The leading Russian search engine Yandex has reached 63 percent share of searches in Russia in Q1 2010, ahead of Google with 22 percent share, Mail.ru with 8 percent and Rambler with 3 percent, reported Vedomosti.ru by citing internet statistics service LiveInternet.ru. Yandex released new homepage last week.
The rise of Yandex search share can be explained by an introduction of a new machine learning algorithm, MaxtrixNet last November that improves search relevancy and active promotion of Yandex search engine via web-browser add-on Яндекс.Бар and own web browser Яндекс.Хром (Yandex.Chrome).
Yandex could resume IPO plans at its Board meeting in upcoming fall, recently reported Infox.ru. The IPO, which could value Yandex at $2 billion, will provide the shareholders of Yandex with a liquidity option.
Click to download Quintura search apps for iOS, Android and Symbian.