Yandex has released an official statement stating that it is considering selling its Yandex.Zen and Yandex.News services.
The company is exploring various strategic options, including selling its news aggregation service and Zen infotainment platform. The company intends to focus on developing its other technology businesses and products, including search, advertising, self-driving and cloud technology, as well as transactional services (taxi, e-commerce, video/audio and streaming).
Yandex
This week, information appeared that Yandex plans to sell its Yandex.News and Yandex.Zen services. Later, the head of Yandex.Zen, Anton Frolov, spoke about the reasons for the sale of the platform.
In addition, Tigran Khudaverdyan, the new CEO of Yandex in Russia, was fired a day after his appointment.
Source: ixbt
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