Yandex
Yandex LLC (Russian: Яндекс, tr. Yandeks, IPA: [ˈjandəks]) is a Russian multinational technology company providing Internet-related products and services, including an Internet search engine called Yandex Search, launched in 1997, information services, e-commerce, transportation, maps and navigation, mobile applications, and online advertising. Yandex Holding Company was incorporated in 2000. As of 2016, it primarily served audiences in Russia, Kazakhstan, Belarus, Turkey and countries with a significant Russian-speaking population.
Headquarters in Moscow | |
Native name | Яндекс |
|---|---|
| Industry | |
| Founded |
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| Founder |
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| Headquarters | Moscow, Russia |
Area served | Worldwide |
Key people |
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| Products | List of Yandex products and services |
| Revenue | $4.84 billion (2021) |
| $189 million (2022) | |
| -$199 million (2021) | |
| Total assets | $8.82 billion (31 December 2022) |
| Total equity | $4.53 billion (31 December 2022) |
Number of employees | 10,227 (2020) |
| Parent | Yandex N.V., Schiphol Boulevard 165, Schiphol Airport, Netherlands |
| Website | |
| Footnotes / references | |
As of 2017, the firm was the largest technology company in Russia. It had more than 30 offices worldwide in 2018. Its main competitors in the Russian market are Google, Microsoft, VK, and Rambler. Yandex Search has the largest market share of any search engine from Europe and the Commonwealth of Independent States, and is the third largest search engine worldwide after Google and Bing.
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. Yandex N.V. is listed on Nasdaq and has a secondary listing on the Moscow Exchange, although trading in Yandex shares on Nasdaq was suspended in February 2022.
In February 2024, Yandex N.V. announced the sale of the majority of its Russia-based assets to a consortium of Russia-based investors.