Yandex

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

Yandex LLC
Native name
Яндекс
Company typePrivately held company
Industry
Founded
  • 23 September 1997; 27 years ago (23 September 1997) (Yandex search launched by CompTek)
  • 2007; 17 years ago (2007) (reincorporation of holding company in the Netherlands)
Founder
HeadquartersMoscow, Russia
Area served
Worldwide
Key people
Artyom Savinovsky (CEO)[1]
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
OwnerAlexander Chachava (25%)
Pavel Prass (15%)
Lukoil (15%)
Alexander Ryazanov (10%)
Senior management (35%)
(It is speculated that the publicly identified owners are intermediaries for others)[2][3]
Number of employees
25 431 (2022)
Websiteya.ru
Footnotes / references
[4][5]

Yandex LLC (Russian: Яндекс, romanized: Yandeks, IPA: [ˈjandəks]) is a Russian technology company that provides Internet-related products and services including a web browser, search engine, cloud computing, web mapping, online food ordering, streaming media, online shopping, and a ridesharing company.

Yandex Search is the largest search engine in Russia with an estimated 72% market share in Russia[6] and a 2.8% market share worldwide.[7] Yandex Taxi is the largest ridesharing company in Russia.[8]

Yandex was founded by Arkady Volozh and launched its first product, a search engine, in 1997. Due to its significant media activities in Russia, the company has long faced pressure for control by the government of Russia. In July 2024, in a transaction brought about by international sanctions during the Russian invasion of Ukraine and restrictions on foreign ownership, Nebius Group, the Dutch holding company that owned Yandex, sold its Russian assets to a group of Russian investors for a discounted price of US$5.3 billion.

  1. ^ "Artem Savinovsky appointed general director of Yandex Russian operating subsidiary". Interfax. April 14, 2022.
  2. ^ "Yandex managers to get 35% Consortium.First following divestment". TASS. February 8, 2024.
  3. ^ "Yandex gets a new set of owners". The Bell. February 6, 2024.
  4. ^ ""Яндекс" сменил логотип впервые за 13 лет" [Yandex Changes Logo for the First Time in 13 Years]. RIA Novosti (in Russian). March 31, 2021. Archived from the original on March 31, 2021.
  5. ^ "Главная поисковая страница ′Яндекса′ теперь переадресует на ya.ru" [Yandex's main page has become ya.ru]. RIA Novosti (in Russian). September 12, 2022. Archived from the original on September 12, 2022.
  6. ^ "Search Engine Market Share Russian Federation". StatCounter.
  7. ^ "Search Engine Market Share Worldwide". StatCounter.
  8. ^ Borak, Masha (April 4, 2023). "How Russia killed its tech industry". MIT Technology Review.