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Yandex Yandex

Company

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Yandex is the largest Russian Internet company.

Competitors: Google, Mail.ru

Owners:
Yandex MKAO
Revenue and Net Profit billions $

Number of employees

300px

Assets

Owners

+ Yandex (Yandex)

History

Main article: History of Yandex

The story of a unique Russian company from its inception in 1990 to today is an exciting reading and recipe for success.

Yandex Board of Directors

Main article: Yandex Board of Directors

Aktivs

Internet services

Transport solutions

Game services

Shares in third-party businesses:

Closed services:

E-commerce

Main article: Yandex e-commerce

ICT Products and Services

Websites

As of March 2015, the company's assets include the following sites:

  • Yandex.ru
  • Adfox.ru,
  • Auto.ru,
  • Kinopoisk.ru.

Yandex Bank

Main article: Yandex Bank

Buying and selling companies

Legal entities

Offices

Main article: Yandex offices

Main article: Yandex in Belarus

The main office of the company is located in Moscow. Since the company is registered in the Netherlands, Yandex has an office in this country.

Yandex also has offices in St. Petersburg, Rostov-on-Don, Yekaterinburg, Kazan, Novosibirsk and a number of offices in Ukraine (Kyiv, Odessa, Simferopol). In addition, the Russian Internet leader operates an office in the United States ( in Palo Alto, California).

IT infrastructure

Main article: Yandex IT infrastructure

Performance indicators

Main article: Yandex financial indicators

2023: Annual revenue growth by 53% to RUB 800.13 billion

In 2023, Yandex raised 800.13 billion rubles, which is 53% more than a year earlier. At the same time, the company's net profit decreased by 54%, to 21.78 billion rubles. Such data are contained in the reports that the Russian Internet holding published on February 15, 2024.

From the materials of Yandex, it follows that the revenue of the Search and Portal group for 2023 increased by 49% compared to the previous year and amounted to 337.5 billion rubles. Revenue of the Plus and Entertainment Services segment reached 66.9 billion rubles, showing an increase of 110%. The annual revenue of the Plus and Entertainment Services business group increased by 110% to 66.9 billion rubles.

In
2023, Yandex raised 800.13 billion rubles

According to Yandex reports, the number of subscribers is Yandex. Plus "by the end of 2023 reached 30.4 million, an increase of 58% compared to the same period in 2022. The number of commodity items on the Yandex trading platform . Market "by the end of 2023 amounted to 57.1 million units against 41.7 million items a year earlier. During the specified period of time, the number of active buyers on the marketplace increased by 33%, reaching 18.5 million people, and the number of active sellers increased by 79%, reaching 78.1 thousand.

The number of Yandex employees in 2023 increased by 26%, to 26.4 thousand people. This is due to the acceleration of the pace of hiring of the Search and Portal, Plus and Entertainment Services business groups and the growth of other businesses, the company explained.

In the Raidtech segment (taxi, car sharing and scooter rental), the company does not disclose revenue, indicating only that it grew by 36% - "lower than GMV growth, due to increased bonuses to drivers and other measures to attract drivers and partners," which were increased by 73%. The effective Yandex Taxi commission remained below 10% in 2023, and the share of trips outside Russia in December 2023 was 35%.[1]

Audience size

2020: In the top 50 largest Internet sites in the world

The largest Internet sites in the world for November 2020

2019: World# 11 site by audience size

Top 100 sites in the world (billion visits in June 2019)

Yandex was in 11th place in the hundred most visited sites in June 2019. The number of visits to yandex amounted to 3.06 billion.

2018

2017: Yandex's share of the Runet search market showed a record drop

The share of Russian users using the Yandex search engine is rapidly declining. According to LiveInternet statistics, in April this search engine was used in Russia in 54% of cases, and in May - in 51.7% of cases. This is the lowest rate of use of Yandex search on the Russian market in the entire history of LiveInternet measurements. At the same time, there is an increase in Google's share in this market - from 40.8% in April to 43.3% in May[2].

The fall in Yandex's share and the rise of Google lasts for the second month in a row: in March, Yandex controlled 55.2% of the Russian Internet search market, and Google - 39.5%. Yandex owes a decrease in its share from March to April to mobile search, which fell from 39.9% to 37.7%. At the same time, Google showed growth in the mobile segment from 59.4% to 61.1%.

Search "Yandex" is usually more in demand on PC, in the segment of mobile devices things are worse, writes the resource "Roy!." However, in April-May, even on PCs, Yandex's share fell from 65.5% to 64.6%. This phenomenon is observed for the first time, in March-April, companies kept their shares in PC search unchanged: 65.5% for Yandex and 26.5% for Google.

As for the use of search engines on Russian sites, according to LiveInternet, the share of Yandex and Google in this segment in March was 48.7% and 45.6%, respectively. In April, Yandex dropped to 47.5%, and Google rose to 47%, but the Russian company was still in the lead. However, in May, the trend continued, and Google with a share of 49.6% for the first time ahead of Yandex, which owned 45.1%.

2016: Share of searches in Russia 55.3%

At the end of 2016, Yandex was able to stabilize its share in the Russian Internet search market, according to data from the Liveinternet service. The share fell throughout the year, but in October-November it gained a foothold at 55.2%, and in December it even increased slightly - to 55.3%. The share in the search is very important for Yandex, since this business is the main source of the company's earnings.

2014:29 million people per day

At the end of 2014, despite the fact that Yandex is still dominant in Runet, it is gradually losing competition to the American search engine Google, according to a report by Morgan Stanley analysts on the state of Runet. The bank's experts analyzed the results of research done from 2012 to 2014. Twice a year during this period, they conducted surveys of Internet audiences. The last survey took place in December 2014. The study involved 30 thousand Runet users, among whom Morgan Stanley analysts distributed a measurement tool - an online panel. The conclusion of experts was made on the basis of studying the behavior of 1.5 thousand respondents.

The report notes that Google dominates primarily among users of mobile devices and applications. He helps him in this by having his own operating system for mobile devices - Android. The study notes that in Russia, more than 70% of smartphone owners use Android devices. At the same time, owners of devices running this operating system increasingly prefer to search for information on Google: in their environment, 51% of respondents are loyal users of this search engine (i.e. use it more often than others) and only 41% - Yandex. Morgan Stanley experts note that Google's dominance on mobile devices is contributing to an increasingly rapid decline in Yandex's share of the search market in Russia. The data indicate that 83% of respondents at the time of the survey used Google (+ 5 pp per year) and 73% - Yandex (-5 pp[3].

The report also says that Yandex is also losing its traditionally strong position among desktop users. According to the survey, 83% of PC users prefer to use Google. Morgan Stanley analysts suggest that not only android phones play on the side of Google, but also the most popular Chrome Internet browser on devices on all platforms. However, the Morgan Stanley report contradicts the Liveinternet.ru statistics service, the newspaper writes. According to him, Yandex is still the most popular search engine for Runet, although it Liveinternet.ru records a drop in Yandex's share. So, over the year, it decreased by 2.8 pp, to 58.9% (at the end of January 2015), and Google's share over the same period increased by 5.9 pp, to 32.8%. TNS data also record Yandex's significant superiority over Google in terms of monthly audience in Russia: 62 million users versus 49.4 million. However, TNS data does not take into account users of mobile devices.

2012: Search engine No. 4 in the world

At the end of 2012, the Russian search engine Yandex bypassed Microsoft sites in terms of the number of processed search queries and took fourth place in the world ranking. This was reported on February 6, 2013 by GigaOM with reference to the report of the analytical service comScore.

In November 2012, according to comScore, Yandex sites bypassed Microsoft sites for the first time, processing 4.62 billion requests against 4.48 billion from a competitor. In December, the trend continued: the Russian search engine accounted for 4.84 billion requests, and the American corporation still 4.48 billion (2.8 and 2.5 percent of the total number of requests, respectively).

The publication notes that despite the fact that the measurement goes to all sites owned by companies, the most requests are for their search engines (in the case of Microsoft on Bing). At the same time, Yahoo! sites, which also use Bing technology, occupy the third line in terms of the number of processed requests - in December 2012, 8.63 billion were processed, or 4.9 percent of the total.

In first place by a wide margin is Google: it accounted for almost 115 billion requests, which is 65.2 percent of the total market volume. It is followed by the Chinese Baidu with 14.5 billion requests (8.2 percent).

Despite the fact that Yandex sites bypassed Microsoft in the number of processed requests, the number of unique users in the latter in December was more than three times higher: 268.6 million people against 74.4 million from the Russian search engine. GigaOM explains the discrepancy between the number of requests and users by the fact that in English-speaking countries people are used to accessing several search engines, while in Russia Yandex users usually only look in it.

Yandex outside Russia

2023: Yandex staff has tripled abroad

At the end Yandex of 2022, the number of personnel of the "" group in offices abroad almost tripled compared to the previous year and exceeded 1.7 thousand people. This became known at the end of April 2023 - the relevant data ones are reflected in the report of Yandex N.V. (the parent company of the group) filed with the Securities and Exchange Commission USA (). SEC

According to RBC, foreign employees account for about 8% of the total number of Yandex employees. In general, the staff of the group in 2022 increased by 16%, reaching 20.9 thousand. It is noted that the indicated figure does not include several thousand employees who work part-time. The overall growth of the company's staff was due to the acceleration of hiring in the Search and Portal division, as well as in the business group, which includes taxi and delivery services.

In the current geopolitical situation, about a hundred Yandex employees moved to Armenia. In the summer of 2022, the company opened a hub in Serbia for 700 employees (and subsequently lifted restrictions on the admission of new employees). The main part of Yandex employees who left Russia are IT specialists. The observed picture, as noted, strengthens the split between those who remained in Russia and those who are outside it: this "complicates even communication, not to mention cooperation."

According to a Yandex representative, as of April 2023, about 10% of the company's employees worked from international hubs, where both local specialists and those who had previously worked in Russia were hired. However, a RBC source in the IT market insists that "about 90% of Yandex employees in the company's international offices are those who left Russia." Another RBC source in the investment market confirmed that most of the specialists from foreign offices previously worked in the Russian division.[4]

2015: Yandex will attract third-party investors to develop its project in Turkey

Yandex intends to attract third-party investors to its Turkish service. The company views the project "as an internal startup," so it is ready to develop it with partners. This was announced in June 2015[5], service general director Arkady Volozh at the St. Petersburg International Economic Forum.

According to Volozh, now the Turkish branch of Yandex is at a stage where there is a competitive product and it is necessary to convey information about it to the audience. "There will be a user base - it will be easy to monetize it," he explained.

The company does not disclose its share in the Turkish market. According to analytical services, it is kept at 4%.

Yandex launched about 20 of its services in Turkey in 2011. The company assumed that the Turkish market is similar to the Russian one. Of these, only Yandex.Maps and Yandex.Traffic took off, Vedomosti writes.

Earlier, analysts at the Aton investment company said that Yandex could leave the Turkish market in 2016, as the company failed to achieve significant success in this market. Such conclusions were made by analysts after a meeting with the director of investor relations of the search engine Ekaterina Zhukova.

2011

As of October 2011, Yandex (Yandex NV and Yandex LLC) owns at least 150 domains in different domain zones. These are, for example, 33 domains with the name yandex in the national zones of different states, including.nu of the small Polynesian state of Niue and.st São Tomé and Principe (an island off the coast of Africa). Pornographers have long chosen the.nu zone, so the company, according to its representatives, "decided to play it safe" and bought it yandex.nu. And yandex.st, the company explained, is used to store static information from the site - java scripts, pictures - everything that does not change depending on the user's request.

In addition, Yandex owns yandex.eu and yandex.asia and a number of variations on the corporate name (yandeks.com, yandes.com, kremlyandex.ru, yandex-rambler.ru)

Despite rumors that after Turkey (2011) Yandex intends to open offices in Egypt or Indonesia, the names of yandex.eg and yandex.co.id are free (only third-level domains are available for purchase in Indonesia). Yandex was also wooed to Vietnam, but neither yandex.vn nor yandex.com.vn belong to the Russian company. However, the latter is already undergoing some kind of site building work.

Infographics © Natalya Renskaya, "Marker.ru"[6]

If Yandex's expansion beyond the CIS does continue, the confrontation with the world's largest search engine Google could become even tougher. When the Russian company was preparing to open an office in Turkey in 2011, Google removed Yandex search from its proprietary Chrome browser.

As a result, Yandex launched in Turkey in the fall of 2011, which was the company's first foreign project. The search engine planned to occupy 10-20% of the search market for a full-fledged business, but in the summer of 2015 the company received only 4%, Vedomosti writes.

Domains owned by Yandex

  • Yandex owns domains with the name of the general director of the company Arkady Volozh (volozh.ru, volozh.com).

  • Judging by the list of domains, Yandex was very seriously thinking about expanding into the social media market. In addition to the social network operating in October 2011 moikrug.ru the company registered odnokursniki.ru, moyklass.com, moydrug.ru and several others.

Links

Yandex logos

Notes


Stock price dynamics

Ticker company on the exchange: NASDAQ:YNDX