Yandex N.V. (/ˈjʌndɛks/; Russian: Яндекс,
IPA: [ˈjandəks]) is a multinational corporation specializing in
Internet-related services and products. Although most of its assets
are in Russia, the company is incorporated in the
Netherlands due to
irregularities in Russian law[according to whom?].
It is the largest technology company in Russia and the largest
search engine on the
Internet in Russian, with a market share of over
52%. The Yandex.ru home page is the 4th most popular website in
Russia. It also has the largest market share of any search engine
Commonwealth of Independent States
Commonwealth of Independent States and is the 5th largest
search engine worldwide after Google, Baidu, Bing, and Yahoo!.
Yandex' main competitors on the Russian market are Google, Mail.ru,
According to the company, one of its biggest advantages for
Russian-language users is the ability to recognize Russian inflection
in search queries.
The name "yandex" is a combination of the Russian letter "Я" ("Ya"),
meaning "I", and the word "index".
Yandex has invested in companies including Vizi Labs, Face.com,
Blekko, Seismotech, Multiship, SalesPredict, and Doc+.
3 See also
5 External links
Yandex has offices in 17 countries.
Yandex Labs in
Silicon Valley in 2008. It launched in
Turkey in 2011.
Yandex opened its first sales office in
Europe in Lucerne, Switzerland
in 2012 to serve its European advertising clients. In 2014, Yandex
opened a research and development office in Berlin.
It opened its first office in
Shanghai in 2015 to work with
Chinese companies that work on the
Russian language market.
Yandex traces its roots to 1990, when
Arkady Volozh and Arkady
Borkovsky founded Arkadia, a company that developed
for use in patents and goods classification. Their software featured a
full-text search with Russian morphology support. In 1993, Arkadia
became a subdivision of Comptek International, another company founded
by Volozh in 1989.
Arkady Volozh and Ilya Segalovich, friends since their school
days and by then working together to develop search software,
invented the word "Yandex" to describe their search technologies. The
name initially stood for "Yet Another iNDEXer". The Russian word
"Я" ("Ya") corresponds to the English personal pronoun "I", making
"Яndex" a bilingual pun on "index". Another pun is based on the yin
and yang contrast (Russian: инь – индекс, ян –
Between 1993 and 1996, the company continued developing its search
technologies and released software for searching through the
The Yandex.ru search engine was launched on September 23, 1997 and was
publicly presented at the Softool exhibition in Moscow. Initially,
the search engine was developed by Comptek. In 2000,
incorporated as a standalone company by Arkady Volozh.
Yandex launched contextual advertisement on its search
engine. In 2001, it launched the
Yandex.Direct online advertising
The company became profitable in November 2002. In 2004,
increased to $17 million, up 10005 in 2 years. The net income of the
company in 2004 was $7 million. In June 2006, the weekly revenue of
Yandex.Direct context ads system exceeded $1 million. The company's
accounting has been audited by
Deloitte since 1999.
In September 2005,
Yandex opened an office in Ukraine and launched
www.yandex.ua. In 2007,
Yandex introduced a customized search
engine for Ukrainian users;
Yandex also opened its development
Kiev 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 www.yandex.ua were
localized for the Ukrainian market. In 2010,
Yandex launched its
"Poltava" search engine algorithm for Ukrainian users, based on its
In March 2007,
Yandex acquired moikrug.ru, a Russian social networking
On June 16, 2008,
Yandex acquired SMILink, a Russian road traffic
monitoring agency, to merge it with Yandex.Maps services.
On June 20, 2008,
Yandex announced the formation of
Yandex Labs in
Silicon Valley. The main objective of the division is to foster
"innovation in search and advertising technology".
In September 2008,
Yandex acquired the rights to the Punto Switcher
software program, an automatic Russian to English keyboard layout
In January 2009, Mozilla Firefox 3.5, replaced
the default search provider for Russian-language builds.
In August 2009,
Yandex introduced a player of free legal music in its
search results. In September 2010,
Yandex launched the Yandex.Music
service and significantly extended its music catalogue to 800,000
tracks from 58,000 performers.
On May 19, 2010,
Yandex launched an English-only web search
In September 2010,
Yandex invested in a $4.3 million financing round
by Face.com. The company was acquired by
Facebook in 2012.
In December 2010,
Yandex launched Yandex.Start to find startups and to
work with them systematically. As a result of the program, Yandex
purchased WebVisor's behavior analysis technology in December
On January 26, 2011,
Yandex introduced premium placement opportunity
in its Business directory; advertisers' local small businesses are
highlighted on a map for relevant queries.
On January 27, 2011, the company acquired single sign-in service
On May 3, 2011, as part of a disclosure on the "legal and political
risks" of investing in Russia, before the listing on NASDAQ, Yandex
revealed that it had passed private customer information to the
Federal Security Service, including that of users who had donated
Yandex to an anti-corruption website set-up by Alexei
On May 24, 2011,
Yandex raised $1.3 billion in an initial public
offering on NASDAQ. It was the biggest initial public offering for a
dot-com company since Google's offering in 2004. Among the largest
Yandex were Baring Vostok Capital Partners, which owned a
30% stake, and Tiger Management, which owned a 15% stake.
In August 2011,
Yandex acquired The Tweeted Times, a news delivery
In September 2011,
Yandex launched a search engine and a range of
other services in Turkey. The company also opened an office in
In September 2011, the company invested in
Blekko as part of a $30
million financing round.
In November 2011,
Yandex acquired SPB Software, a software developer,
for $38 million.
In June 2012,
Yandex acquired a 25% stake in Seismotech, a company
that provides services in the area of interpretative processing of
seismic data and software development, for $1 million.
In March 2013, the company added an English user interface to its
translation mobile app.
In July 2013,
Mail.Ru started placing
Yandex.Direct ads on its search
In October 2013,
Yandex acquired KinoPoisk, the biggest Russian movie
Yandex became the largest media property in
In February 2014,
Yandex invested several million dollars in
In March 2014,
Yandex acquired Israeli geolocation startup KitLocate
and opened a research and development office in Israel.
In April 2014, a movie called Startup, about the history of
In June 2014,
Yandex acquired Auto.ru, an online marketplace and
classified advertising website for automobiles, for $175
In December 2015,
Yandex acquired Agnitum, an internet security
On June 1, 2017,
Yandex closed its offices in
Kiev and Odessa, Ukraine
Security Service of Ukraine
Security Service of Ukraine raided the offices and accused
the company of illegally collecting Ukrainian users’ data and
sending it to Russian security agencies.
On June 6, 2017, the company invested in a $5 million financing round
On October 10, 2017,
Yandex introduced its intelligent personal
assistant, Alisa (Alice) for Android, iOS, and Microsoft
In December 2017, the company acquired Foodfox, a food delivery
In 2017, within the framework of a joint anti-phishing project of the
Russia and search engine Yandex, a special check mark (a green
circle with a tick and 'Реестр ЦБ РФ' (Bank of Russia
Register) text box) appeared in the search results, informing the
consumer that the website is really owned by a legally registered
company licensed by the Bank of Russia.
On February 7, 2018,
Yandex NV merged their businesses in
Russia, Kazakhstan, Azerbaijan, Armenia,
Belarus and Georgia. Uber
invested $225 million and owns 36.6% stake the venture while Yandex
invested $100 million and owns a 59.3% stake.
On February 16, 2018, the company showed off the first tests of its
autonomous cars in Moscow.
Comparison of webmail providers
Public recursive name servers
Yandex Announces Fourth Quarter and Full-Year 2017 Financial
Results" (Press release). Yandex. February 15, 2018.
^ "Yandex, Russia's biggest technology company, celebrates 20 years".
The Economist. September 30, 2017.
^ "Liveinternet stats provider, Russian sites visited by
^ "Top Sites in Russia". Alexa Internet.
^ Ioffe, Julia (February 10, 2009). "Google's Russian threat".
^ "Crunchbase: Yandex". TechCrunch.
^ "Yandex". Yandex.
^ a b "
Yandex Labs to Open in Silicon Valley" (Press release). Yandex.
June 20, 2008.
^ a b "
Yandex Launches in Turkey" (Press release). Yandex. September
Yandex Opens Offices in Europe" (Press release). GlobeNewswire.
March 12, 2012.
Yandex to open new office in Europe". Reuters. February 6,
Yandex opens commercial office in
Shanghai". TASS. September 10, 2015.
^ "Emerging Leader:
Arkady Volozh & Thomas White International".
Thomaswhite.com. May 29, 2012.
^ a b c d "History". Yandex.
Yandex Turns 20". Yandex. September 28, 2017.
Yandex Representative Office Now in Ukraine" (Press release).
Yandex. September 6, 2005.
Yandex Presents www.yandex.ua" (Press release). Yandex. September
Yandex Adds Ukrainian Search" (Press release). Yandex. October 2,
Yandex Extends its Presence in Ukraine" (Press release). Yandex.
August 20, 2008.
Yandex Learns Languages" (Press release). Yandex. November 19,
Yandex Search for Ukraine's Every Region" (Press release). Yandex.
July 27, 2010.
Yandex Acquires Social Networking Web Site MoiKrug.ru" (Press
release). Yandex. March 27, 2007.
^ Andrews, Robert (June 16, 2008). "Russia's
Yandex Buys Traffic Info
Service SMIlink". GigaOm.
Yandex Releases Punto 3.0" (Press release). Yandex. September 9,
^ Shankland, Stephen (January 9, 2009). "Firefox in
Google for Yandex". CNET.
^ "Enhanced Music Streaming on Yandex" (Press release). Yandex.
September 22, 2010.
Yandex Adds Foreign Content to Its Search Index" (Press release).
Yandex. May 19, 2010.
^ Rao, Leena (May 18, 2010). "
Yandex Adds Foreign Content Filter To
Yandex opts for latin script to broaden market reach". Russia
Today. May 19, 2010.
^ Wauters, Robin (September 27, 2010). "Facial Recognition Tech
Face.com Raises $4.3M From
Yandex And Others".
Yandex Supports Startups" (Press release). Yandex. December 24,
^ Butcher, Mike (December 24, 2010). "
Yandex Acquires WebVisor's
Behavior Analysis Technology, Team". TechCrunch.
Yandex Offers Geo-targeted Ads to Businesses" (Press release).
Yandex. January 26, 2011.
^ O'Hear, Steve (January 27, 2011). "
Yandex Acquires Single Sign-In
Service Loginza". TechCrunch.
^ Drobinina, Ekaterina (3 May 2011). "Russian search-engine Yandex
passed information to FSB". BBC News.
^ Rusli, Evelyn M. (May 24, 2011). "
Yandex Shares Soar 55% in Market
Debut". The New York Times. (subscription required)
^ Popova, Olga; Kiselyova, Maria; Mosolova, Tanya (May 20, 2008).
Yandex plans up to $2 bln NY IPO - source". Reuters.
^ Wauters, Robin (August 26, 2011). "Russian Search Giant Yandex
Acquires Social News Startup 'The Tweeted Times'". TechCrunch.
^ Rao, Leena (September 29, 2011). "Search Engine
Blekko Raises $30
Million From Russian Search Giant
Yandex And Others".
Blekko Closes $30 Million Funding Round; Welcomes
Strategic Investor" (Press release). Business Wire. September 29,
^ Shatalova, Ekaterina (November 28, 2011). "
Yandex Acquires SPB
Software Developer to Expand Mobile Products". Bloomberg L.P.
^ Empson, Rip (November 28, 2011). "Russian Search Giant Yandex
Acquires Mobile Software Developer SPB For $38 Million".
Yandex Supports Geophysical Exploration" (Press release). Yandex.
June 22, 2012.
^ Peak, Krystal (June 22, 2012). "
Yandex buys 25% stake in seismic
data processing biz". Vator.
^ Lomas, Natasha (March 26, 2013). "
Yandex Adds English UI To Its
Translation App To Widen Its International Appeal". TechCrunch.
Yandex agree to place ads from
Yandex.Direct on search
engine". Interfax. July 25, 2013.
Yandex Acquires KinoPoisk" (Press release). GlobeNewswire. October
^ Lunden, Ingrid (October 15, 2013). "
Yandex Buys KinoPoisk, 'Russia's
IMDb', To Move Into Film Search And Recommendation". TechCrunch.
^ Kiselyova, Maria (October 16, 2013). "
Yandex buys Russian movie
review site". Reuters.
^ d’Amora, Delphine (April 10, 2014). "
State-Owned Channel One for 2013 Revenue". The Moscow Times.
Yandex invests in MultiShip: A perfect match on the Russian
e-commerce service scene". VentureBeat. February 1, 2014.
Yandex invests in online logistics provider". Reuters. February 1,
Yandex Acquires KitLocate" (Press release). GlobeNewswire. March
^ Lomas, Natasha (March 18, 2014). "Russian Search Giant Yandex
Acquires Low-Power Mobile
Geolocation Startup KitLocate".
^ Shamah, David (March 21, 2014). "
Yandex to open Israeli R&D
KitLocate acquisition". ZDNet.
^ POTOTSKY, DAN (April 3, 2014). "Telling the
Yandex story: 'Startup'
gets off the ground".
Yandex to Acquire Auto.ru" (Press release). GlobeNewswire. June 16,
^ Lunden, Ingrid (June 16, 2014). "
Yandex Acquires Auto.Ru For $175M,
Adding Car Classifieds To Its Search Business". TechCrunch.
Yandex acquires software developer Agnitum". December 9,
^ Soldatkin, Vladimir; Stubbs, Jack (June 1, 2017). "Russia's Yandex
to close offices in Ukraine's
Odessa and Kiev". Reuters.
^ "DOC+, the Digital Health Company, Raises $5M From
Yandex and Baring
Vostok" (Press release). PRNewswire. June 6, 2018.
^ "Say "Privet" to Alice, Yandex's Intelligent Assistant". Yandex.
October 10, 2017.
^ Heater, Brian (October 10, 2017). "
Yandex introduces Alice, an
Alexa-like assistant that speaks Russian". TechCrunch.
^ Locklear, Mallory (October 10, 2017). "Meet Alice: The virtual
assistant from Russian search giant Yandex". Engadget.
^ Teterevleva, Anastasia; Devitt, Polina (December 25, 2017).
Yandex.Taxi buys food delivery service Foodfox".
^ "Bank of
Russia to mark microfinance organisations on the
Банк России". www.cbr.ru. Retrieved 2018-03-06.
^ "Insurers' websites receive first marks Банк России".
www.cbr.ru. Retrieved 2018-03-06.
Uber Complete the Combination of Their Ride-Sharing
Russia and Neighboring Countries" (Press release).
GlobeNewswire. February 7, 2018.
^ Etherington, Darrell (February 16, 2018). "
Yandex shows off the
first tests of self-driving cars on Moscow roads". TechCrunch.
^ Hawkins, Andrew J. (February 16, 2018). "Watch this self-driving car
navigate the snowy streets of Moscow". The Verge.
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