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Comment by thriftwy

2 years ago

More like Alphabet selling off its Google and downscaling two orders of magnitude.

Don't think it will get the cash, it probably has obligations for almost every cent, so this would be a virtual deal mostly.

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thriftwy

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rat9988  2 years ago

It has nothing to do with google and alphabet. Apart from being a good search engine and a competitor within the same space.

  • vlovich123  2 years ago

    OP is describing it as an analogy of what the equivalent action by Alphabet would be and it’s pretty accurate - Yandex search remains in Moscow while the rest of Yandex operations (eg cloud) remains in the EU.

    • thriftwy  2 years ago

      95% of what Yandex N.V. owns is ООО Яндекс business in Russia. I don't even believe they are keeping Yandex assets in Belarus and Kazakhstan. So that becomes a box that is mostly empty.

      I don't believe anybody is going to pay for actual Yandex Cloud in Europe where they have AWS and Hetzner.

      So even Russia-based Yandex Cloud with actual racks and users remains in Moscow. What they may keep is vague "cloud technologies" and Clickhouse. Still, these are not a large business. Think VMWare and MongoDB combined. Please correct me if you know more.

      Their self-driving stuff, was also mostly used in Moscow. Genuinely hope they would find customers, such as Hyundai.

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