Yandex Q3 Revenue Rises 32% to 366.1 Billion Roubles
Photo by Vladislav Shevchenko on Unsplash
TL;DR: Reuters reported that Yandex, the top Russian internet company, saw a 32% rise in third-quarter revenue to 366.1 billion roubles. The firm's adjusted EBITDA went up by 43%, and its adjusted net profit increased by 78%, with revenue for the first nine months surpassing 1 trillion roubles.
Key takeaways
- Yandex, Russia's leading internet firm, reported a robust 32% increase in third-quarter revenue, reaching 366
- 1 billion roubles ($4
- 50 billion), according to a Reuters report
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