2020. While this widely-known consensus outlook is important in gauging the company’s earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates. The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on July… Source link
Read More »Earnings Preview: Yandex (YNDX) Q2 Earnings Expected to Decline – July 21, 2020
Wall Street expects a year-over-year decline in earnings on lower revenues when Yandex (YNDX – Free Report) reports results for the quarter ended June 2020. While this widely-known consensus outlook is important in gauging the company’s earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates. The stock might move higher if these key numbers top expectations in the upcoming earnings report,… Source link
Read More »Annulment of Yandex brand protection challenged in Russia’s IP Court
17:37 20/07/2020 MOSCOW, July 20 (RAPSI) – Yandex company filed an application against Russia’s Federal Service for Intellectual Property (Rospatent) which had invalidated legal protection of Yandex Afisha brand, according to the Intellectual Property Court (IP Court). In April, the Chamber for Patent Disputes of Russia’s Federal Service for Intellectual Property (Rospatent) met a request of Afisha company, a structure of Rambler Group, seeking to annul legal protection of Yandex… Source link
Read More »bne IntelliNews – Yandex could launch driverless cabs in Moscow in 2024
Sorry, but you have used all your free articles fro this month for bne IntelliNews. Subscribe to continue reading for only $119 per year. Your subscription includes: Full access to the bne daily content on the bne website Digital… Source link
Read More »bne IntelliNews – Yandex could launch driverless cabs in Moscow in 2024
Sorry, but you have used all your free articles fro this month for bne IntelliNews. Subscribe to continue reading for only $119 per year. Your subscription includes: Full access to the bne daily content on the bne website Digital… Source link
Read More »Google, GrammarSoft, Yandex, Microsoft, Babylon Software – Cole of Duty
The prime objective of Machine Translation Software Market report is to help the user understand the market in terms of its definition, market potential, influential trends, segmentation and the challenges that the market is facing. Deep researches and analysis were done during the preparation of the report. The readers will find this report very helpful in understanding the market in depth. Global Machine Translation Software Market Report begins with a basic outline of the industry which… Source link
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