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Yandex.Factory (Yandex.Start) to Invest in Zenmoney.ru

Files under: News, Tech, Web 2.0
Posted by: admin @ 05:06 [8. 06. 11]

The leading Russian search engine company Yandex, which completed $1.4 billion IPO on NASDAQ in May 2011, has invested in personal finance startup Zenmoney.ru. The investment was made as part of Yandex.Factory (Яндекс.Фабрика) initiative, according to Yandex start-up blog. Zenmoney will have to use Yandex.API for future service development. Founded in early 2010, Zenmoney.ru (Дзенмани.ру) offers [...]

Yandex (YNDX) Shares Close Up 55% at $38.84 Per Share at First Trading Day

Files under: News, Tech, Web 2.0
Posted by: admin @ 00:20 [25. 05. 11]

Yandex completed $1.3 billion IPO on NASDAQ yesterday, on May 24. Its shares (symbol “YNDX“) surged 55% from $25.00 to $38.84 at the first day of trading. More than 70 million Yandex shares changed hands, which is larger than Yandex IPO volume of 52.2 million shares. Yandex IPO underwriters included Morgan Stanley, Deutsche Bank Securities, [...]

Yandex $1.3 Billion IPO Today; Yandex Valued at $8 Billion

Files under: News, Tech
Posted by: admin @ 02:40 [24. 05. 11]

The leading Russian search engine and contextual advertising company Yandex will price its shares at $25 per share at IPO. The IPO will value Yandex at $8 billion. Today, the shares of Yandex will start trading on NASDAQ under the symbol “YNDX“. Yandex will raise $385 million at IPO for potential investments and acquisitions. The [...]