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News

Yandex Is Exploring Strategic Options For News Aggregation Service And Zen

Author: Benzinga Newsdesk | March 18, 2022 11:41am

https://yandex.com/company/press_center/press_releases/2022/2022-03-18

 Yandex N.V., a Netherlands-registered company and one of Europe’s largest internet businesses as well as the leading search and ride-hailing provider in Russia, today confirmed that the company is exploring different strategic options, including divestment, for its news aggregation service and infotainment platform Zen. The company intends to focus on developing its other technology-related businesses and products (including search, advertising, self-driving and cloud) and transactional services (including ride-hailing, e-commerce, video/audio and streaming), among others.

Posted In: YNDX