Currency converter
^
News Feed
News Search Topics
ОК
Use filter
You can filter your feed,
by choosing only interesting
sections.
Loading

Yandex sells $8.1 million-worth stake in Facebook

April 07, 2014, 12:51 UTC+3
Yandex is a Russian internet company that owns the most popular search engine and web portal in Russia
1 pages in this article
©  EPA/JULIAN STRATENSCHULTE

MOSCOW, April 7. /ITAR-TASS/. Russian internet company Yandex, which operates the largest search engine in Russia, has sold 142,500 shares of the world’s largest social network Facebook, the company’s report says.

The transactions took place in 2013 and 2014. According to the current value of Facebook shares, the transaction value could amount to some $8.1 million.

Yandex is a Russian internet company that owns the most popular search engine and web portal in Russia. The shareholders of the company are founder and CEO Arkady Volozh, Baring Vostok Capital Partners investment company etc. Yandex’s capitalization on Nasdaq amounts to $9.7 billion.

Show more
In other media
Реклама
Реклама