Yandex sells its Russian operations to local executives for $5.2 billion - Best News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/aitesonics.com\/yandex-sells-its-russian-operations-to-local-executives-for-52-billion-131554719\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Yandex sells its Russian operations to local executives for $5.2 billion - Best News\" \/>\n<meta property=\"og:description\" content=\"Yandex, often described as Russia\u2019s Google, has sold its domestic businesses at a knock-down price. Bloomberg reports the search and services giant, now headquartered in the Netherlands, has handed off its Russian operations for 475 billion rubles ($5.2 billion) in cash and shares. The new owners include the management group, as well as Russia\u2019s biggest […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/aitesonics.com\/yandex-sells-its-russian-operations-to-local-executives-for-52-billion-131554719\/\" \/>\n<meta property=\"og:site_name\" content=\"Best News\" \/>\n<meta property=\"article:published_time\" content=\"2024-04-05T06:40:21+00:00\" \/>\n<meta name=\"author\" content=\"FOX NEWS\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"FOX NEWS\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/aitesonics.com\/yandex-sells-its-russian-operations-to-local-executives-for-52-billion-131554719\/\",\"url\":\"https:\/\/aitesonics.com\/yandex-sells-its-russian-operations-to-local-executives-for-52-billion-131554719\/\",\"name\":\"Yandex sells its Russian operations to local executives for $5.2 billion - Best News\",\"isPartOf\":{\"@id\":\"https:\/\/aitesonics.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/aitesonics.com\/yandex-sells-its-russian-operations-to-local-executives-for-52-billion-131554719\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/aitesonics.com\/yandex-sells-its-russian-operations-to-local-executives-for-52-billion-131554719\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/s.yimg.com\/ny\/api\/res\/1.2\/qdKKHlJH6hc2b72_VEvf.g--\/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD03NzI-\/https:\/\/s.yimg.com\/os\/creatr-uploaded-images\/2022-11\/a2e873a0-6ca5-11ed-af39-0258c47c4d1c\",\"datePublished\":\"2024-04-05T06:40:21+00:00\",\"dateModified\":\"2024-04-05T06:40:21+00:00\",\"author\":{\"@id\":\"https:\/\/aitesonics.com\/#\/schema\/person\/f5cf07a6ddf9e6df40835bbfb2fdf373\"},\"breadcrumb\":{\"@id\":\"https:\/\/aitesonics.com\/yandex-sells-its-russian-operations-to-local-executives-for-52-billion-131554719\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/aitesonics.com\/yandex-sells-its-russian-operations-to-local-executives-for-52-billion-131554719\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/aitesonics.com\/yandex-sells-its-russian-operations-to-local-executives-for-52-billion-131554719\/#primaryimage\",\"url\":\"https:\/\/s.yimg.com\/ny\/api\/res\/1.2\/qdKKHlJH6hc2b72_VEvf.g--\/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD03NzI-\/https:\/\/s.yimg.com\/os\/creatr-uploaded-images\/2022-11\/a2e873a0-6ca5-11ed-af39-0258c47c4d1c\",\"contentUrl\":\"https:\/\/s.yimg.com\/ny\/api\/res\/1.2\/qdKKHlJH6hc2b72_VEvf.g--\/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD03NzI-\/https:\/\/s.yimg.com\/os\/creatr-uploaded-images\/2022-11\/a2e873a0-6ca5-11ed-af39-0258c47c4d1c\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/aitesonics.com\/yandex-sells-its-russian-operations-to-local-executives-for-52-billion-131554719\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/aitesonics.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Yandex sells its Russian operations to local executives for $5.2 billion\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/aitesonics.com\/#website\",\"url\":\"https:\/\/aitesonics.com\/\",\"name\":\"HOME\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/aitesonics.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/aitesonics.com\/#\/schema\/person\/f5cf07a6ddf9e6df40835bbfb2fdf373\",\"name\":\"FOX NEWS\",\"sameAs\":[\"http:\/\/aitesonics.com\"],\"url\":\"https:\/\/aitesonics.com\/author\/fox-news\/\"}]}<\/script>\n","yoast_head_json":{"title":"Yandex sells its Russian operations to local executives for $5.2 billion - Best News","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/aitesonics.com\/yandex-sells-its-russian-operations-to-local-executives-for-52-billion-131554719\/","og_locale":"en_US","og_type":"article","og_title":"Yandex sells its Russian operations to local executives for $5.2 billion - Best News","og_description":"Yandex, often described as Russia\u2019s Google, has sold its domestic businesses at a knock-down price. Bloomberg reports the search and services giant, now headquartered in the Netherlands, has handed off its Russian operations for 475 billion rubles ($5.2 billion) in cash and shares. The new owners include the management group, as well as Russia\u2019s biggest […]","og_url":"https:\/\/aitesonics.com\/yandex-sells-its-russian-operations-to-local-executives-for-52-billion-131554719\/","og_site_name":"Best News","article_published_time":"2024-04-05T06:40:21+00:00","author":"FOX NEWS","twitter_card":"summary_large_image","twitter_misc":{"Written by":"FOX NEWS","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/aitesonics.com\/yandex-sells-its-russian-operations-to-local-executives-for-52-billion-131554719\/","url":"https:\/\/aitesonics.com\/yandex-sells-its-russian-operations-to-local-executives-for-52-billion-131554719\/","name":"Yandex sells its Russian operations to local executives for $5.2 billion - Best News","isPartOf":{"@id":"https:\/\/aitesonics.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/aitesonics.com\/yandex-sells-its-russian-operations-to-local-executives-for-52-billion-131554719\/#primaryimage"},"image":{"@id":"https:\/\/aitesonics.com\/yandex-sells-its-russian-operations-to-local-executives-for-52-billion-131554719\/#primaryimage"},"thumbnailUrl":"https:\/\/s.yimg.com\/ny\/api\/res\/1.2\/qdKKHlJH6hc2b72_VEvf.g--\/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD03NzI-\/https:\/\/s.yimg.com\/os\/creatr-uploaded-images\/2022-11\/a2e873a0-6ca5-11ed-af39-0258c47c4d1c","datePublished":"2024-04-05T06:40:21+00:00","dateModified":"2024-04-05T06:40:21+00:00","author":{"@id":"https:\/\/aitesonics.com\/#\/schema\/person\/f5cf07a6ddf9e6df40835bbfb2fdf373"},"breadcrumb":{"@id":"https:\/\/aitesonics.com\/yandex-sells-its-russian-operations-to-local-executives-for-52-billion-131554719\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/aitesonics.com\/yandex-sells-its-russian-operations-to-local-executives-for-52-billion-131554719\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/aitesonics.com\/yandex-sells-its-russian-operations-to-local-executives-for-52-billion-131554719\/#primaryimage","url":"https:\/\/s.yimg.com\/ny\/api\/res\/1.2\/qdKKHlJH6hc2b72_VEvf.g--\/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD03NzI-\/https:\/\/s.yimg.com\/os\/creatr-uploaded-images\/2022-11\/a2e873a0-6ca5-11ed-af39-0258c47c4d1c","contentUrl":"https:\/\/s.yimg.com\/ny\/api\/res\/1.2\/qdKKHlJH6hc2b72_VEvf.g--\/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD03NzI-\/https:\/\/s.yimg.com\/os\/creatr-uploaded-images\/2022-11\/a2e873a0-6ca5-11ed-af39-0258c47c4d1c"},{"@type":"BreadcrumbList","@id":"https:\/\/aitesonics.com\/yandex-sells-its-russian-operations-to-local-executives-for-52-billion-131554719\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/aitesonics.com\/"},{"@type":"ListItem","position":2,"name":"Yandex sells its Russian operations to local executives for $5.2 billion"}]},{"@type":"WebSite","@id":"https:\/\/aitesonics.com\/#website","url":"https:\/\/aitesonics.com\/","name":"HOME","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/aitesonics.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/aitesonics.com\/#\/schema\/person\/f5cf07a6ddf9e6df40835bbfb2fdf373","name":"FOX NEWS","sameAs":["http:\/\/aitesonics.com"],"url":"https:\/\/aitesonics.com\/author\/fox-news\/"}]}},"_links":{"self":[{"href":"https:\/\/aitesonics.com\/wp-json\/wp\/v2\/posts\/1350"}],"collection":[{"href":"https:\/\/aitesonics.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/aitesonics.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/aitesonics.com\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/aitesonics.com\/wp-json\/wp\/v2\/comments?post=1350"}],"version-history":[{"count":0,"href":"https:\/\/aitesonics.com\/wp-json\/wp\/v2\/posts\/1350\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/aitesonics.com\/wp-json\/wp\/v2\/posts\/1350"}],"wp:attachment":[{"href":"https:\/\/aitesonics.com\/wp-json\/wp\/v2\/media?parent=1350"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/aitesonics.com\/wp-json\/wp\/v2\/categories?post=1350"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/aitesonics.com\/wp-json\/wp\/v2\/tags?post=1350"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}

news

{"id":1350,"date":"2024-04-05T06:40:21","date_gmt":"2024-04-05T06:40:21","guid":{"rendered":"https:\/\/aitesonics.com\/yandex-sells-its-russian-operations-to-local-executives-for-52-billion-131554719\/"},"modified":"2024-04-05T06:40:21","modified_gmt":"2024-04-05T06:40:21","slug":"yandex-sells-its-russian-operations-to-local-executives-for-52-billion-131554719","status":"publish","type":"post","link":"https:\/\/aitesonics.com\/yandex-sells-its-russian-operations-to-local-executives-for-52-billion-131554719\/","title":{"rendered":"Yandex sells its Russian operations to local executives for $5.2 billion"},"content":{"rendered":"

Yandex, often described as Russia\u2019s Google, has sold its domestic businesses at a knock-down price. Bloomberg<\/em> reports<\/a> the search and services giant, now headquartered in the Netherlands, has handed off its Russian operations for 475 billion rubles ($5.2 billion) in cash and shares. The new owners include the management group, as well as Russia\u2019s biggest domestic energy company, Lukoil, and Russian businessman and a former executive at Gazprom, Alexander Ryazanov, among others. Now that Yandex has cut ties with Russia, it will be able to grow and partner more freely given the sanctions affecting businesses with Russian ties following the invasion of Ukraine<\/a>.<\/p>\n

Since the war, Yandex<\/a> has faced repercussions such as removal from Nasdaq. Its founder, Arkady Volozh, faced European Union sanctions in the summer of 2022 due to the company reportedly supporting Russian propaganda. The company soon sold its news aggregation service, and Volozh openly condemned the war.<\/p>\n

Reports that Yandex would cut ties with Russia<\/a> first emerged in late 2022. At the time, the company was facing sanction repercussions and was rumored to have no path forward to grow projects without Western technology. However, it took a year and a half of negotiations between Yandex and the Kremlin (a necessary step) for Yandex NV to be allowed to separate from its Russian businesses. The final deal came with at least a 50 percent discount, a customary practice when the Kremlin deems the registered country \u2014 in this case, the Netherlands \u2014 unfriendly.<\/p>\n","protected":false},"excerpt":{"rendered":"