Yandex.Verticals Q2 2020: EBITDA down 62%, prospects promising

Yandex.Verticals Q2 2020: EBITDA down 62%, prospects promising

The impact of Covid-19 became crucial for classifieds owned by Yandex.Verticals in the second quarter of 2020. But while the company saw massive revenue drops in all of its segments, its half-year results came in just 1% below H1 2019.