Recent Quotes View Full List My Watchlist Create Watchlist Indicators DJI Nasdaq Composite SPX Gold Crude Oil EL&P Market Index Markets Stocks ETFs Tools Overview News Currencies International Treasuries Yandex Announces Completion of News and Zen Divestment and Acquisition of Delivery Club By: ACCESSWIRE September 12, 2022 at 05:50 AM EDT MOSCOW, RUSSUA, AMSTERDAM, THE NETHERLANDS / ACCESSWIRE / September 12, 2022 / Yandex N.V., a Dutch public limited company, today announced that its Russian operating subsidiary has completed the sale of the news aggregation platform and Zen infotainment service to VK, as well as the acquisition of 100% of the food delivery service Delivery Club. The transaction has received approval from the Federal Antimonopoly Service.Delivery Club will become a part of Yandex's E-commerce, Mobility and Delivery segment and, as of today, will be consolidated in the group's financial results. The changes will be reflected in Yandex's third quarter financial results.About YandexYandex (NASDAQ:YNDX)(MOEX:YNDX) is a technology company registered in the Netherlands that builds intelligent products and services powered by machine learning. Our goal is to help consumers and businesses better navigate the online and offline world. Since 1997, we have delivered world-class, locally relevant search and navigation products, while also expanding into e-commerce, online entertainment, cloud computing and other markets to assist millions of consumers in Russia and a number of international markets.More information on Yandex can be found at https://ir.yandex/Contacts:Investor RelationsYulia GerasimovaPhone: +7 495 974-35-38E-mail: askIR@yandex-team.ruPress OfficeIlya GrabovskiyPhone: +7 495 739-70-00E-mail: pr@yandex-team.comSOURCE: Yandex N.V.View source version on accesswire.com: https://www.accesswire.com/715508/Yandex-Announces-Completion-of-News-and-Zen-Divestment-and-Acquisition-of-Delivery-Club Data & News supplied by www.cloudquote.io Stock quotes supplied by Barchart Quotes delayed at least 20 minutes. By accessing this page, you agree to the following Privacy Policy and Terms and Conditions.
Yandex Announces Completion of News and Zen Divestment and Acquisition of Delivery Club By: ACCESSWIRE September 12, 2022 at 05:50 AM EDT MOSCOW, RUSSUA, AMSTERDAM, THE NETHERLANDS / ACCESSWIRE / September 12, 2022 / Yandex N.V., a Dutch public limited company, today announced that its Russian operating subsidiary has completed the sale of the news aggregation platform and Zen infotainment service to VK, as well as the acquisition of 100% of the food delivery service Delivery Club. The transaction has received approval from the Federal Antimonopoly Service.Delivery Club will become a part of Yandex's E-commerce, Mobility and Delivery segment and, as of today, will be consolidated in the group's financial results. The changes will be reflected in Yandex's third quarter financial results.About YandexYandex (NASDAQ:YNDX)(MOEX:YNDX) is a technology company registered in the Netherlands that builds intelligent products and services powered by machine learning. Our goal is to help consumers and businesses better navigate the online and offline world. Since 1997, we have delivered world-class, locally relevant search and navigation products, while also expanding into e-commerce, online entertainment, cloud computing and other markets to assist millions of consumers in Russia and a number of international markets.More information on Yandex can be found at https://ir.yandex/Contacts:Investor RelationsYulia GerasimovaPhone: +7 495 974-35-38E-mail: askIR@yandex-team.ruPress OfficeIlya GrabovskiyPhone: +7 495 739-70-00E-mail: pr@yandex-team.comSOURCE: Yandex N.V.View source version on accesswire.com: https://www.accesswire.com/715508/Yandex-Announces-Completion-of-News-and-Zen-Divestment-and-Acquisition-of-Delivery-Club
MOSCOW, RUSSUA, AMSTERDAM, THE NETHERLANDS / ACCESSWIRE / September 12, 2022 / Yandex N.V., a Dutch public limited company, today announced that its Russian operating subsidiary has completed the sale of the news aggregation platform and Zen infotainment service to VK, as well as the acquisition of 100% of the food delivery service Delivery Club. The transaction has received approval from the Federal Antimonopoly Service.Delivery Club will become a part of Yandex's E-commerce, Mobility and Delivery segment and, as of today, will be consolidated in the group's financial results. The changes will be reflected in Yandex's third quarter financial results.About YandexYandex (NASDAQ:YNDX)(MOEX:YNDX) is a technology company registered in the Netherlands that builds intelligent products and services powered by machine learning. Our goal is to help consumers and businesses better navigate the online and offline world. Since 1997, we have delivered world-class, locally relevant search and navigation products, while also expanding into e-commerce, online entertainment, cloud computing and other markets to assist millions of consumers in Russia and a number of international markets.More information on Yandex can be found at https://ir.yandex/Contacts:Investor RelationsYulia GerasimovaPhone: +7 495 974-35-38E-mail: askIR@yandex-team.ruPress OfficeIlya GrabovskiyPhone: +7 495 739-70-00E-mail: pr@yandex-team.comSOURCE: Yandex N.V.View source version on accesswire.com: https://www.accesswire.com/715508/Yandex-Announces-Completion-of-News-and-Zen-Divestment-and-Acquisition-of-Delivery-Club