T-Technologies buys 100% of Avto.ru service from Yandex for 35 bln rubles

MOSCOW. March 18 (Interfax) - T-Auto (part of T-Technologies ) will buy 100% of Avto.ru Group from Yandex for 35 billion rubles, according to a statement from the two holding companies.

The seller in the transaction is Yandex.Verticals LLC, which is 100% owned by Yandex.

The deal will include all of Avto.ru's assets, including the eponymous car sales classifieds service, the B2B platform Avto.ru Business, and the eCredit service for digital auto lending at dealerships.

According to Yandex, it is planned that the deal will be closed within a few months after obtaining the necessary approvals. The deal may be closed in Q2 2026 after receiving all necessary corporate and regulatory approvals, T-Technologies said.

Borrowed funds are being used to finance the deal, so it will not divert capital and resources from the group's key operating businesses, T-Technologies said.

"The group's investments in the automotive segment and the partnership with Avto.ru represent a strategic bet on the development of the national auto market. We want to create a technologically advanced and safe environment for interaction among all market participants - to connect those who want to buy, sell or repair a car with automakers, car dealers, auto repair shops and other infrastructure players," T-Technologies President Stanislav Bliznyuk said.

The deal will also strengthen T-Technologies' existing automotive ecosystem (which includes services in the B2C and B2B segments), as well as expand its capabilities through the integration of Avto.ru's solutions.

It is expected that Avto.ru will continue to operate as usual for users and partners.

As a result of the deal, Yandex will be able to redirect capital into fast-growing technological areas, the holding said. It did not specify which areas are being referred to.

Avto.ru was founded in 1996. Yandex acquired Auto.ru in 2024 for $175 million. Since then, the service's monthly audience has nearly tripled, from 12 million to 33 million users.

Until Q2 2025, Yandex developed the service within the classifieds services business vertical, which in that reporting period saw revenue decrease 5% to 8 billion rubles. After the resegmentation of its business lines, the results of the classifieds vertical were not disclosed.

Rumors about the sale of Avto.ru emerged at the end of 2025. At that time, the main potential buyers mentioned were Sberbank , T-Bank and Avito.