Yandex-backed Yango Deli UK resists taking position on Ukraine – The Grocer

UK rapid grocery company Yango Deli – which is owned by Kremlin-linked tech giant Yandex – has resisted repeated calls to speak out against Russia’s invasion of Ukraine.

Russia’s largest technology company – which was banned in Ukraine in 2017 due to security concerns – launched its ultra-fast delivery service in 2019 in Moscow, and soon expanded into Tel Aviv and Paris. The 15-minute app-based grocer arrived in London in October last year.

Yandex – which operates Russia’s second-biggest search engine and ride hailing apps in several countries – is understood to have come under increased Russian government oversight and control in recent years. Shares in NASDAQ-listed Yandex fell by nearly 60% last week, wiping $7bn from its market value.

Asked for its view on Russia’s invasion of Ukraine, Yango Deli UK responded to The Grocer that it was “operated by UK company Deli International Limited and continues to operate locally”.

“We remain dedicated to providing high-quality ultra-fast…

Read Full Story: https://www.thegrocer.co.uk/online/yandex-backed-yango-deli-uk-resists-taking-position-on-ukraine/665138.article

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