Yandex NV’s fast food section, Yango Deli, is considering strategic adjustments for its business in the United Kingdom and France, becoming the latest Russia-linked food delivery company to confront challenges amid a spate of sanctions aimed at the nation.
Sale of the British business and closure of the French division
“London’s ultra-fast delivery sector is fiercely competitive, and we’ve had a lot of interest in our company there, especially from colleagues.” However, at this moment, we are unable to give any more information, “stated a Yango Deli spokeswoman.
In October, the business opened four microservice centers in London, and later added a fifth, bringing its worldwide network to over 400 “dark shops” in France, Israel, and other countries.
Yandex is Russia’s most well-known technology brand and the country’s leading internet and mobile service provider. On the other hand, Russia’s invasion of Ukraine resulted in a reduction in the company’s stock, debt troubles, and the departure of a top executive who was sanctioned by the European Union.