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Stock Market & Financial Investment News

News Breaks
December 19, 2012
09:17 EDTYNDXYandex and Sberbank form joint venture for electronic money solutions
Yandex and Sberbank of Russia announced a strategic partnership in the area of e-money, through the establishment of a joint venture on the Yandex.Money platform. Yandex and Sberbank plan to be at the forefront of developing innovative online retail payment solutions by combining Sberbank's banking expertise and Yandex's internet technologies. Sberbank and Yandex will form a joint venture through the acquisition by Sberbank of a 75% interest in the charter capital of Yandex.Money for $60M, with Yandex retaining a blocking interest in the JV.
News For YNDX From The Last 14 Days
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July 30, 2015
06:23 EDTYNDXYandex reports Q2 adjusted net income RUR 2.8B
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July 24, 2015
13:25 EDTYNDXYandex volatility elevated into Q2 and outlook
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