With IPO plans promoted, Leonid Goldort found a buyer for his stake in SDEK: the main thing on April 26

World

• Alphabet will pay its first dividend of $0.20 per share. Google’s parent company allowed the payment of quarterly dividends in the future if the decision is approved by the board of directors.

Finance and Investments

• MTS Bank held an initial public offering and announced the start of trading of ordinary shares on the Moscow Stock Exchange under the symbol MBNK. The placement was carried out at the upper limit of the price range: the cost of one share was 2.5 thousand rubles. The final placement volume reached 11.5 billion rubles; The market capitalization of the bank at the beginning of trading will be approximately 86.6 billion rubles.
• Biotech company Promomed plans to hold an initial public offering (IPO) before the end of the year. He wants to raise about 10 billion rubles.

• The Bank of Russia kept the key interest rate at 16% for the third time in a row. Inflationary pressure remains quite high, explained the Central Bank. Prior to this, the Bank of Russia raised the rate from 15% to 16% in December 2023.

• NeuroArtist, a startup of students from Innopolis University, attracted an investment of 10 million rubles from the Daily Challenge fund. The service creates images based on a set of parameters without the need to enter a text query. The funds received will be used to enter the international market and expand the team.

Business

• MKPAO “Yandex”, the future holding company of the Russian assets of the Internet company, announced unaudited financial results for the first quarter of 2024: the company’s revenue increased by 40% to 228.3 billion rubles, the net profit, up 47%, to 19.4 billion rubles

• The FAS issued a warning to Ozon for forcing sellers to participate in the “Points for Discounts” service. It is reported that, in addition to imposing participation, the market “unjustifiably refused to enter into contracts.”
• Wildberries started awarding points for reviews. The functionality is currently in the testing stage. The company hopes that the “Points for Reviews” tool will help sellers receive more product ratings and reviews, and buyers will receive bonus rubles.
• The court satisfied the claim of the Federal Tax Service against one of the IKEA structures, Torg LLC, for 12.9 billion rubles.
• The founder and CEO of the logistics operator SDEK, Leonid Goldort, has found a buyer for his stake in the company.
• Revenue from the top 100 educational services in the first quarter grew by more than 20%, up to 33 billion rubles.

• Delimobil increased its vehicle fleet by 34%, up to 26.8 thousand vehicles in the first quarter of the year. The number of minutes sold increased by 35%, to 421 million. The total number of registered users at the end of March amounted to 9.9 million people.

• The court approved a settlement agreement between Azbuka Vkusa (City Supermark LLC) CEO Denis Sologub and Cypriot holding company Demanor Investments in the case of suspension of corporate rights. In March, the retailer was included in the list of economically important organizations. Previously, Sologub, in connection with the inclusion of the retailer in the list of economically significant organizations, requested the suspension of the corporate rights of the Cypriot structure in relation to the Russian subsidiary.

Services and technologies

• The text of an ad on Avito can be written using a neural network, the company reported.
• Telegram announced 17 innovations in Messenger for April 2024: the “My Profile” section appeared, unlimited geolocation streaming, management of reactions in channels, user photos when sending messages and more.
• In 2023, the number of false bank applications increased by 25% compared to the previous year. This is a constant trend after the ban on official products.

• VTB and the Russian Export Center launched a b2b payment service through SBP. The company became the bank’s first major client to use payments through this system. Funds are credited to the account almost instantly, says VTB.