buys 33 auto sites from Hearst Shkulev Digital

04 Jul 2017, one of Russia's leading auto verticals, purchased thirty-three, regional auto sites from media company Hearst Shkulev Digital (HSD), for what is believed to have been around $8.5 million U.S.. The deal will also see the two companies enter into a partnership. While the purchase was effectively made by parent company Yandex (YNDX), the deal was driven by

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Pavel Marceux

Pavel Marceux joined AIM Group in 2014 as a writer focusing on the Russian market. Following his MA at Edinburgh University, he worked in a number of countries, including Turkey and Japan. Pavel has honed his skills and knowledge at several publishing houses and consumer markets research firms. He is an experienced markets analyst, researcher and editor, who values accuracy, professionalism and honesty in his work above all else. His specialist focus is technology, economics and consumer trends. Splitting his lifestyle largely between London and Moscow, Pavel functions on a truly international platform.