Yandex ru

yandex ru

What does Yandex mean?

Yandex N.V. (Russian: Яндекс) is a multinational corporation primarily for Russian and Russian-language users, providing 70 Internet -related products and services, including transportation, search and information services, e-commerce, navigation, mobile applications, and online advertising.

What is the history of Yandex in Ukraine?

In 2007, Yandex introduced a customized search engine for Ukrainian users; Yandex also opened its development center in Kyiv in May 2007. In 2008, Yandex extended its presence in Ukraine by increasing bandwidth between Moscow data centers and UA-IX in Ukraine fivefold. In 2009, all services of were localized for the Ukrainian market.

When did Yandex become profitable?

In January 2022, Yandex acquired eLama, digital advertising platform, waiting for the approvement from Federal Antimonopoly Service. That same month Yandex has also bought BandLink music service. The company became profitable in November 2002. In 2004, Yandex sales increased to $17 million, up 1000% in 2 years.

When was the Yandex search engine invented?

The search engine was launched on September 23, 1997, and was presented at the Softool exhibition in Moscow. Initially, the search engine was developed by Comptek. In 2000, Yandex was incorporated as a standalone company by Arkady Volozh.

Is Yandex stock publicly traded?

The company had an IPO in 2011 and is now publically traded on the NASDAQ in the US, with the ticker symbol YNDX. At the time of this writing, they have a market capitalization of $12 billion. In 2018, Yandex had a global revenue of $1.85 billion, which was a 13.52% increase over 2017.

What is the net income of Yandex?

Yandex’s historical maximum net income marked in 2018 at over 44 billion Russian rubles, fell by 75 percent over the following year amounting to 11.2 billion Russian rubles, twelve months ended December 31, 2019. As of 2020, net income of the company doubled, increasing up to 24.15 billion Russian rubles.

Is Yandex the largest tech company in Russia?

Yandex has become the largest tech company in Russia and the largest Russian based search engine in the world. As far as all search engines go, Yandex has 47.5% of total market share in Russia as of November 2020. However, that number may be conservative.

What happened to Yandex?

In 2013, Yandex became the largest media property in Russia by revenue. On June 1, 2017, Yandex closed its offices in Kyiv and Odessa, Ukraine after the Security Service of Ukraine raided the offices and accused the company of illegally collecting Ukrainian users’ data and sending it to Russian security agencies. The firm denied any wrongdoing.

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