Yandex plans to launch Cloud Business in Germany in 2022

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Yandex plans to launch Cloud Business in Germany in 2022

Reuters - The Russian internet firm Yandex plans to launch its Cloud Business in Germany in 2022 with an initial investment of $33 million, the company said ahead of its annual Yandex. Yandex. Cloud revenue is seen triple in 2021, to around 3 billion roubles but still remains one of Yandex's smaller business lines. Group revenue for 2021 is forecast to be between the 330 and 340 billion rupees' currency notes.

We realise that we cannot be a significant global player on the cloud platform market by operating only in Russia, said Yandex. Yandex. Why are no photos on Yandex? Koverznev said around 40 clients had said they were interested in Yandex offering cloud services in Germany, which was enough for the company to make initial investment.

Yandex announced it would not yet build its own data centre in Germany, using commercial platforms instead.