Russia’s Yandex in talks to sell news aggregator, content platform Zen

FILE PHOTO: The logo of Russian internet group Yandex is pictured at the company's headquarter in Moscow
FILE PHOTO: The logo of Russian internet group Yandex is pictured at the company's headquarter in Moscow, Russia October 4, 2018. REUTERS/Shamil Zhumatov/

March 18, 2022

(Reuters) – Russian internet giant Yandex on Friday said it was exploring options, including divestment, for its news aggregation service and its Yandex.Zen content feed and blogging platform.

Nasdaq-listed Yandex, which is facing potential issues in redeeming convertible bonds over a trading suspension of its shares, said the company wanted to focus on developing its other businesses and products.

(Reporting by Reuters)