Yandex plans to enter the Middle East Arab market with localized products in the next six months. The company does not yet have search or content services for them. The press service clarified that we are talking about “several products using YandexGPT”, without naming the development, writes Kommersant.
In winter 2022, Yandex launched a delivery route planning service, Yandex Routing, in the United Arab Emirates. At the same time, Direct Cursus Computer Systems Trading was registered in the United Arab Emirates, listed as the publisher of Yandex mobile applications (browser, maps, etc.) and operator of the AppMetrica analytics platform.
Yandex’s parent company, the Dutch Yandex NV, plans to restart its international business under a new name. The approximate date is early 2024.
Russian investors own 20% of Yandex. In the event of an agreement, the Dutch Yandex NV will keep around a third of the Russian business.
After this, the company will establish new international structures that will deal with unmanned vehicles, cloud technologies and the field of online education.
Author:
Karina Pardaeva
Source: RB

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