|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||28.15 - 28.15|
|52 Week Range||12.75 - 28.15|
|Beta (5Y Monthly)||1.11|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Shares in Russian internet giant Yandex have traded near a record high in recent days, buoyed by optimism for technology stocks and ahead of the company's expected inclusion in the MSCI Russia index on Wednesday. Yandex's core advertising business has taken a hit during the COVID-19 pandemic but surging interest in online has allowed other segments of its business to flourish, including food delivery and e-commerce. Analysts said Yandex's inclusion would be the biggest event for the MSCI Russia index in recent history.
Global gaming brand MY.GAMES has announced revenue growth of 46% YoY in the second quarter of 2020 to $152m1. The company reached 700mn registered users globally in Q2, driven by ongoing international expansion. Overall, international revenue for MY.GAMES reached 74%.
AliExpress Russia, an e-commerce venture between Chinese online shopping giant Alibaba and Russian partners, said it was aiming for annual turnover of $10 billion by 2022-2023, up from what analysts estimate is about $6 billion now. Chief Executive Dmitry Sergeev, who did not give details on current turnover, told Reuters the company could consider an initial public offering (IPO) in three to four years, although he called the existing shareholding structure "optimal". The venture between Alibaba, the Russian Direct Investment Fund, mobile operator Megafon and internet firm Mail.Ru is one of several players expanding in Russia's 2 trillion rouble ($28 billion) e-commerce market.