Yandex May Sell or Shut Some Units As Sanctions Bite

Yandex (YNDX) is trying to adjust as Russian companies continue to grapple with many problems because of sanctions on the country over its war with Ukraine. Yandex is considering shutting its grocery delivery business in France and selling its operations in the UK, according to a Bloomberg report.

Yandex is Russia’s largest technology company. It offers Google-type internet search engine and other online services. It also provides cloud computing, Uber-like ride-hailing, and food…


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[unable to retrieve full-text content]Insiders Sell, Yandex Plummets. Should You Worry?  AOL Source link

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