The logo of Russian technology giant Yandex is on display at the company's headquarters in Moscow, Russia December 9, 2022. REUTERS/Evgenia Novozhenina/File PhotoMOSCOW : Russian internet giant Yandex reported a 40 per cent rise in first-quarter revenue to 228.3 billion roubles , driven by growth in e-commerce and ride-hailing, with the market awaiting news on a much anticipated corporate spin-off.
Net profit for the quarter stood at 21.6 billion roubles, while adjusted earnings before interest, tax, depreciation and amortisation, reached 37.6 billion roubles.
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