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Yandex denied information about its own division

Yandex told Interfax that the company is not considering its own division into Russian and international businesses. “There are no plans to split the company,” a Yandex spokesman said in response to a relevant request.

The parent company Yandex NV is registered in the Netherlands. The company’s transportation direction has the international brand Yango, which provides taxi transportation and fast delivery of products in a number.

Yandex denied information about its own division

Earlier, information appeared in the media that Yandex allegedly plans to split into a Russian and an international company, while the international Yandex can get a new brand and name. It was reported that the office will move to Yerevan, where many IT specialists from Russia have moved.

Earlier it was reported that Yandex suspended investments at home and abroad, and also withdrew its forecast for 2022.

Source: ixbt

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