Yandex NV is leaving Russia by selling its assets

Yandex NV is leaving Russia by selling its assets


Previous information has become fully clear today. Yandex NV is exiting Russia by selling its assets.

Having been in the Turkish market for 10 years,Google of Russiabig technology company nicknamed ” Yandex. He decided to close his Türkiye office in 2020 and ended his adventure there. The company, which develops technologies in many fields, made a statement last year. Bans imposed after Russia invaded Ukraine He stated that they were unable to develop technology because of this. The company, whose work in many areas was seriously interrupted, wanted to sever its ties with Russia as much as possible in order to change this. For this, Yandex’s holding company registered in the Netherlands, Yandex NV, was planning to sell most of its businesses in Russia, such as search, e-commerce and application-based taxi hailing, to a local buyer. The New York Times stated that after this step, Yandex N.V. aims to regain access to technologies belonging to western companies / countries and wants to shift its technologies with high future potential to markets outside Russia.

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As far as we learned today, assets in Russia Leaving Russia after being sold for a significant amount of money, such as 5.2 billion dollars. being done or in other words, separation is achieved. Those who want to survive by avoiding sanctions against Russia yandexIn the new period, it aims to be able to do business seamlessly with almost every country and company, especially in autonomous vehicles and cloud technologies. The company, which has high brand awareness, does not want all the work done so far to go to waste.

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