Yandex: Russia's Yandex reports a 34% rise in Q1 revenue

MOSCOW (Reuters) -Russian internet giant Yandex reported a 34% rise in first-quarter revenue to 306.5 billion roubles ($3.71 billion), driven by growth in e-commerce and its search and portal business. Adjusted earnings before interest, tax, depreciation and amortisation, were up by 30% to 48.9 billion roubles, while adjusted net profit reached 12.8 billion roubles, it said. ($1 = 82.6500 roubles) (Reporting by Gleb Stolyarov; Writing by Anastasia TeterevlevaEditing by Andrew Osborn) MOSCOW (Reuters) -Russian internet giant Yandex reported a 34% rise in first-quarter revenue to 306.5 billion roubles ($3.71 billion), driven by growth in e-commerce and its search and portal business. Adjusted earnings before interest, tax, depreciation and amortisation, were up by 30% to 48.9 billion roubles, while adjusted net profit reached 12.8 billion roubles, it said. ($1 = 82.6500 roubles) (Reporting by Gleb Stolyarov; Writing by Anastasia TeterevlevaEditing by Andrew Osborn)