Yandex vs. Sberbank: Battle of the Russian Tech and Finance Giants Begins

Yandex and Sberbank’s fight to gain control of Russia’s finance and technology industries is being billed as the corporate showdown of the decade.

“Sberbank versus Yandex: The battle of the super platforms has begun,” declared Russian business daily Vedomosti last week. Novaya Gazeta went further, dubbing it a “war of the ecosystems.”

The clash — which has been brewing in the background for years — took center stage last week when…


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