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Feb 6, 2024 · The to-be-sold assets, which include search, advertising, ride-hailing, e-commerce, and entertainment services, reportedly generated 95 percent of the total revenue of Yandex from January to ...
Feb 5, 2024 · The $5.2 billion deal is a significantly lower price than Yandex's ultimate value - its market capitalisation briefly approached $30 billion in 2021 - but would be one of the largest deals...
Yandex LLC (Russian: Яндекс, romanized: Yandeks, IPA: [ˈjandəks]) is a Russian multinational technology company providing Internet -related products and services, including an Internet search engine called Yandex Search, cloud computing, information services, e-commerce, transportation, maps and navigation, mobile applications, and online advert...
The $5.2bn deal is believed to be significantly lower than Yandex's market value, which was worth around $30bn in 2021. Despite its nickname of 'Russia's Google', Yandex has no ties to the US...
Feb 5, 2024 · The $5.2 billion deal is a significantly lower price than Yandex's ultimate value - its market capitalisation briefly approached $30 billion in 2021 - but would be one of the largest deals...
Feb 5, 2024 · The Dutch parent of pioneering Russian tech company Yandex is selling its operations in the country at a steeply discounted price of $5.2 billion to its Russia-based managers and oil company Lukoil. It’s one of the priciest deals for a Western company to exit Russia since the invasion of Ukraine.
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Feb 5, 2024 · The $5.2 billion deal is a significantly lower price than Yandex’s ultimate value – its market capitalisation briefly approached $30 billion in 2021 – but would be one of the largest deals since the war began.