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Yandex NV (YNDX.OQ)

YNDX.OQ on NASDAQ Stock Exchange Global Select Market

32.05USD
15 Dec 2017
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Latest Key Developments (Source: Significant Developments)

‍Yandex, Sberbank enter into agreement for Yandex.Market joint venture​
Wednesday, 13 Dec 2017 

Dec 13 (Reuters) - Yandex ::‍YANDEX AND SBERBANK ENTER INTO BINDING AGREEMENT FOR YANDEX.MARKET JOINT VENTURE​.SAYS SBERBANK WILL SUBSCRIBE FOR NEW SHARES IN YANDEX.MARKET FOR 30 BILLION RUBLES (APPROXIMATELY $500 MILLION), VALUING IT AT 60 BILLION RUBLES.‍YANDEX.MARKET WILL CONTINUE TO OPERATE UNDER CURRENT MANAGEMENT TEAM LED BY MAXIM GRISHAKOV, ITS CHIEF EXECUTIVE OFFICER​.TRANSACTION ‍IS EXPECTED TO CLOSE IN FIRST HALF OF 2018.TWO PARTNERS WILL OWN EQUAL STAKES IN YANDEX.MARKET​.  Full Article

Russia's Yandex says Alexander Shulgin leaves company
Wednesday, 22 Nov 2017 

Nov 22 (Reuters) - Yandex N.V. says::Greg Abovsky has been appointed Chief Operating Officer of Yandex, effective Dec. 1, 2017..Abovsky will succeed Alexander Shulgin, current COO, who has decided to leave the company..Abovsky will continue acting in his current role as the company's Chief Financial Officer..Arkady Volozh will remain Chief Executive Officer of Yandex N.V. .  Full Article

Yandex announces third quarter 2017 financial results
Tuesday, 24 Oct 2017 

Oct 24 (Reuters) - Yandex NV :Yandex announces third quarter 2017 financial results.Q3 revenue RUB 23.4 billion versus I/B/E/S view RUB 23.45 billion.Yandex - qtrly net income per Class A and Class B share RUB 7.47 ‍​.Yandex - ‍raising revenue growth outlook for calendar year 2017​.Yandex - ‍currently expect ruble-based revenue to grow 22% to 23% for full year 2017​.  Full Article

Yandex launches global partnership program for android handset manufacturers, telecom operators
Wednesday, 12 Oct 2016 

Yandex Nv : Yandex says launch of its global partnership program for android handset manufacturers and telecom operators . Yandex says partners will preinstall its proprietary products, Yandex browser and Yandex launcher .Yandex says first round of Yandex partners includes Fly, Lava, Mobile Telesystems, Multilaser, Posh Mobile, Wileyfox and ZTE.  Full Article

Russia's Yandex raises revenue growth forecast to 19-22 pсt in 2016
Thursday, 28 Jul 2016 

Yandex NV says: Raises 2016 revenue growth forecast to 19-22 percent from 15-19 percent seen previously; . Q2 revenues rise 30 percent year-on-year to 18 billion roubles ($271.6 million); . Q2 net income rises to 2.06 billion roubles from 423 million roubles in Q2 2015; . Q2 adjusted net income up 40 percent year-on-year at 3.9 billion roubles; .Q2 adjusted EBITDA up 40 percent year-on-year to 6.8 billion roubles..  Full Article

Yandex NV gives FY 2016 revenue guidance
Tuesday, 16 Feb 2016 

Yandex NV:Expects ruble-based revenue to grow in range of 12% to 18% in FY 2016 compared with FY 2015.  Full Article

Sberbank CFO says previous talks with Alibaba finished

LONDON, Dec 14 Russian lender Sberbank's talks with Chinese e-commerce giant Alibaba have finished in their current form, the bank's Chief Financial Officer Alexander Morozov said on Thursday.