New York Times: How War in Ukraine Roiled Russia’s ‘Coolest Company’

New York Times: How War in Ukraine Roiled Russia’s ‘Coolest Company’. “Often called ‘the coolest company in Russia,’ Yandex employed more than 18,000 people; its founders were billionaires; and at its peak last November, it was worth more than $31 billion. Then President Vladimir V. Putin of Russia invaded Ukraine. Almost overnight, as Western investors bolted from Russia and Western governments imposed harsh economic sanctions, its value dropped to less than $7 billion. The Nasdaq stock exchange suspended trading in its shares.”

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