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Russian Online Advertising Market Up 35% In 2012; Exceeds Print Ad Spend

Files under: News
Posted by: admin @ 08:46 [6. 02. 13]

According to the Russian Association of Communication Agencies (AKAR), the Russian internet advertising market was valued at 56.3 billion Roubles ($1,877 million) in 2012, up 35 percent from 2011. The contextual advertising spendings were up 45 percent year-on-year to 38.4 billion Roubles ($1280 million) in 2012 and accounted for 68 percent (vs. 63 percent in [...]

Mail.ru Group 2011 Financial Results: Revenues Up 59% To $515 Million

Files under: News
Posted by: admin @ 01:57 [24. 02. 12]

The leading Russian internet company Mail.ru Group has announced its 2011 full-year financial results. Mail.ru Group reported total revenues of $515 million in 2011, up 59 percent from 2010, EBITDA of $283 million in 2011, up 137 percent from 2010, and net profit of $208 million in 2011, up 157 percent from 2010. Mail.ru Group [...]

Russian Internet Advertising Market up 56% to $1.4 Billion in 2011

Files under: News
Posted by: admin @ 13:00 [21. 02. 12]

According to the Russian Association of Communication Agencies (AKAR), the Russian internet advertising market was valued at 41.8 billion Roubles ($1,393 million) in 2011, up 56 percent from 26.8 billion Roubles ($893 million) in 2010. The contextual advertising spendings were up 63 percent year-on-year to 26.5 billion Roubles ($883 million) in 2011 and accounted for [...]

Yandex Reports 2010 Revenues of $410 Million

Files under: News, Search Cases, Tech
Posted by: admin @ 11:56 [19. 01. 11]

The leading Russian search engine and contextual advertising provider, Yandex reported 2010 revenues of 12.5 billion Roubles (US$ 410 million), up 43% year-on-year from 8.7 billion Roubles in 2009, the company said. The leading Internet advertising company in Russia, Yandex has managed to outgrow the Russian internet advertising market that increased almost 40% last year. [...]

Mail.ru 2008 Revenues up 45% to $75 Million

Files under: News
Posted by: Quintura @ 14:00 [23. 06. 09]

The leading Russian online portal Mail.ru, which is owned by Digital Sky Technologies (DST) and Naspers, has announced 2008 financial results according to US GAAP. The company accounts were audited by Ernst & Young. Mail.ru 2008 revenues were $74.6 million, up 45% from 2007. The net income was $34.3 million in 2008, up 29% from [...]

Russian Internet Advertising Market Reached $590 Million In 2008

Files under: News
Posted by: Quintura @ 03:04 [13. 02. 09]

The online advertising market in Russia was valued at 14.7 billion rubles ($590 million) in 2008, up 55 percent from 2007, according to a report from MindShare Interaction. The Russian contextual advertising accounted for 8.9 billion rubles ($357 million) or 60 percent of total online advertising spending, while display advertising accounted for 5.8 billion rubles [...]

Yandex To Raise Up To $2 Billion at IPO In Fall 2008

Files under: News, Tech, Web 2.0
Posted by: Quintura @ 23:36 [20. 05. 08]

The leading Russian search engine Yandex is expected to raise up to $2 billion at initial public offering (IPO) of shares in New York in the upcoming autumn based on the company’s preliminary valuation of $5 billion, according to Reuters. Yandex is said to have mandated the investment banks Morgan Stanley, Deutsche Bank and Renaissance [...]