Yandex plans to sell Yandex.Zen and Yandex.News

Yandex is a blogging platform Yandex.Zen and Yandex. Novosti has confirmed plans to sell the news aggregator. "The company intends to focus on the development of its other technology services (including search, advertising business, drones and cloud technologies) and transactional services (taxi, e-commerce, media services)," Yandex said.

Yandex is exploring “various strategic options, including sales,” but cannot guarantee sales, as the deal could be affected by “macroeconomic and geopolitical events” affecting the Russian economy and business.

Information about Yandex:

Yandex was founded on September 23. On this day in 1997, the system was first demonstrated at an exhibition in Moscow.

The word "Yandex" appeared before the official creation of Yandex. The name was invented in 1993 by Arkady Volozh and Ilya Segalovich, who originally meant search technology on a personal server, not a company or search engine.

The first Yandex design was created at an angle and had a curved appearance. It was hard to even scan it comfortably.

In 2000, Yandex was the first Russian online business to launch a TV commercial, and the phrase "Everything will be found!" The phrase later became the company’s motto.