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Yandex Reports Record $12.3 Bln Revenue in 2024

The company’s revenues grew by 37% compared to 2023, while adjusted net profit jumped by 94% to $1.1 billion.

Yandex Users Flooded With Russian Army Recruitment Ads in 2024

Russia’s top search engine displayed more than 1 billion military recruitment ads last year.

Driver Shortage May Fuel Taxi Rate Hike, Yandex Warns

Dozens of regions in Russia have banned migrants from working as taxi drivers following the deadly concert hall attack near Moscow in March.

Rebranded Yandex Launches AI Venture in Europe After Russia Exit

Yandex co-founder Arkady Volozh said he hopes Nebius “will become one of the largest AI infrastructure companies in the world, certainly in Europe.”...

Yandex Parent Company Fully Divests from Russia

The $2.8 billion sale of a 28% stake completes the Amsterdam-based Yandex NV’s exit from Russia.

Yandex NV Says Completed First Phase of Russian Divestment

The Netherlands-based parent company of the Yandex Group said it sold about 68% of its Russian assets in the initial transaction closing.

EU Lifts Sanctions on Yandex Co-Founder Volozh

The billionaire had petitioned for sanctions relief after he became one of the few members of the Russian elite to criticize the war.

Yandex Co-Founder Volozh to Be Relieved of EU Sanctions – Reuters

In August 2023, his lawyers petitioned the EU for sanctions relief after he became one of the few members of the Russian elite to criticize the war.

Yandex NV Strikes $5.2Bln Deal With Russian Investors

The buyer, an investment fund called Consortium.First, includes Russian companies and investment funds that are not under Western sanctions.

Tech Giant Yandex Gets New Russian Owner Ahead of Restructuring

MKAO Yandex was registered last month in a Kaliningrad region offshore zone.

Netherlands Probes Yandex Taxi App Over Fears of FSB Data Sharing – Bloomberg

Yango said it was in talks with the Dutch Data Protection Agency to show its adherence to Europe’s data protection rules.

Russia Revises Yandex Partition Terms Over Founder’s Anti-War Stance – Reports

Russia’s commission on foreign investment cut Yandex N.V.’s payout to around $70-80 million, less than half the initial offer of $250 million.

opinion Farida Rustamova and Maxim Tovkaylo

One Question for Arkady Volozh and Other Russian Billionaires

Who will deal with what is happening inside Russia? This is a question posed not only for Volozh to answer, but for all Russian businessmen.

Yandex Co-Founder Arkady Volozh Condemns 'Barbaric' War in Ukraine

The sanctioned tech billionaire has spoken out nearly a year and a half after the Kremlin sent troops into Ukraine.

Russian Tech Giant Yandex Seeks New ‘Middlemen’ Buyers for Kremlin Handover – Reports

The search follows a breakdown of Yandex’s Dutch-registered holding company’s previous talks to sell its revenue-generating businesses and fully exit...

Yandex General Director Accused of Violating ‘LGBT Propaganda’ Ban

The case against Artyom Savinovsky is linked to his ongoing work at streaming service Kinopoisk, which has been fined for violating the "LGBT propaganda"...

Russia Fines Tech Giant Yandex 2M Rubles

The company was found guilty of repeatedly refusing to hand over its user data to the Federal Security Service.

Putin Signs Off on Sanctioned Tycoons’ Shared Yandex Stake – Reports

Russia’s richest man Vladimir Potanin, oil tycoon Vagit Alekperov, steel magnate Alexei Mordashov and VTB Bank will take on the majority stake.

Amsterdam Court Rejects Sanctioned Yandex Founder’s Appeal Against Mansion Squatters

Arkady Volozh has been fighting to evict a group of squatters from his 3.4-million-euro mansion in central Amsterdam for months.

Russian Billionaires Line Up to Buy Yandex – Reports

Oil magnate Vagit Alekperov and steel tycoon Alexei Mordashov were shortlisted as Yandex’s likely buyers.

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