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Published 22 days ago

Russia's Yandex reports Q1 revenue rise as market awaits spin

Summary by Channel News Asia

MOSCOW : Russian internet giant Yandex reported a 40 per cent rise in first-quarter revenue to 228.3 billion roubles ($2.47 billion), driven by growth in e-commerce and ride-hailing, with the market awaiting news on a much anticipated corporate spin-off. Yandex's Nasdaq-listed and Dutch-registered parent,

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Channel News Asia

Russia's Yandex reports Q1 revenue rise as market awaits spin

MOSCOW : Russian internet giant Yandex reported a 40 per cent rise in first-quarter revenue to 228.3 billion roubles ($2.47 billion), driven by growth in e-commerce and ride-hailing, with the market awaiting news on a much anticipated corporate spin-off. Yandex's Nasdaq-listed and Dutch-registered parent,

22 days ago·Singapore

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