MOSCOW (Reuters) – Russian internet group Yandex on Thursday signed an agreement with state-owned VTB Bank and other partners to produce servers in an effort to tap into Russia’s growing market for server hardware, the company said.
Often described as Russia’s Google, Yandex offers a raft of services, from advertising and search to ride-hailing and food delivery. On Monday Yandex bought a fashion retailer to expand its e-commerce activities.
Yandex said it would set up a joint…
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