MOSCOW, Oct 29 (Reuters) - Russian internet giant Yandex

reported a 36% rise in first-quarter revenue to 276.8 billion

roubles ($2.85 billion), driven by growth in e-commerce and its

search and portal business.

Adjusted net profit for the quarter jumped by 118% to 25.1

billion roubles, while adjusted earnings before interest, tax,

depreciation and amortisation, reached 54.7 billion roubles.

A Russian consortium of buyers in July finalised a $5.4

billion cash and shares deal to acquire Yandex's Russia-based

assets, which had been held through Nasdaq-listed Dutch parent

Yandex NV, the largest corporate exit since Russia's

invasion of Ukraine in February 2022, albeit at a hefty

discount.

($1 = 97.1500 roubles)