Yandex singled out Kinopoisk, Music, Plus and fintech into a separate business group


Yandex has singled out a new business group, which includes Kinopoisk, Yandex.Music, Yandex.Afisha, Yandex.Plus, as well as the company’s fintech direction. The division will be headed by Yandex CEO Artem Savinovsky.

Yandex singled out Kinopoisk, Music, Plus and fintech into a separate business group

“These services have similar business solutions and common goals: they all hold together key Yandex services with end-to-end scenarios <…>. The merger will make it possible to develop the services of the business group centrally, and it will be easier for the business units included in it to create joint products under a single management,” the company said in a statement.

The new business group will be led by Yandex CEO Artem Savinovsky, who will combine both positions. Fintech services will be managed by Dmitry Pirogov.

This is the third business group within the IT holding: Yandex is already developing a search, advertising and cloud services group, as well as an e-commerce and ride technology group.

Cover photo: Maria Pomelnikova / Shutterstock

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Source: RB.RU by rb.ru.

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