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YANDEX RUSSIA DIVESTMENT
After months of negotiation, a rare Russian compromise as Yandex changes handsSix months earlier, the purchase of Yandex's Russia-based businesses, which generate more than 95% of revenue, by Russian investors looked ...- Fear of tech 'brain drain' prevents Russia from seizing Yandex for nowYandex's fate has been the subject of much speculation since it announced plans to pursue a corporate restructuring last November, a move t...
- Russia's Yandex fined for refusing to share user information with security servicesSince Moscow invaded Ukraine in February 2022, the search engine Yandex, while not itself under sanctions, has struggled to balance domesti...
- Russia's VTB may pull out of running for internet giant Yandex stake: CEO Andrei KostinOften dubbed "Russia's Google", Yandex is making progress on a corporate restructuring plan that should see it divest ownership and control...
- Russian billionaires in hunt for stakes in Yandex's local assetsVladimir Potanin, CEO and the largest shareholder of metals giant Nornickel, and Vagit Alekperov, cofounder and a major shareholder of oil ...
- Russia's Yandex buys Uber's stake in taxi JV for $703 millionIn 2021, Uber divested its stake in a foodtech and delivery joint venture with Yandex. The companies joined forces in Russia in 2017 to com...
- Putin ally Kudrin accepts tech giant Yandex's offer of advisory roleYandex's Dutch-registered holding company last month said it planned to divest ownership and control of most of Yandex Group, including its...
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