Yandex and Sberbank will complete the partnership in joint projects. The IT company will get Yandex.Market, the bank - Yandex.Money. The new shareholders of Yandex will be the structure of VTB and Roman Abramovich.
President Vladimir Putin has to appear in public with some subject, as visitors to the Chinese IT giant Alibaba begin to look for exactly the same.
The deal will combine the competencies of the participants.
President of Sberbank spoke about the prospects for the development of the bank's business in the context of international sanctions and stagnation of the Russian economy.
Sberbank closed the deal with Yandex.Market.
They will create a joint venture on the basis of Yandex.Market.