The leading Russian search engine Yandex was the ninth largest search property worldwide with 566 million searches in December 2007, capturing 0.9 percent of global search share, according to comScore. Yandex reported its search engine had 31.5 million visitors and 587 million searches last December.
In his recent interview to CenterNetworks, Yandex CTO Ilya Segalovich said that Yandex has 35 million searches per day. His data will imply Yandex has over 1 billion searches per month.This 1 billion number should include searches from Yandex partner sites, for example, on our own Quintura.ru that is powered by search results from Yandex or the leading Belarussian portal TUT.by.
In fact, Yandex should be ranked the seventh above Time Warner Network (AOL, etc.) with 1,062 million searches and Ask Network (Ask, etc.) with 728 million searches last December.
The Yandex revenues, which have been doubling for the past five years, should reach more than $140 million in 2007. The revenues mostly come from search and contextual advertising. In his interview to Newsweek last November, Yandex co-founder and CEO Arkady Volozh (who I met in person several times) provided a key to Yandex success as “serve local users’ needs”.
Yandex was recently named Technology Pioneer 2008 by the World Economic Forum. The forum is currently taking place in Davos, Switzerland.
Please read Michael Arrington of TechCrunch insights into the forum life.