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YNDX (Yandex N.V.) is no longer actively trading.
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YNDX does not currently pay a dividend.
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Yandex N.V. is a prominent technology firm that engineers sophisticated products and services. These offerings are powered by cutting-edge machine learning and other advanced technologies, designed to assist both individual users and enterprises in navigating the complexities of the digital and physical worlds. The company's operations are segmented into several key areas: its foundational Search and Portal division, its ride-hailing (Taxi) services, its e-commerce platform (Yandex.Market), Media Services, Classifieds, and a collection of emerging business units and strategic initiatives…
Yandex NV (NASDAQ:YNDX), often dubbed "Russia's Google," announced the sale of its operations in the European country for around US$5.2 billion cash-and-share transaction. The tech giant, which is listed on the Nasdaq and headquartered in the Netherlands, is selling to Russian investors but is expected to spin off some of its international operations first.
A $5.2 billion cash and share deal to sell the key Russian assets of technology group Yandex , often labelled as "Russia's Google", to a consortium of Russian investors was announced on Monday after months of negotiations.
Nasdaq-listed technology company Yandex NV on Monday said it had agreed a 475-billion-rouble ($5.21 billion) cash and shares deal to sell its Russian assets to a consortium of Russian investors, including a fund ultimately owned by oil major Lukoil.
MOSCOW, Dec 25 (Reuters) - The completion of Nasdaq-listed Russian tech company Yandex's (YNDX.O) restructuring is expected to be postponed until early 2024, three sources familiar with the negotiations told Reuters on Monday.
The Kremlin's fear of a serious tech brain drain is the main factor preventing Moscow from nationalising Nasdaq-listed Yandex , often dubbed "Russia's Google", four people with knowledge of the company's divestment plans told Reuters.