In what have been a rocky first four months of this year, leading Russian Internet companies saw interest in their stocks ebb and flow. Yandex, Russia’s NASDAQ-listed search giant, was heavily in play. Tiger Global Management, one of the largest pre-2011 IPO Yandex owners, is now completely divested of its Yandex stock, NASDAQ reports.
The NASDAQ-listed Russian search giant Yandex is among the main contributors to a $4.1 million capital injection in SalesPredict, a SaaS technology provider helping B2B companies increase revenues using predictive analytics. Founded in 2012, SalesPredict combines and analyzes prospect and customer data from a company’s CRM database, marketing automation solutions, proprietary data sources, social media, and the …
Yandex invests in Israeli predictive analytics startup Read More
After his departure last month from the position of CEO at VKontakte (VK.com), the social networking site he founded, Pavel Durov announced on Facebook that he has established his “temporary HQ” in an undisclosed “Central European” country. Durov is now working on a new mobile social network, which should launch in autumn of this year. With …
Russia’s search giant Yandex has teamed up with Moscow’s Higher School of Economics (HSE) in order to launch a new computer science faculty at the university. From September 2014 students will be able to enrol in ‘Applied Mathematics and IT’ and ‘Software Engineering’ courses at the faculty, which will offer 180 free places. According to the faculty’s …
Yandex opens new faculty at Moscow’s Higher School of Economics Read More
Earlier this month Yandex, the Russian search giant, released an update of its Russian travel industry report with a focus on the flight tickets market. The report includes a wide range of topics including: Consumer interest and growth in the air ticket, hotel and packaged tour markets Overall interest and conversion growth in the flight ticket …
Bulgaria, Russia and Turkey most demanded flight directions among Yandex users Read More
The Russian government is to get its own search engine. Rostelecom, the national telecom operator, is planning to launch the new service, called Sputnik, within a matter of weeks, the Russian business daily reported last week. Sputnik first came to the public’s attention in October of last year, when it became clear that Rostelecom was actively trying …
Move over Yandex – State owned telecom to launch its own search engine Read More
With a few ill-chosen remarks, Russian President Vladimir Putin has crashed the share price of his country’s largest Internet company, the Google-beating search engine company Yandex. At the time of this writing, Yandex NV, the Dutch-registered parent company of Russia’s search giant, was 16 percent down on Nasdaq. All Russian shares were doing badly because …
Russian seach giant Yandex has completed the sell-off of its Facebook shareholding. Commenting on Yandex’s Form 20-F annual report for foreign private issuers, the Russian business daily Vedomosti estimated that a 142,479 share package sold in two chunks over the past 12 months may have brought the Russian Internet company $8.1 million – a fairly …
Three weeks after Russia asserted that Crimea and the city of Sebastopol have become part of its territory, Facebook and Russian-language social network Vkontakte still categorize the inhabitants of these regions as being located in Ukraine. Meanwhile, two other major social networks, Odnoklassniki (Classmates) and Moi Mir (My World), have already classified them as being part …
Movie theaters around Russia have begun screening new film “Startup”. Russia’s answer to U.S. box-office hit “The Social Network”, the movie tells the story of a pair of Moscow students in the mid-90s who create an internet search engine that becomes one of the largest in the world. Startup is the first Russian film about …
Telling the Yandex story: ‘Startup’ gets off the ground Read More
Nokia’s Android smartphone, Nokia X, announced at the recent Mobile World Congress, comes to the Russian and Belarusian markets equipped with the essential search functionality provided by Yandex. The Finnish company’s first in the X-series of phones premieres today on these markets with the Yandex.Search app already preinstalled and the Yandex search engine as a built-in …
Nokia’s Android phones come to Russia fitted with Yandex apps Read More
Today Yandex, the Russian search giant, announced the acquisition of Israeli startup KitLocate, the developer of an energy-efficient geolocation technology for mobile devices. The solution provides location capabilities, including geo-fencing, motion detection and social location, for location-based apps on the user’s iOS or Android smartphone. Furthermore, it allows location-based apps to request the device’s geographic coordinates less frequently “without …
Yandex acquires Israeli geo-location technology developer KitLocate Read More
