YNDX - Yandex: E-Commerce Will Drive Growth

• Yandex is a Russian technology company. Its main business is advertising at various web properties. Another significant source of income is Taxi segment.
• Recently, after changes in the capital, Yandex began to develop its Yandex Market platform. After a short time, the e-commerce segment shows high growth rates.
• E-commerce in Russia is expected to grow rapidly. I believe that Yandex will be able to curb the growth and take a stable place in the industry despite the competition.
• Due to the rapid growth, the e-commerce segment can have a significant impact on Yandex's revenue, especially if the growth of other segments may slow down.

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