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June 16, 2014 02:40 pm GMT
Yandex, the search engine often called the Google of Russia,announced another acquisition today that will extend its business into another vertical: it’s buying Auto.ru, an online classifieds business for selling cars, for $175 million in cash. This will add to Yandex’s existing effortsin the automotive sector, where it has a portal aggregating classified listings across a… Read More
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/ljhwKfhL1f8/
Yandex Acquires Auto.Ru For $175M Adding Car Classifieds To Its Search Business
Yandex, the search engine often called the Google of Russia,announced another acquisition today that will extend its business into another vertical: it’s buying Auto.ru, an online classifieds business for selling cars, for $175 million in cash. This will add to Yandex’s existing effortsin the automotive sector, where it has a portal aggregating classified listings across a… Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/ljhwKfhL1f8/
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