Yandex

World Logistics Automation Markets, 2020-2021 & 2022-2030: Investments in Industry 4.0 Technologies to Aid Labor Shortages

Retrieved on: 
Tuesday, September 6, 2022

North America is expected to dominate the global logistics automation market owing to growth in e-commerce and adoption of automation solutions as a result of labor shortages in the region.

Key Points: 
  • North America is expected to dominate the global logistics automation market owing to growth in e-commerce and adoption of automation solutions as a result of labor shortages in the region.
  • Labor shortages are currently being faced across the globe, which in turn is creating the demand for warehouse automation.
  • Moreover, companies in emerging countries such as China and India, are also adopting automation in warehouse to get ahead of labor shortage.
  • The significant factors impacting the growth of the logistics automation market comprise improved efficiency & workforce safety, growth in e-commerce, adoption of industry 4.0 technologies, and advancements in robotics technologies.

$147.4 Billion Logistics Automation Markets by Component, Application, Organization Size, End-Use Industry - Global Opportunity Analysis and Industry Forecast, 2020-2022 & 2030 - ResearchAndMarkets.com

Retrieved on: 
Monday, September 5, 2022

The "Logistics Automation Market By Component, By Application, By Organization Size, By End-Use Industry: Global Opportunity Analysis and Industry Forecast, 2020-2030" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Logistics Automation Market By Component, By Application, By Organization Size, By End-Use Industry: Global Opportunity Analysis and Industry Forecast, 2020-2030" report has been added to ResearchAndMarkets.com's offering.
  • Logistics automation market was valued at $49.7 billion in 2020, and is estimated to reach $147.4 billion by 2030, growing at a CAGR of 11.9% from 2021 to 2030.
  • Labor shortages are currently being faced across the globe, which in turn is creating the demand for warehouse automation.
  • Based on organization size, the global logistics automation market is segregated into SME, and large enterprises.

EQS-News: Yandex announces a binding agreement to divest News and Zen services

Retrieved on: 
Tuesday, August 23, 2022

As sole consideration for these assets, Yandex will acquire 100% of the food delivery service Delivery Club.

Key Points: 
  • As sole consideration for these assets, Yandex will acquire 100% of the food delivery service Delivery Club.
  • In line with this strategic focus, ya.ru will become Yandexs main page and the key entry point into Search, Mail and other non-media services.
  • The Yandex app for iOS will continue to work as before, but without News and Zen.
  • Yandex (NASDAQ and MOEX: YNDX) is a technology company registered in the Netherlands that builds intelligent products and services powered by machine learning.

VK acquires Zen and News

Retrieved on: 
Tuesday, August 23, 2022

VK and Yandex have signed binding agreements whereby VK is to acquire Zen and News content platforms from Yandex in exchange for the food and grocery delivery service Delivery Club which VK is to consolidate within the framework of the restructuring of O2O Holding, a joint venture between VK and Sber.

Key Points: 
  • VK and Yandex have signed binding agreements whereby VK is to acquire Zen and News content platforms from Yandex in exchange for the food and grocery delivery service Delivery Club which VK is to consolidate within the framework of the restructuring of O2O Holding, a joint venture between VK and Sber.
  • Following completion, VK will receive rights to technologies and trademarks of Zen and News services.
  • While Zen is a unique platform popular with millions of users, already holding a leading market position but with also major development potential.
  • Integration with VK will open up access for Zens content creators to new users as well as new formats.

EQS-News: Yandex Makes Further Purchases of Convertible Notes

Retrieved on: 
Monday, August 15, 2022

On June 23, 2022, Yandex announced that it had purchased and cancelled 92.7% in aggregate principal amount of the Notes, and on June 24, 2022 Yandex purchased and cancelled a further 0.5% in aggregate principal amount of the Notes.

Key Points: 
  • On June 23, 2022, Yandex announced that it had purchased and cancelled 92.7% in aggregate principal amount of the Notes, and on June 24, 2022 Yandex purchased and cancelled a further 0.5% in aggregate principal amount of the Notes.
  • As a result of such purchases and cancellations the aggregate principal amount of Notes outstanding was $84,400,000.
  • The remaining aggregate principal amount of Notes that have not been cancelled and which are not owned by Yandex (the Outstanding Notes) is $35,800,000 or 2.86% in aggregate principal amount of the Notes originally issued.
  • Yandex asks holders of the Outstanding Notes to immediately contact Yandex Investor Relations at the email address indicated below to ensure that such noteholders are included in all future discussions in relation to the Notes.

General marketplaces can beat a recession. Will they?

Retrieved on: 
Wednesday, July 20, 2022

"The pandemic gave millions a shot in the arm --- including many horizontal marketplaces," said Peter M. Zollman of the AIM Group. "E-commerce skyrocketed, transaction services grew, and after an initial squeeze, revenue, traffic and profits all came roaring back.

Key Points: 
  • ALTAMONTE SPRINGS, Fla., July 20, 2022 /PRNewswire/ -- If recession hits, can general marketplaces like Facebook Marketplace, Avito, Craigslist, Gumtree and OLX survive?
  • "The pandemic gave millions a shot in the arm --- including many horizontal marketplaces," said Peter M. Zollman of the AIM Group.
  • Country-by-country analysis lists Top 3 general marketplaces and classified sites in 67 countries, from Argentina to Zimbabwe.
  • The AIM Group provides global business intelligence services for automotive, real estate, recruitment and horizontal marketplaces and classified advertising sites.

EQS-News: Yandex Completes Purchase of 93% of Its Convertible Notes

Retrieved on: 
Thursday, June 23, 2022

Moscow, Amsterdam, June 23, 2022 Yandex N.V. (Yandex), a Dutch public limited company and the parent company of one of Europes largest internet businesses, announced that it has completed its purchase of 92.7% in aggregate principal amount of its $1.25 billion 0.75% Convertible Notes due 2025 (the Notes) pursuant to the Purchase Agreement dated June 15, 2022 (the Purchase Agreement), between Yandex and selling noteholders.

Key Points: 
  • Moscow, Amsterdam, June 23, 2022 Yandex N.V. (Yandex), a Dutch public limited company and the parent company of one of Europes largest internet businesses, announced that it has completed its purchase of 92.7% in aggregate principal amount of its $1.25 billion 0.75% Convertible Notes due 2025 (the Notes) pursuant to the Purchase Agreement dated June 15, 2022 (the Purchase Agreement), between Yandex and selling noteholders.
  • Following the completion of the settlement of such further amount, the total amount purchased will be 93.2% in aggregate principal amount of the Notes.
  • In accordance with the terms and conditions of the Notes, as amended (the Conditions), Yandex has surrendered the purchased Notes to the Principal Paying, Transfer and Conversion Agent for cancellation and such purchased Notes have been cancelled.
  • Yandex asks remaining holders of the Notes to immediately contact Yandex Investor Relations or the financial advisors to Yandex at the respective email addresses indicated below to ensure that such noteholders are included in all future discussions in relation to the Notes.

EQS-News: Yandex Provides Update on Timing of AGM

Retrieved on: 
Wednesday, June 22, 2022

MOSCOW and AMSTERDAM, the Netherlands, June 22, 2022 Yandex (NASDAQ and MOEX: YNDX), one of Europe's largest internet companies, today announced that its 2022 Annual General Meeting of Shareholders (AGM) will be held later this year.

Key Points: 
  • MOSCOW and AMSTERDAM, the Netherlands, June 22, 2022 Yandex (NASDAQ and MOEX: YNDX), one of Europe's largest internet companies, today announced that its 2022 Annual General Meeting of Shareholders (AGM) will be held later this year.
  • The Company issued its audited consolidated financial statements prepared under US GAAP on April 20, 2022, which can be accessed here: Annual Report on Form 20-F .
  • Yandex (NASDAQ and MOEX: YNDX) is a technology company registered in the Netherlands that builds intelligent products and services powered by machine learning.
  • Our goal is to help consumers and businesses better navigate the online and offline world.

EQS-News: Yandex Provides Update on Convertible Notes Purchase Transaction

Retrieved on: 
Monday, June 20, 2022

Moscow, Amsterdam, June 20, 2022 Yandex N.V. (Yandex), a Dutch public limited company and the parent company of one of Europes largest internet businesses, today provided an update in relation to the Purchase Agreement dated June 15, 2022 (the Purchase Agreement), between Yandex and selling holders of its $1.25 billion 0.75% Convertible Notes due 2025 (the Notes).

Key Points: 
  • Moscow, Amsterdam, June 20, 2022 Yandex N.V. (Yandex), a Dutch public limited company and the parent company of one of Europes largest internet businesses, today provided an update in relation to the Purchase Agreement dated June 15, 2022 (the Purchase Agreement), between Yandex and selling holders of its $1.25 billion 0.75% Convertible Notes due 2025 (the Notes).
  • Following execution of the Purchase Agreement between Yandex and the selling holders party thereto (as described in Yandexs announcement of June 16, 2022), additional selling holders have acceded to the Purchase Agreement, as a result of which selling holders have agreed to sell, and Yandex has agreed to purchase, an aggregate principal amount of 93.2% of the Notes pursuant to the Purchase Agreement.
  • Yandex asks holders of the Notes who are not party to the Purchase Agreement to immediately contact Yandex Investor Relations or the financial advisors to Yandex at the respective email addresses indicated below to ensure that such noteholders are included in all future discussions in relation to the Notes.
  • Yandex (NASDAQ and MOEX: YNDX) is a technology company registered in the Netherlands that builds intelligent products and services powered by machine learning.

EQS-News: Yandex Enters Into Agreement to Purchase 84.9% of Its Convertible Notes

Retrieved on: 
Thursday, June 16, 2022

Moscow, Amsterdam, June 16, 2022 Yandex N.V. (Yandex), a Dutch public limited company and the parent company of one of Europes largest internet businesses, has announced that it has entered into an agreement (the Purchase Agreement) with holders of 84.9% in aggregate principal amount of Yandexs $1.25 billion 0.75% Convertible Notes due 2025 (the Notes) for the purchase of such holders Notes by Yandex (the Purchase).

Key Points: 
  • Moscow, Amsterdam, June 16, 2022 Yandex N.V. (Yandex), a Dutch public limited company and the parent company of one of Europes largest internet businesses, has announced that it has entered into an agreement (the Purchase Agreement) with holders of 84.9% in aggregate principal amount of Yandexs $1.25 billion 0.75% Convertible Notes due 2025 (the Notes) for the purchase of such holders Notes by Yandex (the Purchase).
  • The Purchase Agreement, dated June 15, 2022, provides for a purchase price of $140,000 in cash and 957 Yandex Class A shares for each $200,000 in principal amount of Notes purchased (the Purchase Price).
  • The Purchase Agreement is subject to certain conditions precedent, including the agreement of all definitive documentation required to implement the Purchase, all necessary authorisations and government approvals having been obtained for the Purchase and the consummation of the Purchase not conflicting with any applicable law or regulation.
  • Yandex intends to surrender any Notes purchased by it pursuant to the Purchase to the Principal Paying, Transfer and Conversion Agent for the Notes for cancellation in accordance with the terms and conditions of the Notes, as amended (the Conditions).