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Yandex

This article is about the company. For its search engine, see Yandex Search.

Yandex LLC
Native name
Яндекс
Industry
Founded
  • 23 September 1997 (23 September 1997) (Yandex search launched by CompTek)
  • 2007 (2007) (reincorporation of holding company in the Netherlands)
Founder
HeadquartersMoscow, Russia
Area served
Worldwide
Key people
ProductsList of Yandex products and services
Revenue356,171,000,000 Russian ruble (2021) Edit this on Wikidata
28,461,000,000 Russian ruble (2023) Edit this on Wikidata
21,775,000,000 Russian ruble (2023) Edit this on Wikidata
Total assets786,628,000,000 Russian ruble (2023) Edit this on Wikidata
Number of employees
25 431 (2022)
ParentYandex N.V., Schiphol Boulevard 165, Schiphol Airport, Netherlands
Website
Footnotes / references
[2][3][4]

Yandex LLC (Russian: Яндекс, romanized: Yandeks, IPA: [ˈjandəks]) is a Russian multinational technology company[5] providing Internet-related products and services, including an Internet search engine called Yandex Search, launched in 1997, information services, e-commerce, transportation, maps and navigation, mobile applications, and online advertising.[6][2] Yandex Holding Company was incorporated in 2000. As of 2016, it primarily served audiences in Russia, Kazakhstan, Belarus, Turkey and countries with a significant Russian-speaking population.[7]

As of 2017, the firm was the largest technology company in Russia.[8] It had more than 30 offices worldwide in 2018.[9] Its main competitors in the Russian market are Google, Microsoft, VK, and Rambler. Yandex Search has the largest market share of any search engine from Europe and the Commonwealth of Independent States, and is the third largest search engine worldwide after Google and Bing.[10]

Yandex LLC's holding company, Yandex N.V., is a naamloze vennootschap (Dutch public limited company)[11] with its head office listed at an address of a virtual office in Amsterdam's Schiphol Airport.[12] Yandex N.V. is listed on Nasdaq and has a secondary listing on the Moscow Exchange, although trading in Yandex shares on Nasdaq was suspended in February 2022.[13]

In February 2024, Yandex N.V. announced the sale of the majority of its Russia-based assets to a consortium of Russia-based investors.[14][15]

  1. ^ "Artem Savinovsky appointed general director of Yandex Russian operating subsidiary". Interfax. April 14, 2022. Retrieved June 30, 2023.
  2. ^ a b Все сервисы Яндекса. Яндекс. Archived from the original on January 31, 2021. Retrieved May 23, 2018.
  3. ^ "Яндекс" сменил логотип впервые за 13 лет (in Russian). RIA Novosti. March 31, 2021. Archived from the original on March 31, 2021. Retrieved March 31, 2021.
  4. ^ Главная поисковая страница ′Яндекса′ теперь переадресует на ya.ru (in Russian). RIA Novosti. September 12, 2022. Archived from the original on September 12, 2022. Retrieved September 12, 2022.
  5. ^ "Yandex LLC - Company Profile and News". Bloomberg.com. Retrieved July 24, 2022.
  6. ^ N.V., Yandex (April 25, 2018). "Yandex Announces First Quarter 2018 Financial Results" (Press release). Archived from the original on January 26, 2021. Retrieved May 23, 2018.
  7. ^ "Yandex". Baring Vostok Capital Partners. Archived from the original on July 21, 2016. Retrieved July 22, 2016.
  8. ^ "Yandex, Russia's biggest technology company, celebrates 20 years". The Economist. September 30, 2017. Archived from the original on March 7, 2018. Retrieved September 29, 2017.
  9. ^ Cite error: The named reference yandexmission was invoked but never defined (see the help page).
  10. ^ "Search Engine Market Share Worldwide". StatCounter Global Stats. Archived from the original on December 10, 2020. Retrieved May 3, 2023.
  11. ^ "Yandex in Netherlands has registered affiliated company called Yandex Europe B.V." Offshore Company Formation | Company Express. February 8, 2011. Archived from the original on January 19, 2021. Retrieved July 10, 2020.
  12. ^ "Yandex N.V." opencorporates.com. Archived from the original on March 22, 2023. Retrieved May 11, 2023.
  13. ^ «Яндекс» добился отмены решения NASDAQ о делистинге. Kommersant (in Russian). June 8, 2023. Archived from the original on June 8, 2023. Retrieved June 27, 2023.
  14. ^ "Yandex: Owner of 'Russia's Google' pulls out of home country". BBC News. February 6, 2024. Retrieved February 6, 2024.
  15. ^ Marrow, Alexander (February 5, 2024). "Why the $5.2 billion sale of Russia's Yandex is significant". Reuters. Retrieved February 6, 2024.

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