- 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.
For further details see:
Yandex: E-Commerce Will Drive Growth