Market Share & Web usage statistics Yandex Metrics

Yandex is an internet technologies company that operates in Russia, CIS and Turkey. It is the largest Russian and fourth-largest world internet search engine. Yandex is an acronym for the phrase Yet Another Indexer. As of March 2013, Yandex had about 61% of the Russian search market (source: LiveInternet.ru). Yandex’s mission is to give the answer to the user anytime and anywhere. Company provides its services for desktop and mobile users and develops embedded solutions as well. The company specializes on highly-targeted sophisticated web search and information retrieval services based on world-class technologies like a proprietary machine-learning method MatrixNet. Yandex provides localized services for its users, as well as enables them to search for websites in other languages. In addition to web search the company offers dozens of free online services, granting access to extensive local, national and international information. The services include maps; traffic jams information; photo hosting; cloud storage; news service; spam-free email and many others. In 2012, Yandex’s revenue totaled to $947.1 million while net income jumped to $288.7 million. Contextual ads accounted for 87% of the company’s revenues as of Q4 2012.