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Russia's Yandex says closes public offering and private placement
Russia's Yandex says Q1 net income down 5% y/y
Russia's Yandex withdraws application to buy taxi rival
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
Founder, Executive Director and Chief Executive Officer
Deputy Chief Executive Officer, Executive Director
G. Gregory Abovsky
Chief Financial Officer, Chief Operating Officer
Head of Investor Relations
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Yandex <YNDX.O> has doubled the size of its new share offering to $400 million, the Russian internet giant said on Thursday, which combined with private placements will raise $1 billion to finance acquisitions and growth.
Russian internet giant Yandex <YNDX.O> is interested in taking full control of its Yandex.Taxi ride-hailing service, a joint venture with Uber <UBER.N> which returned to pre-pandemic growth levels in June.
A tax cut for IT companies in Russia, proposed by President Vladimir Putin, would not have a revolutionary benefit on internet giant Yandex, Chief Financial Officer Greg Abovsky said on Wednesday.
Russian internet giant Yandex is very interested in taking full control of its Yandex.Taxi business and is in active dialogue with Uber which has a stake in the ride-hailing service, its chief financial officer said on Wednesday.
* Yandex's non-compete obligations will be then terminated (Adds details, quotes, context)
Russia's top search engine Yandex said on Tuesday that it would raise $800 million by issuing new shares to finance its future growth.
Russian internet giant Yandex has seen a surge in use of its contactless payments service at petrol stations during the coronavirus pandemic, sparking fears among some station owners of a plunge in business at their shops.
A flotation of Yandex.Taxi, a joint venture between Russia's top search engine Yandex and Uber Technologies Inc, is currently not a priority for the Russian company, its managing director told the Bell news outlet on Wednesday.
Yandex.Taxi, the ride-hailing arm of Russian internet giant Yandex <YNDX.O>, is hoping to remain profitable in the second half of this year despite a sharp drop in sales as coronavirus restrictions keep people across the country at home.
Russian technology company Yandex plans to make free tests for the new coronavirus available to people of all ages in Moscow and its suburbs.
Russian internet firm Yandex is working with local laboratories to offer a new service allowing Moscow's residents to get tested for the novel coronavirus at home during the lockdown, it said on Thursday.
Russian technology giant Yandex wants to launch a worldwide fleet of 'robotaxis' using its driverless car software and thinks this is possible within a few years, the company's head of driverless cars Dmitry Polishchuk told Reuters.
* Russian internet group Yandex has hired former Goldman Sachs director Yulia Gerasimova as Head of Investor Relations, the company said on Tuesday.
Internet company Yandex <YNDX.O>, which reported lower growth in fourth-quarter profit on Friday, is poised to test its driverless cars outside Russia this year.
Russian internet giant Yandex <YNDX.O> said on Wednesday its founder and CEO Arkady Volozh intends to sell a limited number of his shares in the company, a document published by the U.S. Securities and Exchange Commission showed.
Russia's Sberbank <SBER.MM> plans to continue its partnership with Yandex <YNDX.O> even though it has transferred its 'golden share' in the country's leading internet company to another entity, Sberbank's Chief Executive German Gref told Reuters.
Russia's Sberbank plans to continue its partnership with Yandex even though it has transferred its 'golden share' in the country's leading internet company to another entity, Sberbank's Chief Executive German Gref told Reuters.
Shareholders of Yandex, Russia's biggest technology company, approved changes to its corporate governance on Friday to allow a "golden share" to be held by a new entity, to assuage Kremlin fears about potential foreign influence.
Shareholders of Yandex, Russia's biggest technology company, approved changes to its corporate governance on Friday to allow a golden share to be held by a new entity, to assuage Kremlin fears about potential foreign influence.
Changes to the corporate governance structure of Russian internet giant Yandex were approved on Friday, the company said, in a move that should help to limit the state's pressure on the company.
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