Yandex buys Auto.ru

Yandex announces purchase of one of the most popular Russian automotive portals Auto.ru - after closing 100% shares Auto.ru pass Yandex. It is expected that this will happen in the third quarter of 2014.





Service was created in 1996 by a group of enthusiasts who organized the first Russian online community of motorists. Existing service team will continue to work on it. Acquisition Auto.ru - a good way to expand the possibilities of Yandex in response to users' questions and help solve their pressing problems.

Auto.ru - the most authoritative resource on avtotematike. Members traditionally turn to him on any matter relating to the purchase or possession of the vehicle - whether it is advice on the operation or repair, spare parts search, discussion of new products or automobile purchase or sale of your vehicle. At the same time Auto.ru the most complete and current base of offers for the sale of vehicles - new and used, is a recognized leader in the category avtoobyavleny. Approximate amount of the transaction - 175 million US dollars. Yandex plans to further develop the portal, which will continue at the same address - auto.ru.

Auto.ru has Russia's largest database for the sale of cars and other vehicles. It includes about 400 thousand ads individuals and dealers that offer used and new cars, parts and accessories. On Auto.ru there is also a description of car owners reviews, news and forums.

Source: habrahabr.ru/company/yandex/blog/226381/