Yandex is already Russia’s Google — now it’s planning to become Russia’s Amazon

Reuters

• Yandex is a $ 12 billion Russian internet giant that operates the country’s biggest search engine.
• The so-called Google of Russia is now expanding into online shopping.
• There’s a problem though: Barely anyone buys anything online in Russia. Even Amazon only has a tiny presence in the country. 
• But Yandex is well-placed to dominate if it can solve issues around delivery, logistics, and trust.

Yandex, popularly known as Russia’s Google, is working on its own online shopping service that might help it become Russia’s Amazon.

Yandex is Russia’s biggest tech firm, and best known for creating the country’s most popular search engine.

See the rest of the story at Business Insider

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