Yandex announced on Friday it has invested in US search engine company Blekko.com. The Russian search giant invested $15 million out of a total of $30 million attracted in the round in exchange for an approximate 10% stake in the company, Yandex reported to East-West Digital News.
The share price of Russian search giant Yandex, introduced on NASDAQ in May, hit a historic low yesterday at $21.17 before closing at $22.6 – well below the company’s IPO offer price of $25 and almost two times below the peak level, $42.01, reached shortly after the stock was listed. Investor defiance peaked on Wednesday …
Painful week for Yandex on NASDAQ after market share drops and patch up work goes wrong Read More
Russia’s Mail.ru Group, which leads the Russian-speaking Internet in terms of traffic, plans to double the number of developers working on its own Internet search mechanism, Russian business daily RBС reported on Tuesday, based on information provided by Mail.ru Group. Mail.ru plans to increase its share of the Russian Internet search market in the future, …
Mail.ru doubles investments in its own search engine Read More
Yandex announced today that it has launched a Turkish version of its search engine along with a range of other services created specifically for web users in Turkey – including webmail, news aggregation and automated translation services. Until now, the Turkish market has been dominated by search giant Google, with a market share exceeding 93% …
NASDAQ-listed Russian search engine giant Yandex announced last Friday it fully acquired The Tweeted Times, a website offering social news services, for an undisclosed amount. Yandex aims to use the technologies developed by The Tweeted Times to enhance its search and content services with information from social networks.
Russia’s leading search engine Yandex has lowered its rankings of over 1,000 Russian websites because the sites used illegitimate search engine optimization – or SEO – methods, according to unnamed SEO experts quoted by Russian business daily Vedomosti. SEO service providers RBS, Megaseo, Perfectseo, Userator, and Megaindex are expected to be particularly hard hit by Yandex’s …
Yandex downgraded rankings of over 1,000 websites for illegitimate SEO techniques Read More
Three major court cases involving violation of electronic copyright came into the spotlight in Russia over the past two weeks, revealing a steady – though controversial – progress in the application of copyright related legislation in the country.
Yandex and Rambler have teamed up in an bilateral exchange of search and advertising services. Starting today, Rambler’s search services will be powered by Yandex and Rambler will join Yandex.Direct, Yandex’s Ad Network.
Moscow based web consulting firm Ashmanov & partners, together with leading Russian financial group Finam and lesser known Kazakhstani real estate developer Kusto, are set to enter the Vietnamese web search market by October, Russian business daily Kommersant wrote on Monday, citing sources close to partners in the venture. The project could receive “several hundred …
Russian firms Ashmanov and Finam to chase Google in Vietnam Read More
Yandex triumphantly started trading yesterday on NASDAQ, with its shares subscribed 17 times more than had been made available, reported Reuters from an unnamed source. After initially considering a $20 to $22 price range per share, the company defined its IPO pricing at $25 per share, but after trading started, the price surged to nearly …
Yandex shares oversubscribed 17 times, surge up to 60% over initial pricing Read More
Yandex looks to raise up to $1.1 billion offering 52 million shares between $24 to $25 a share, up from an initially considered price of $20 to $22, commanding a market value around $7 billion. Yandex will list on the NASDAQ under the symbol YNDX starting from May 23, 2011. In light of this IPO, East-West …
1. Yandex is more than a search engine Since its launch in 1997, not only has Yandex become Russia’s number one search engine. Beyond its estimated 55% to 64% share of the search market, Yandex is an integrated Internet company leading in such areas as online maps and location based services, news aggregation services, streaming music …
Seven things you need to know to be a Yandex expert Read More
