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Yandex changes business in France, UK, closes delivery in those countries

It is reported that Yandex is experienced in managing delivery from 450 dark stores

MOSCOW, August 9. /TASS/. Yandex has changed its business model on the French and British markets, closing the quick delivery service in those countries and creating a new line, Yango Deli Tech, which provides solutions to third-party firms, a source in the press service of the company told TASS on Tuesday.

"We have changed the model on some markets, including France and the UK. Now we offer B2B solutions to third-party companies operating in Q-commerce, e-commerce and traditional retail segments. For doing this a separate line of international business, Yango Deli Tech, which is focused on sale of technologies, has been created," a company representative said.

Yandex is experienced in managing delivery from dark stores, the press service said, adding that there are 450 of them. Moreover, the company has its own technologies that have been tested on various markets, including foreign ones. "We suggest that our potential partners set up and optimize all processes," the company said.

Entities in the CIS and Middle East are interested in Yandex’s technologies, according to the source. "Apart from that our teams continue developing the chain of own dark stores in Israel and in the Russian Federation," the source noted.

Earlier, Forbes said Yandex had scaled down the work of food express delivery services in Europe. The company is liquidating its French subsidiary, whereas its food delivery business in the UK is being closed as the company failed to find a purchaser, according to the publication. Yandex’s possible withdrawal from the European market was reported in March 2022.

Anti-Russian sanctions

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Russia uses aerial bombs to destroy Ukrainian positions near DPR’s Konstantinovka — source

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Ukraine should consider territorial concessions to Russia in return for peace — magazine

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Kremlin clarifies notification process for Oreshnik missile launch

"An automated warning was sent 30 minutes before the launch," Dmitry Peskov said

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Igor Kimakovsky said that "if the West is not physically involved in this war, that is, if NATO is not involved, then Ukraine is actually losing"

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Ukrainian frontline may 'collapse' under onslaught of Russian forces — BBC

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IN BRIEF: What Putin said about Russia’s new missile, and Moscow’s response to the West

Moscow used its new Oreshnik medium-range hypersonic ballistic missile in response to the West’s decision to authorize strategic-depth strikes on Russia

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Russia to hold informal UN Security Council meeting on unilateral restrictions

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Japanese government refrains from commenting on Russia’s latest hypersonic missile

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NATO enters conflict, Russia has every right to attack its targets now — expert

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Trump seeks to restore peace in entire world — transition team on Putin’s address

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Russia entitled to use weapons against military sites of states attacking it — Duma

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German chancellor reiterates decision not to send Taurus missiles to Ukraine

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Ukraine was warned about possible missile strike — Pentagon

Department of Defense Deputy Press Secretary Sabrina Singh gave no answer to the question of how could Ukraine prepare for this kind of attack

Press review: Russia fires missile at Ukraine plant and Biden forgives Kiev $4.65 bln debt

Top stories from the Russian press on Friday, November 22nd

Russian troops destroy Ukrainian fortification in LPR’s Makeyevka, strengthen positions

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US journalist calls US President Joe Biden’s government 'the fascist state'

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US administration chooses to escalate Ukraine conflict — Kremlin

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White House not yet ready to speak on causes of Baltic undersea cable ruptures

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US admiral says Washington should be ready for talks with Russia, China

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