Yandex does not plan to leave Turkish market

Yandex does not plan to leave Turkish market

Yandex does not plan to leave Turkey’s market, the company’s CEO Arkady Volozh said on the sidelines of the St. Petersburg International Economic Forum.

The Vedomosti newspaper reported that Yandex failed to make significant gains on the Turkish market and the company could leave the foreign market in the next year, citing analysts from Aton investment company who met with Yandex director on relations with investors, Yekaterina Zhukova.

Yandex entered the Turkish market in autumn 2011, TASS reports.

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