August 20, 2014

Yandex Announces Closing of Acquisition

MOSCOW and AMSTERDAM, Aug. 20, 2014 (GLOBE NEWSWIRE) -- Yandex (Nasdaq:YNDX) today announced that it has completed the previously announced acquisition of, one of the leading online auto classifieds businesses in Russia, for approximately US$175 million in cash.

Yandex will continue to develop the functionality of, which will remain available at its familiar web address,

About Yandex

Yandex (Nasdaq:YNDX) is one of the largest internet companies in Europe, providing a wide variety of search and other online services. Yandex's mission is to help users solve their everyday problems by building people-centric products and services. Based on innovative technologies, the company provides the most relevant, locally tailored experience on all digital platforms and devices. Yandex is the leading search service in Russia and also serves Ukraine, Belarus and Kazakhstan and Turkey. More information about Yandex can be found at

CONTACT: Investor Relations

         Greg Abovsky, Katya Zhukova

         Phone: +7 495 974-35-38



         Media Relations

         Ochir Mandzhikov, Vladimir Isaev

         Phone: +7 495 739-7000


Close window | Back to top

Copyright 2018 Yandex