Yandex.Eda

EQS-News: Yandex announces a binding agreement to divest News and Zen services

Retrieved on: 
Tuesday, August 23, 2022

As sole consideration for these assets, Yandex will acquire 100% of the food delivery service Delivery Club.

Key Points: 
  • As sole consideration for these assets, Yandex will acquire 100% of the food delivery service Delivery Club.
  • In line with this strategic focus, ya.ru will become Yandexs main page and the key entry point into Search, Mail and other non-media services.
  • The Yandex app for iOS will continue to work as before, but without News and Zen.
  • Yandex (NASDAQ and MOEX: YNDX) is a technology company registered in the Netherlands that builds intelligent products and services powered by machine learning.

Magnit opens hybrid dark store

Retrieved on: 
Thursday, February 17, 2022

Krasnodar, Russia (February 16, 2022): Magnit PJSC (MOEX and LSE: MGNT; the Company, Magnit), one of Russia's leading retailers, opened a hybrid dark store operating in two formats - as a warehouse for picking online orders and as a brick-and-mortar store for customers.

Key Points: 
  • Krasnodar, Russia (February 16, 2022): Magnit PJSC (MOEX and LSE: MGNT; the Company, Magnit), one of Russia's leading retailers, opened a hybrid dark store operating in two formats - as a warehouse for picking online orders and as a brick-and-mortar store for customers.
  • The dark store has a separate entrance for delivery agents, which enables them to pick up orders directly from the picking area without inconveniencing customers.
  • Customers can choose from a wider assortment compared to a traditional Magnit Convenience store - around 8,000 articles.
  • The hybrid dark store is located in southwestern Moscow (in the Butovo district) and serves the express delivery mission (delivery within one hour).

EQS-News: Yandex Announces Completion of Restructuring of its Taxi Group Assets

Retrieved on: 
Tuesday, December 21, 2021

The restructuring was completed in two stages:

Key Points: 
  • The restructuring was completed in two stages:
    The acquisition by Yandex of Uber's 18.2% interest in Self Driving Group and a 4.5% interest in MLU, which completed in September 2021;
    The acquisition of Uber's interest in the demerged businesses Yandex.Eats, Yandex.Lavka and Yandex.Delivery, which completed on December 21, 2021.
  • Yandex (NASDAQ and MOEX:YNDX) is a technology company 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.
  • Yandex, which has over 30 offices worldwide, has been listed on NASDAQ since 2011 and on Moscow Exchange since 2014.

EQS-News: Yandex to acquire Uber's interest in the FoodTech, Delivery and Self-Driving Businesses; receives a call option to acquire Uber's remaining interest in Mobility businesses

Retrieved on: 
Tuesday, August 31, 2021

Yandex to acquire Uber's interest in the FoodTech, Delivery and Self-Driving Businesses; receives a call option to acquire Uber's remaining interest in Mobility businesses

Key Points: 
  • Yandex to acquire Uber's interest in the FoodTech, Delivery and Self-Driving Businesses; receives a call option to acquire Uber's remaining interest in Mobility businesses
    The issuer is solely responsible for the content of this announcement.
  • This includes:
    approximately 68.3% ownership of Yandex and management in the joint venture; and
    approximately 2.8% reserved for employee equity incentive program of MLU.
  • The newly restructured MLU will continue to focus on mobility businesses, including ride-hailing and car-sharing.
  • The transaction will be implemented in two stages:
    The transaction has been approved by the Boards of Directors of Yandex and Uber.