![]() ![]() On January 27, 2011, the company acquired single sign-in service Loginza. On January 26, 2011, it introduced premium placement opportunity in its Business directory in which advertisers' local small businesses are highlighted. ![]() In June 2012, it acquired a 25% stake in Seismotech, for $1 million. In November 2011, it acquired software developer SPB Software for $38 million. In September 2011, it invested in Blekko as part of a $30 million financing round. In December 2010, the firm launched Yandex.Start to find startups and work with them systematically, and purchased WebVisor's behavior analysis technology in December 2010. The company was acquired by Facebook in 2012. In September 2010, it invested in a $4.3 million financing round by. In September 2008, the company acquired the rights to the Punto Switcher software program, an automatic Russian to English keyboard layout switcher. on June 16, 2008, Yandex acquired SMILink, a Russian road traffic monitoring agency, to merge with Yandex.Maps services. In March 2007, it acquired Russian social networking service. These include: “We do not develop technology for military purposes”, “We comply with the laws of each country that we operate in and try to constructively contribute to any proposed legislation that concerns technology or the market”, and “The products and services that we make don’t have any persuasion or political overtones” For example, Yandex advertising services do not accept political ads. In 2020 Yandex published its internal operating principles. On June 20, 2008, it announced the formation of Yandex Labs in Silicon Valley, to foster "innovation in search and advertising technology". In 2010, Yandex launched its "Poltava" search engine algorithm for Ukrainian users, based on its MatrixNet technology. In 2009, all services of were localized for the Ukrainian market. In 2008, Yandex extended its presence in Ukraine by increasing bandwidth between Moscow data centers and UA-IX in Ukraine fivefold. ![]() In September 2005, it opened an office in Ukraine and launched In 2007, Yandex introduced a customized search engine for Ukrainian users Yandex also opened its development center in Kyiv in May 2007. In 2000, Yandex was incorporated in Cyprus as a standalone company by Arkady Volozh. In 1998, Yandex launched contextual advertisement on its search engine. Initially, the search engine was developed by Comptek. On September 23, 1997, the search engine was launched and presented at the Softool exhibition in Moscow. Another pun is based on the yin and yang contrast (Russian: инь – индекс, ян – яндекс).īetween 19, the company continued developing its search technologies and released software for searching the Bible. However, this is also a bilingual pun on "index" since "Я" ("ya") means "I" in Russian. The name initially stood for "Yet Another iNDEXer". In 1993, 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. In February 2022, trading in Yandex shares on NASDAQ was suspended and as of June 2023 the suspension of trading remains in effect. is listed on Nasdaq and has a secondary listing on the Moscow Exchange. Yandex LLC's holding company, Yandex N.V., is a naamloze vennootschap (Dutch public limited company) with its head office listed at an address of a virtual office in Amsterdam's Schiphol Airport. ![]() Its main competitors on the Russian market are Google, VK, and Rambler. It has the largest market share of any search engine from Europe and the Commonwealth of Independent States and is the 3rd largest search engine worldwide after Google, Bing. As of 2018 it had more than 30 offices worldwide. As of 2018, it was also the second largest search engine in Turkey, Belarus, China, Uzbekistan, Tajikistan, North Korea, Kyrgyzstan, Kazakhstan, Ukraine & Armenia with a market share of over 26%, 24.7%, 21.81%, 18.6%, 17.16%, 15%, 11.6%, 9.4%, 7.9% & 7.2%, respectively. Īs of 2017, the firm was the largest technology company in Russia and the largest search engine on the Internet in Russian, with a market share of over 58%. As of 2016, it primarily served audiences in Russia and the Commonwealth of Independent States of the former Soviet Union. Yandex holding company was incorporated in 2000. Yandeks, IPA: ) is a Russian multinational technology company providing Internet-related products and services, including an Internet search engine, launched in 1997, information services, e-commerce, transportation, maps and navigation, mobile applications, and online advertising. Yandex N.V., Schiphol Boulevard 165, Schiphol Airport, Netherlands ![]()
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