What Is Yandex? Not Just a Russian Search Engine
Yandex is a Russian company that is best known for its Yandex search engine. This is a search engine that was originally started in Russian at yandex.ru, but now has a global English version at yandex.com.
Yandex is the biggest search engine in Russia. According to Statcounter, they had 48.79% market share in Russia in July 2019, compared to Google ’s 47.88%.
What is Yandex?
Yandex N.V. is a Russian multinational internet company.
It is the biggest technology company in Russia and offers many different types of products and services.
They are best known for owning the biggest search engine in Russa, but they are also involved in many other things related to technology and the internet.
These include:
- Online advertising
- Email services via Yandex.Mail
- Ride hailing via Yandex.Taxi (in collaboration with Uber)
- Self-driving cars
- Maps via Yandex.Maps
- App analytics
- Data management
- Smart home technology
- A voice assistant called Alice
- A web browser called Yandex Browser
- Music streaming
- eCommerce
- Artificial intelligence
- And many more…
Yandex was founded in 1997 by Arkady Volozh (current CEO), Arkady Borkovsky and Ilya Segalovich. The name is derived from the phrase “Yet Another iNDEXer.”
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.
You can read more about the company on their about page. Then there’s more info about Yandex’s financials on Stockrow and their investor relations page.
src searchfacts.com