Yandex Board of Directors decided to increase the authorized capital by placing up to 4.1 million ordinary shares by closed subscription in favor of ESOP SPV LLC, which operates the employee motivation program. Total number of outstanding shares will be calculated based on employee statements about the exercise of options. Maximum volume of the placement can...

IT company Yandex is buying a business management platform in the service sector DIKIDI. It allows you to record clients online, manage work schedules, and automate business processes. After the deal closes, DIKIDI will retain its brand and team.

IT company Yandex may sell Avto.ru service. Negotiations on the sale of the asset have been underway since the beginning of the year, and the range of potential buyers includes Sber, T-Bank and Avito, sources told Kommersant. The transaction amount may amount to ₽20-25 billion, which corresponds to 6-10 EBITDA.

IT company Yandex has launched a b2b rental of electric bicycles of its own design, Yandex.Bike, for couriers from third-party companies. Ozon fresh became the first partner. Company rented 1,000 Yandex.Bikes to work as couriers for the fast delivery of fresh food in Moscow.