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Russia's Yandex raises 2019 revenue forecast
Yandex Reports Q3 Revenue Of Rub 45 Bln Versus Refinitiv IBES Estimate Of Rub 45.22 Bln
Russia's Yandex.Taxi submits new application to buy Vezet
Yandex N.V. is an Internet and technology company, and operates Internet search engine. The Company's segments include Search and Portal, E-commerce, Taxi, Classifieds and Experimental businesses. The Company's Search and Portal segment offers a range of services in Russia, Ukraine, Belarus and Kazakhstan, among which are search, location-based, personalized and mobile services, that enable the Company's users to find relevant and objective information to communicate and connect over the Internet, from both their desktops and mobile devices. The Company's search engine offers access to a range of information available online. The Company's Yandex.Market gives retailers a platform to reach customers seeking specific retailer, product or price information. As of December 31, 2016, Yandex.Taxi was operating in 46 cities across Russia, Georgia, Armenia, Kazakhstan, Belarus and Ukraine. The Company's Classifieds business unit includes Auto.ru, Yandex.Realty, Yandex.Jobs and Yandex.Travel.
Schiphol Boulevard 165
John W. Boynton
Non-Executive Independent Chairman of the Board
Chief Executive Officer, Principal Founder, Executive Director
Deputy Chief Executive Officer, Executive Director
G. Gregory Abovsky
Chief Financial Officer, Chief Operating Officer
Chief Executive Officer - MLU
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Russian internet giant Yandex has started testing autonomous delivery robots, the latest addition to its technological arsenal, the company said on Thursday.
Russian internet group Yandex raised its 2019 revenue forecast for a third time on Friday after strong third-quarter growth, but its shares fell after an earnings call provided little clarity on its response to a draft foreign ownership law.
* CEO Arkady Volozh remains "extremely committed" to Yandex (Adds detail)
Russian internet firm Yandex will begin testing its driverless cars in the United States next summer, the company said on Wednesday.
Russian internet firm Yandex on Monday released a short video app for fashion and style that it hopes will compete with China's TikTok app.
Russian internet giant Yandex is launching a video streaming service aimed at rivaling Google's YouTube that will allow users to publish videos on its personal recommendation platform Yandex Zen, the company said on Friday.
Yandex <YNDX.O>, a Russian equivalent to Google, said it is considering expanding its fleet of self-driving cars to up to 1,000 within the next two years in order to speed up tests on the fledgling technology.
A draft law proposing to limit foreign ownership in 'significant' Russian technology firms to 20% is not aimed at making its top search engine Yandex state-owned, the lawmaker behind the idea, Anton Gorelkin, said.
The Russian rouble weakened on Monday, while shares in Yandex, known as Russia's Google, fell on concerns that Moscow is considering limiting foreign investors' share in Russia's "significant" internet companies.
* Wants consumers to ditch car ownership & share rides (Adds details, comments)
Russian internet firm Yandex on Friday raised its 2019 revenue growth guidance for a second time after a strong second quarter boosted by its taxi and ride-sharing businesses.
Russia's Sberbank and internet firm Mail.ru said on Thursday they would invest up to 64 billion roubles (£811.7 million) in a new joint platform for taxi services and food, as online sales in the country gather pace.
The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Monday:
Russian internet company Yandex's <YNDX.O> joint venture with Uber <UBER.N> has agreed to buy Russian taxi firm Vezet's core business, further cementing Yandex's role as a major online taxi operator in Russia and neighboring countries.
Russian internet company Yandex NV said on Monday its ride-sharing and food delivery joint venture with Uber Technologies Inc had agreed to buy intellectual property and call centres of Vezet group in Russia.
Hackers working for Western intelligence agencies broke into Russian internet search company Yandex in late 2018, deploying a rare type of malware in an attempt to spy on user accounts, four people with knowledge of the matter told Reuters.
Russia's largest online taxi service Yandex.Taxi is likely to sell new shares in its planned initial public offering (IPO), an executive at its majority shareholder Yandex told Reuters.
The following bids, mergers, acquisitions and disposals were reported by 2030 GMT on Friday:
Oleg Tinkov, the founder and key shareholder in Russia's TCS Group, said on Friday that if his bank were to merge assets with Russian Internet giant Yandex, the united company would be worth over $20 billion.
Oleg Tinkov, the main owner of Russia's TCS group, told Russian Internet giant Yandex's chief executive on Friday that their companies together would be worth more than $20 billion and suggested that they integrate.
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.