|Traded as||NASDAQ: YNDX|
|Founded||1997: Yandex search launched by CompTek
2000: Yandex company founded
|Headquarters||Lev Tolstoy st. 16, Moscow, 119021, Russia|
|Area served||Russia, Ukraine, Kazakhstan, Belarus and Turkey|
|Key people||Arkady Volozh, CEO
Ilya Segalovich, CTO
|Revenue||39.5 billion rub. (2013)|
|Operating income||12.8 billion rub. (2013)|
|Net income||13.5 billion rub. (2013)|
|Total assets||34.07 billion rub. (2011)|
|Total equity||28.95 billion rub. (2011)|
|Website||www.yandex.ru www.yandex.ua (Ukrainian version) www.yandex.com (English version) www.yandex.com.tr (Turkish version)|
Yandex (Russian: Яндекс) is a Russian Internet company which operates the largest search engine in Russia with about 60% market share in that country. It also develops a number of Internet-based services and products. Yandex ranked as the 4th largest search engine worldwide, based on information from Comscore.com, with more than 150 million searches per day as of April 2012, and more than 50.5 million visitors (all company's services) daily as of February 2013. The company's mission is to provide answers to any questions users have or think about (explicit or implicit). Yandex also has a very large presence in Ukraine and Kazakhstan, providing nearly a third of all search results in those markets and 43% of all search results in Belarus.
The Yandex.ru home page has been rated as the most popular website in Russia. Yandex attracts more than 56 million users from all over the world. The web site also operates in Belarus, Kazakhstan, Ukraine and Turkey. Another company, Yandex Labs, is a wholly owned division of Yandex that is located in the San Francisco Bay Area.
According to research studies conducted by TNS, FOM, and Comcon, Yandex is the largest resource and largest search engine in the Russian Internet market, based on audience reach. Yandex currently has a market share of over 60% in Russia's search engine market by traffic.
Yandex' main competitors on the Russian market are Google, Mail.ru and Rambler. Yandex is therefore one of the national non-English-language search engines (with, among others, Naver, Seznam.cz and Baidu) that pose as significant competitors for Google in their respective countries.
Yandex's roots trace back to 1990, when Arkady Volozh and Arkady Borkovsky founded the company Arkadia, which developed MS-DOS software for use in patents and goods classification. Their software featured a full-text search with Russian morphology support. In 1993 Arkadia became a subdivision of Comptek International, another company founded by Volozh in 1989. In 1993-1996 the company continued developing its search technologies and released software for searching through the Bible and Russian classical literature.
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. The name initially stood for "Yet Another iNDEXer". The Russian word "Я" ("Ya") corresponds to the English personal pronoun "I", making "Яndex" a bilingual pun on "index". Another pun is based on the yin and yang contrast (Russian: инь - индекс, ян - яндекс).
The search engine yandex.ru was launched on September 23, 1997 and was publicly presented at the Softool exhibition in Moscow. Initially the search engine was developed by Comptek. In 2000 Yandex was incorporated as a standalone company by Arkady Volozh.
Yandex's revenue comes primarily from online advertisement. In 1998 Yandex launched contextual advertisement on its search engine. In 2001 it launched the Yandex.Direct advertisement network. Yandex LLC became profitable in November 2002. In 2004, Yandex sales increased to $17M, which was 10 times greater than the company's revenue just two years earlier. The net income of the company in 2004 constituted $7M. In June 2006, the weekly revenue of Yandex.Direct context ads system exceeded $1M. All of Yandex's accounting measures have been audited by Deloitte Touche Tohmatsu since 1999.
In September 2005 Yandex opened an office in the Ukraine and presented the Ukrainian portal, www.yandex.ua. In 2008 Yandex extended its presence in Ukraine by increasing bandwidth between Moscow datacenters and UA-IX in Ukraine five times. In 2007 Yandex introduced a customized search engine for Ukrainian users; Yandex also opened its development center in Kiev in May 2007. In 2009, all services of www.yandex.ua were localized for the Ukrainian market. In 2010, Yandex launched its "Poltava" search engine algorithm for Ukrainian users, based on Yandex's MatrixNet technology and ranking local resources higher for location-based queries.
In June 2008 Yandex acquired SMI Link, a Russian road traffic monitoring agency, to merge it with Yandex.Maps services.
Yandex also founded Yandex Labs in 2008. The main objective of the company, located in the San Francisco Bay area, is to foster "innovation in search and advertising technology".
In August 2009 Yandex introduced a player of free legal music in its search results. A little over a year later Yandex launched the Yandex.Music service and significantly extended its music catalogue to 800,000 tracks from 58,000 performers.
In 2010 Yandex launched the Yandex.Start program to find startups and to work with them systematically. As a result of the program, Yandex purchased WebVisor's behavior analysis technology in December 2010. In January 2011 the next startup, single sign-in service Loginza, was acquired by Yandex.
In January 2011 Yandex introduced premium placement opportunity in its Business directory; advertisers' local small businesses will be highlighted on a map for relevant queries. It was announced that the potential audience of the product includes over 25 million users of Yandex's search engine and over 11.5 million of Yandex.Maps.
In spring 2011 Yandex raised $1.3 billion in an initial public offering on NASDAQ. It was the biggest U.S. IPO for a dotcom since Google Inc. went public in 2004. Among the largest investors in Yandex were Baring Vostok Capital Partners and Tiger Global Management.
In September 2011 Yandex launched a search engine and a range of other services in Turkey, at yandex.com.tr. The company also opened an office in Istanbul.
In March 2013 it was revealed that a motion movie production about the history of Yandex is in the works.
March 2014 Yandex acquired Israeli geo location startup KitLocate.
Yandex Search and other products rely on many technologies.
In 2009 Yandex launched MatrixNet, a new method of machine learning. It allows Yandex's search engine to take a very large number of factors into account when ranking search results. MatrixNet also allows customization of ranking formulae to a specific class of search queries. For example, music searches may be fine-tuned without undermining the quality of ranking for other types of queries.
In July 2010 Yandex developed and implemented a real-time search. Yandex Search learned to recognize search queries that refer to the latest events and a new searchbot named Orange was launched for real-time indexing.
Yandex continued to expand throughout 2010 with a new search technology named Spectrum. Once again the idea behind it was to understand what the user may want. If a query is ambiguous, the system will use query statistics to guess the user's intents. So, if the majority of users searching for Gone with the Wind expect to find a film, the majority of search results will be about the film, not the book.
Yandex has also developed a method to search for and categorize duplicate images. The technology was implemented in Yandex's image search product, Yandex.Images. When it finds duplicated copies, it categorizes them into four groups: exact duplicates, thumbnail duplicates, semi-duplicates and enhanced semi-duplicates.
Another Yandex service, Yandex.Traffic, calculates the average levels of city traffic congestion using data from drivers who use the mobile version of the Yandex.Maps service. The technology processes GPS tracks and merges all available information on traffic jams.
- Yandex Search- search engine
- Yandex.Mail - email service
- Yandex.Disk - cloud storage
- Yandex.Maps - maps
- Yandex.Panoramas - web service allows you to view the panorama streets of cities in Russia, Ukraine, Belarus, Kazakhstan, and Turkey, which is the empowerment of the service Yandex.Maps
- Yandex.News - automatic data processing and systematization of the news media of different
- Yandex.Translate - online translator
- Yandex.Video - search for movies with the ability to view the majority found clips on the search results page and free video hosting
- Yandex.Music - service that helps you to search for free and legally listen to songs, albums and music tracks collections
- Yandex.Slovari - service to search for information on sites and encyclopedic reference content as well as on the basis of digitized by Yandex dictionaries and reference books
- Yandex.Catalog - directory sites
- Yandex.Market - comparison service characteristics of the goods and their prices
- Yandex.Fotki - free photo hosting
- Yandex.Zakladki - project for storing custom bookmarks outside a browser (online)
- MoiKrug - social network aimed at establishing business contacts
- Ya.ru - blog platform
- Yandex.Money - electronic payment service
- Yandex.Direct - automated, auction-based system for placement of text-based advertising
- Yandex Metrics - a free service designed to measure websites visits and analysis of user behavior
- Yandex Browser - web browser that uses the Blink layout engine and is based on the Chromium open source project. The browser checks webpage security with the Yandex security system and checks downloaded files with Kaspersky anti-virus. The browser also uses Opera Software's Turbo technology to speed web browsing on slow connections.
- Yandex Elements - add-on for web browsers Microsoft Internet Explorer, Mozilla Firefox, Opera and Google Chrome, that allows you to significantly enhance their functionality and improve usability.
- Yandex.Store - application store for Android powered devices
- Yandex.Shell - three-dimensional interface for smartphones and tablets on the Android platform
- Yandex.Music - audio player with pay to access music catalog
Beginning in 2001, Yandex conducted regular Internet search algorithm contests under the name of the "Yandex Cup", attracting thousands of participants and awarding prizes. Yandex kept the value of the grand prizes relatively small in order to emphasize that the purpose of the competitions was to bring together gifted, enthusiastic competitors. The ninth and last competition was held in 2009.
On July 6, 2006, Yandex and the BBC simultaneously hosted a webcast which used viewers' questions to interview Russian President Vladimir Putin. Yandex and the BBC dealt with the Russian-language and the English-language questions respectively. Yandex was represented by Aleksandr Gurnov, a famous Russian journalist and celebrity.
In 2007 Yandex launched Local Network Program; by renting dedicated channels, Yandex became a local resource for most of the Russian Web users. By December 2008 Yandex had a local presence in every federal district in Russia.
In Mozilla Firefox 3.5 and subsequent versions Yandex is the default search engine for Russian-language builds rather than the previous default (Google). Yandex also distributes customized releases of Opera, Internet Explorer, Firefox and Chrome browsers, which include the Yandex.Bar add-on and other modifications catering to the Russian-speaking audience. Yandex has since released its own browser based on the Chromium open source project.
Error 404 messages
Yandex provides users with strange Error 404 messages. These messages can be found by altering the URL so that the site is still Yandex.com but the page does not exist. The images for the pages were designed by Roma Voroneshski and were released on February 20, 2003.
Yandex supports many educational projects:
- School of Data Analysis in Moscow
- School of Data Analysis in Ekaterinburg
- School of Data Analysis in Minsk
- Computer Science Center in Saint Petersburg
Conferences and student schools
Yandex supports several conferences and student schools in Computer Science:
- Russian Summer School in Information Retrieval (RuSSIR)
- Russian Information Retrieval Evaluation Seminar (ROMIP)
- "2010 Form 10-K, Yandex". Google.
- "INVESTOR RELATIONS FAQ". Yandex. Retrieved November 2013.
- Clayton, Nick (11 February 2013). "Yandex Overtakes Bing as World's Fourth Search Engine". Wall Street Journal. Retrieved 2013-02-21.
- "Yandex Today". Company.yandex.com. Retrieved May 23, 2012.
- Khan, Sardar Mohkim (4 May 2011). "Russian Search Engine Yandex Shared Information With FSB". articstartup.com. Retrieved 2013-03-16.
- "Top Sites in Russia". Alexa. Retrieved May 5, 2011.
- comScore, December 2010
- "Yandex.Company — Yandex Launches in Turkey". Company.yandex.com. Retrieved 2012-09-10.
- Yandex Rallies on Q4 Results, Forbes.com, February 22, 2012.
- "Liveinternet stats provider, Russian sites visited by Russians".
- Ioffe, Julia (2009-02-09). "Google's Russian threat". CNN.
- "История Яндекса". Company.yandex.ru. Retrieved 2012-09-10.
- "Emerging Leader: Arkady Volozh | Thomas White International". Thomaswhite.com. May 29, 2012. Retrieved 2012-05-29.
- About Yandex — History of Yandex. Retrieved May 24, 2011. Archived copy.
- "Yandex Representative Office Now in Ukraine". Company.yandex.com. Retrieved May 5, 2011.
- "Yandex Presents www.yandex.ua". Company.yandex.com. September 20, 2005. Retrieved May 5, 2011.
- "Yandex Extends its Presence in Ukraine". Company.yandex.com. August 20, 20. Retrieved May 5, 2011.
- "Yandex Learns Languages". Company.yandex.com. 2009-11-19. Retrieved May 5, 2011.
- "Yandex Search for Ukraine’s Every Region". Company.yandex.com. 2010-07-27. Retrieved May 5, 2011.
- "moikrug.ru". moikrug.ru. Retrieved 2012-10-09.
- [dead link]
- "Yandex buys Russian road traffic monitoring agency Smilink".
- "Yandex Releases Punto 3.0". Company.yandex.com. September 9, 2008. Retrieved May 5, 2011.
- "Yandex Labs". Company.yandex.com. Retrieved May 5, 2011.
- "Enhanced Music Streaming on Yandex". Company.yandex.com. September 22, 2010. Retrieved May 5, 2011.
- "Вы только послушайте! - Блог Яндекса - я.ру". Clubs.ya.ru. Retrieved May 5, 2011.
- "Yandex Adds Foreign Content to Its Search Index". Company.yandex.com. May 19, 2010. Retrieved May 5, 2011.
- Александр Амзин (2010-05-19). "Медиа: Яндекс.Забугорье". Lenta.ru. Retrieved May 5, 2011.
- "Yandex opts for latin script to broaden market reach – RT". Rt.com. Retrieved May 5, 2011.
- "Russian search engine looks to challenge Google - paper, Russia, RIA Novosti". En.rian.ru. May 19, 2010. Retrieved May 5, 2011.
- "Yandex Launches Foreign-Language Search Engine, Business". The Moscow Times. May 20, 2010. Retrieved May 5, 2011.
- "Yandex Supports Startups". Company.yandex.com. 2010-12-24. Retrieved May 5, 2011.
- Mike Butcher Dec 24, 2010 (December 24, 2010). "Yandex Acquires WebVisor’s Behavior Analysis Technology, Team". Techcrunch.com. Retrieved May 5, 2011.
- O'Hear, Steve (January 27, 2011). "Yandex Acquires Single Sign-In Service Loginza". Techcrunch.com. Retrieved May 5, 2011.
- Yandex Geo-targeted Ads in Maps, Search Results Open for Business, Search Engine Watch, 28.01.2011
- "Yandex Offers Geo-targeted Ads to Businesses". Company.yandex.com. January 26, 2011. Retrieved May 5, 2011.
- [dead link]
- Rusli, Evelyn M. (May 24, 2011). "Yandex Shares Soar 55% in Market Debut". The New York Times.
- Baring Vostok-backed Yandex files for IPO. AltAssets, May 3, 2011
- "tweetedtimes.com". tweetedtimes.com. Retrieved 2012-10-09.
- Andrews, robert (August 26, 2011). "Yandex buying twitter 'newspaper' maker the tweeted times". Retrieved October 11, 2011.
- "Yandex Acquires SPB Software Developer to Expand Mobile Products". November 28, 2011. Retrieved November 28, 2011.
- Wauters, Robin. (2013-03-14) They're Making A Movie About Yandex (Sans Justin Timberlake). Thenextweb.com. Retrieved on 2013-09-09.
- Lunden, Ingrid (October 15, 2013). "Yandex Buys KinoPoisk, ‘Russia’s IMDb’". techcrunch. Retrieved October 26, 2013.
- "Russian Search Giant Yandex Acquires Low-Power Mobile Geolocation Startup KitLocate". techcrunch. March 19, 2014. Retrieved March 19, 2014.
- "MatrixNet: New Level of Search Quality". Company.yandex.com. Retrieved May 5, 2011.
- "Yandex Searches In Real Time". Company.yandex.com. July 9, 2010. Retrieved May 5, 2011.
- "Yandex Search Can Read Mind". Company.yandex.com. December 15, 2010. Retrieved May 5, 2011.
- "Spectrum". Company.yandex.com. Retrieved May 5, 2011.
- O'Hear, Steve (December 15, 2010). "Russian search engine Yandex gets a semantic injection". Eu.techcrunch.com. Retrieved May 5, 2011.
- "Russian Search Engine Yandex Begins Predicting User Intent Using "Spectrum"!". Multilingual-search.com. January 5, 2011. Retrieved May 5, 2011.
- "Yandex Traffic Jam Technology Overview". Company.yandex.com. Retrieved May 5, 2011.
- "Ъмдейя.Йсанй". Kubok.yandex.ru. Retrieved May 5, 2011.
- "Кубок Яндекса – Википедия" (in (Russian)). Ru.wikipedia.org. April 17, 2011. Retrieved May 5, 2011.
- "Yandex: "we respect the champions"". Codeforces. Retrieved May 25, 2011.
- "Last Yandex Cup, Last Vacancy for a Champion | Yandex Company Press center". yandex.com. 2008-10-01. Retrieved 2012-05-29.
- "Yandex Launches Local Network Program". Company.yandex.com. December 10, 2007. Retrieved May 5, 2011.
- "Yandex's Local Network in Every Federal District". Company.yandex.com. December 5, 2008. Retrieved May 5, 2011.
- © Коллаж РИА Новости. ""Яндекс" и ICQ прекращают сотрудничество, Технологии, Лента новостей "РИА Новости"". Rian.ru. Retrieved May 5, 2011.
- Shankland, Stephen (January 9, 2009). "Firefox in Russia dumps Google for Yandex". CNET News. Retrieved 2009-01-10.
- "Google Translate". Google. Retrieved May 5, 2011.
- "Yandex launches its own browser targeting Russian market". Engadget. Retrieved October 2, 2012.
- [dead link]
- Yandex 404 pages. Artlebedev.com (2003-02-20). Retrieved on 2013-09-09.
|Wikimedia Commons has media related to Yandex.|
- www.yandex.ru—Yandex Portal (Russian)
- yandex.com Yandex English-only search engine (English)
- Yandex today (English)
-  -mobile apps in App Store (iOS)
-  -mobile apps in Google Play
-  -mobile apps in Windows Phone Store
- Yandex in review: Everything you should know about Russian search giant - East-West Digital News - May 2011
- Yandex vs. Google: Why the US giant failed to conquer Russia - East-West Digital News - May 19, 2011
- Where Google Isn't Goliath
- Russians dent Google’s world domination