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.