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Yandex 15-Minute Grocery Business Exploring Options in Europe

  • Yango Deli said to consider shutting down its French unit
  • Company looking at options including a sale for U.K. business
A courier from food delivery service Yandex in Moscow, Russia.

A courier from food delivery service Yandex in Moscow, Russia.

Source: Bloomberg

Russian internet company Yandex NV’s rapid grocery unit Yango Deli is exploring strategic shifts for its businesses in the U.K. and France, making it the latest Russia-linked food delivery company to face difficulties amid the bevy of sanctions targeting the country.

Yango Deli is among a spate of companies competing to offer consumers convenience goods and produce in minutes. The company is exploring options including a sale for its U.K. business and the closure of the French unit, according to people familiar with the matter who asked for anonymity because the conversations were private.