Tag Archives: YandexMarket

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Add comment 2500)this.value=this.value.substr(0,2500);” onkeydown=”if(this.value.length>2500)this.value=this.value.substr(0,2500);”> 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… Source link

Russia’s leading e-commerce companies have reached critical mass and are in the process of creating a new economy that will shift much of Russia’s GDP into the cloud. In the last months the big three – Ozon, Yandex and Sberbank – have announced plans that accelerate and crystalise their… Source link

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

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

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

MOSCOW and AMSTERDAM, June 24, 2020 (GLOBE NEWSWIRE) — Yandex (NASDAQ and MOEX: YNDX) today announced management will hold a conference call and webcast at 8:00 a.m. U.S. Eastern Time (3:00 p.m. Moscow time, 1:00 p.m. London time) to discuss the transaction and Yandex.Market strategy. Conference Call Wednesday, June 24, 2020 8:00 a.m. U.S. Eastern Time (3:00 p.m. Moscow time, 1:00 p.m. London time) Webcast (recommended option to listen the call) Source link

MOSCOW, June 23, 2020 (GLOBE NEWSWIRE) — Yandex (NASDAQ and MOEX: YNDX), one of Europe’s largest internet companies and the leading search and ride-hailing provider in Russia, announces that it has entered into a binding agreement with Sberbank to reorganize their two Joint Ventures – Yandex.Market and Yandex.Money. As a result of this transaction, Yandex will become the controlling shareholder in Yandex.Market, while simultaneously exiting the Yandex.Money joint venture. Tigran… Source link