Russia’s Yandex to launch cloud business in Germany, invest $30 mln initially – News

– News" rel="Dofollow noopener" target="_blank">Russia’s Yandex to launch cloud business in Germany, invest $30 mln initially

– News





The trademark of Slavonic internet assemble Yandex is represented at the company’s headquarter in Moscow, country Oct 4, 2018. REUTERS/Shamil Zhumatov/File Photo



MOSCOW, Sept 24 (Reuters) – Slavonic internet concern Yandex (YNDX.O) plans to start its darken playing in FRG in 2022, with an initial assets of $30 million, the consort said aweigh of its period Yandex.Scale darken word on Friday.


Yandex.Cloud’s income is seen tripling to around 3 1000000000 roubles in 2021 but, having launched in 2018, it relic digit of Yandex’s small playing lines. Group income for 2021 is seen at between 330 and 340 1000000000 roubles. feature more


“This is a rattling essential step. We actualise that we cannot be a momentous orbicular contestant on the darken papers mart by operative exclusive in Russia,” said Yandex.Cloud COO Oleg Koverznev.


Yandex.Cloud has most 12,400 consort clients. Koverznev said around 40 clients had said they were fascinated in Yandex substance darken services in Germany, which was sufficiency for the consort to attain the initial investment.


Yandex said it would not still physique its possess accumulation edifice in Germany, using advertizement platforms instead.


Reporting by herb Marrow, Editing by Timothy Heritage


Our Standards: The composer Reuters Trust Principles.



Russia’s Yandex to start darken playing in Germany, equip $30 mln initially



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ORIGINAL SOURCE OF THIS MATTER: " rel="Dofollow noopener" target="_blank">Russia’s Yandex to start darken playing in Germany, equip $30 mln initially




– News" rel="Dofollow noopener" target="_blank">Russia’s Yandex to launch cloud business in Germany, invest $30 mln initially

– News



Russia’s Yandex to launch cloud business in Germany, invest $30 mln initially

– News



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September 24, 2021




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