Yandex looks to expand activities in Israel – Globes

Hit by Western sanctions, the “Russian Google” is trying to enlarge activities outside of Russia, with Israel one of its targets.

The closure of Western social media networks like Facebook, Instagram and Twitter by Russia in retaliation for Western sanctions, following the invasion of Ukraine, creates new business opportunities for Russian media and communications companies like Yandex.

Russia’s biggest email account provider VK is reportedly considering reviving the ICQ chat program, developed in Israel in the 1990s and eventually finding Russian owners in 2010, in order to provide social network services.

On the face of it, Yandex, the ‘Russian Google’ should be benefitting from the vacuum in the market. But due to its international status, with one foot in Russia and the other foot in the West, Yandex is in a more complex situation. One area of hope for Yandex is to expand its activities in Israel, which include the Yango taxi service, Deli food delivery services, Wind electric…

Read Full Story: https://en.globes.co.il/en/article-yandex-looks-to-expand-activities-in-israel-1001406519

The post Yandex looks to expand activities in Israel – Globes first appeared on SEO, Marketing and Social News | OneSEOCompany.com.

source: https://news.oneseocompany.com/2022/03/21/yandex-looks-to-expand-activities-in-israel-globes_2022032116398.html

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