Yandex has closed a deal to sell Auto.ru. This is stated in the company's message.
The new owner is T-Auto, which is part of the T-Technologies group. All assets of Auto.ru were transferred to him — the Auto.ru car advertising service, the B2B platform "Auto.ru" Business and eCredit are solutions for digital car loans in dealerships.
The transaction amount amounted to 35 billion rubles.
Auto.ru will retain its own brand and team and continue to develop as a separate service.
Auto.ru was established in 1996. It is a car sales advertisement service that unites private users and car business professionals.
Yandex has purchased Auto.ru in 2014.
Yandex creates services and products based on artificial intelligence that help users and businesses online and offline. Yandex has been working on a popular search engine in Russia since 1997.
According to RA AK&M, by the end of 2024, Yandex is among the leaders of the fifth carbon footprint rating of the largest Russian companies.
Yandex's net profit for 2025 increased 7-fold to 79.6 billion rubles from 11.5 billion rubles a year earlier. Adjusted net profit increased by 40% to 141.4 billion rubles from 100.9 billion rubles, revenue — by 32% to 1.44 trillion rubles from 1.09 trillion rubles, adjusted EBITDA — by 49% to 280.8 billion rubles from 188.6 billion rubles.
Yandex's net profit for the first quarter of 2026 amounted to 28.9 billion rubles against a loss of 10.8 billion rubles a year earlier. Adjusted EBITDA increased by 50% to 73.3 billion rubles, adjusted net profit increased 2.7 times to 34.7 billion rubles.
T-Technologies (the parent company of T-Bank) is a technology company developing a financial and lifestyle ecosystem. Since its foundation in 2006, the group has developed a full range of technological solutions and services in such areas as Internet banking, brokerage services, merchant acquiring and other services for sellers, insurance, and banking services in the SME segment.
Net operating profit of T-Technologies in the first quarter of 2026 according to IFRS increased by 40% to 46.5 billion rubles. compared to a year earlier
T-Bank, formerly known as Tinkoff Bank, is a Russian commercial bank based in Moscow and founded by Oleg Tinkov in 2006. The bank has no branches and is considered a non-bank. On June 5, 2024, Tinkoff Bank was officially renamed T-Bank. All major services now operate under new names: T-Bank, T-Investments, T-Mobile, and so on.
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