Russia's Biggest Tech Company Wants To Cut Ties With The Country: Here's Why

Published on 27 Nov 2022 on Benzinga via Yahoo Finance

Russia's Biggest Tech Company Wants To Cut Ties With The Country: Here's Why

With the ongoing war with Ukraine, Russia's biggest tech company wants to move out of the country. Russia has recently targeted basic infrastructures in Ukraine through a wave of air strikes, causing severe damage in the country.

Often referred to as "Russia's Google," Yandex is Russia's most prominent internet company, widely popular for its search browser and ride-hailing apps.

Read the rest of the article

NASDAQ.YNDX price evolution

Want to become a better investor?

Start tracking your investments with Statfolio

Nebius Group N.V. (NBIS) Resumes Trading, Eyes Rapid Growth in AI Infrastructure...

We recently compiled a list of the 15 AI News Investors Should Not Miss. In this article, we are...

Insider Monkey · via Yahoo Finance 23 Oct 2024

From Yandex's ashes comes Nebius, a 'startup' with plans to be a European AI...

When is a startup not a startup? When it's a public company with 1,300 employees and $2.5 billion...

TechCrunch · via Yahoo Finance 24 Jul 2024

Yandex to sell its remaining Russian businesses for $5.2B -- half its market value

Yandex N.V., the Dutch parent company of the eponymous Russian internet giant, is selling the las...

TechCrunch 7 Feb 2024

Uber Exits Russia, Yandex Procures Uber's Remaining Stake In JV For Hefty Sum

On April 21, Uber Technologies, Inc (NYSE: UBER) consummated the sale of its remaining 29% equity...

Benzinga via Yahoo Finance 27 Apr 2023

Yandex and 4 other Russian tech firms to be delisted from Nasdaq and NYSE

Five Russia-affiliated internet companies are to be formally delisted from U.S. stock exchanges, ...

TechCrunch 16 Mar 2023

Yandex Co-Founder Arkady Volozh Bids Goodbye To Staff

The co-founder of Russian internet giant Yandex N.V. (NASDAQ: YNDX), Arkady Volozh, bid farewell ...

Benzinga via Yahoo Finance 30 Dec 2022

‘Russia’s Google’ wants to sell its Russian businesses and flee the country with its most promising...

After Moscow invaded Ukraine, 'Russia's Google' has decided it can't stay in Russia. Moscow-headq...

Fortune via Yahoo Finance 1 Dec 2022

Russia's Biggest Tech Company Wants To Cut Ties With The Country: Here's Why

With the ongoing war with Ukraine, Russia's biggest tech company wants to move out of the country...

Benzinga via Yahoo Finance 27 Nov 2022

Yandex Seeks Putin's Approval For Business Restructuring: Report

Yandex N.V. (NASDAQ: YNDX), often described as “Russia’s Google,” sought Vladimir Putin’s permiss...

Benzinga via Yahoo Finance 25 Nov 2022

Top 10 Stock Picks of Jesse Ro’s Tiger Legatus Capital

In this article, we shall be going over the top 10 stock picks of Jesse Ro's Tiger Legatus Capita...

Insider Monkey via Yahoo Finance 2 Aug 2022