Russian corporate giants Yandex and Sberbank finalized the terms of their long-awaited ‘divorce’ late June, in a major shake-up for the country’s technology, e-commerce and online payments scenes.
The breakup came with tech goliath Yandex and Russia’s largest bank, state-controlled Sberbank, announcing an agreement “to reorganize their two joint ventures” — Yandex Market and Yandex Money. Yandex will get full ownership of e-commerce platform Yandex Market, while…
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