Russian internet major Yandex together with Naver will develop cloud services in Russia and South Korea, the company announced on October 1.
As analysed by bne IntelliNews, cloud and date processing services in Russia are expanding on the back of new regulations that are feeding an already fast growing business.
Yandex.Oblako (Yandex.Cloud) will cooperate with Naver Business Platform, aiming to reciprocally support each other's users. Early interest in such cross-border service was expressed by South Korean mobile games developers wishing to propose their products in Russia and use local infrastructure.