Yandex, the so-called ‘Google of Russia’, has announced it has agreed to buy online fashion retailer KupiVIP. The deal will be completed after the summer.
Yandex will buy and then integrate online clothing store KupiVIP into Yandex.Market, the company said in a statement Monday. The deal should be completed in the third quarter of this year, once it gets approval of the Federal Antimonopoly Service, Yandex said.
According to the statement, the deal will allow Yandex.Market to…
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