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How does it benefit from the war? I had the impression that they were caught in a pretty bad situation due to their outstanding debts and their suspension from
by mardifoufs 5y ago
How does it benefit from the war? I had the impression that they were caught in a pretty bad situation due to their outstanding debts and their suspension from nasdaq so that's very surprising!
- machinekob 5y agoProbably cause all of the other cloud providers are limiting operations in Russia
- gaploid 5y agoI believe cloud revenue in Yandex structure is quite low and main business in search/ads
- euos 5y agoIt is not about revenue. They are basically state corporation.
- vasilia 5y agoSearch/ads and ride/delivery services. As you may know Yandex has very advanced SDC system which was used(SDC robots) by Grubhub in Arizona University. They have delivery services in London/Paris and taxi services in Insrael and couple European countries. As for the Russia I found news(in Russian) that McDonalds was huge part of orders in delivery service. Ads system fully broken because of Google suspension. Without concurents average prices will rise exponentially. Small business will not be able to buy ads and will closed in near feature.
- petercooper 5y agoI don't know if it's much of a benefit, but as an outsider, I assume Yandex will essentially pick up the entirety of the Russian market for search, maps, and other tools if US services are blocked or frowned upon?
- coolspot 5y agoSearch and maps was already theirs. However they got chance to expand in Yandex Phone space (replacing iPhones/Androids) and perhaps in desktop OS space (replacing Chromebooks and maybe Windows).
- blep-arsh 5y agoAdvertising, for example, is a significant revenue stream for Yandex and the advertising market has lost a lot of businesses, so it's possible that the entire Russian ad market is now worth less than whatever the Yandex' share was back in February.
- euos 5y agoThey are basically "google of Russia" - main search engine, browser, etc. Waiting till Russia cuts off YouTube and the rest. They basically adopt western open-source for Russian government (review and such). Their browser is Chromium, machine learning is Tensor Flow, etc. They also work in cybersecurity for Russian government (including conducting attacks).
- blep-arsh 5y ago> They also work in cybersecurity for Russian government (including conducting attacks) Is there a source for that?