FILE PHOTO: The logo of Russian internet group Yandex is pictured at the company’s headquarter in Moscow, Russia October 4, 2018. REUTERS/Shamil Zhumatov/
March 18, 2022
(Reuters) – Russian internet giant Yandex on Friday said it was exploring options, including divestment, for its news aggregation service and its Yandex.Zen content feed and blogging platform.
Nasdaq-listed Yandex, which is facing potential issues in redeeming convertible bonds over a trading suspension of its shares, said the company wanted to focus on developing its other businesses and products.
(Reporting by Reuters)