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MOSCOW, Oct 27 (Reuters) – Russian internet giant Yandex on Wednesday reported an 82% year-on-year drop in third-quarter adjusted net income, in part due to e-commerce investments, but raised its full-year group revenue forecast for a second time.
The rapidly expanding company, which is spending $650 million on an e-commerce drive this year, offers services ranging from advertising to ride-hailing and food delivery.
It now expects group revenue this year of 340-350 billion roubles…
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