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Yandex Did Almost $1 Billion In Revenue Last Year

Files under: News
Posted by: admin @ 14:18 [19. 02. 13]

The Russian search engine company Yandex (NASDAQ: YNDX), which has recently become the world’s 4th largest search engine ahead of Bing, has announced its financial results for the fourth quarter and the full year ended December 31, 2012. Yandex completed $1.4 billion IPO on NASDAQ in May 2011. In Q4 2012, Yandex reported revenues of [...]

Yandex Second Quarter 2011 Results Show Strong Growth

Files under: News
Posted by: admin @ 06:41 [28. 07. 11]

Today, the leading Russian search engine company Yandex (NASDAQ: YNDX) announced its unaudited financial results for the second quarter of 2011 ended June 30, 2011. Yandex completed $1.3 billion IPO on NASDAQ in May 2011. In Q2 2011, Yandex reported revenues of RUR 4,541 million ($161.7 million), up 57% from Q2 2010, operating income of [...]

Yandex Plans $1 Billion IPO on NASDAQ in Summer 2011

Files under: News, Tech, Web 2.0
Posted by: admin @ 02:11 [21. 02. 11]

// The leading Russian search engine and contextual advertising company, Yandex plans $1 billion IPO on NASDAQ in June – July 2011, reported newspaper Vedomosti. The company hired investment banks Deutsche Bank and Morgan Stanley to manage the IPO, the paper said. The shares to be sold at IPO will come mostly from existing shareholders [...]

Mail.ru Reports Revenues $126 Million in 2009, Up 67%

Files under: News, Tech, Web 2.0
Posted by: Quintura @ 06:35 [24. 06. 10]

Russia’s leading online portal company, Mail.ru has reported total revenues of US$ 126.4 million in 2009, up 67% from 2008, according to International Accounting Standards, the company reported. In Russian Rubles, Mail.ru doubled ts revenues last year. Mail.ru’s EBITDA reached $55.5 million in 2009, up 23% from 2008. The Mail.ru‘s EBITDA margin was 44%. Most of [...]

Yandex Reports First USD Revenue Slide in Company’s History

Files under: Enterprise, News, Tech
Posted by: Quintura @ 06:02 [1. 02. 10]

The leading Russian search engine and contextual advertising provider, Yandex reported that its 2009 revenues were up 14% year-on-year to 8.7 billion Rubles. Due to Ruble devaluation in 2009, the Yandex revenues in USD decreased 9% year-on-year from $300 million in 2008 to $274 million in 2009. Being the leader in Internet advertising in Russia, [...]

Russia’s Largest Bank Sberbank Purchases Golden Share at Yandex

Files under: News
Posted by: Quintura @ 15:52 [23. 09. 09]

On its 12th birthday, the leading Russian search engine company, Yandex announced that it has issued a priority (“golden“) share to Russia’s largest bank, Savings Bank of the Russian Federation (Sberbank) for the nominal par value of EUR 1. As a result, Sberbank has rights to veto accumulation of stakes in Yandex N.V., owner of [...]

UFG, BVCP and Tiger Acquire 9% of Yandex for $100 Million

Files under: News
Posted by: Quintura @ 04:27 [15. 09. 09]

The consortium of private equity funds managed by UFG Asset Management, Baring Vostok Capital Partners (BVCP) and Tiger Global Management has acquired 9 percent shares in Russia’s leading search engine company, Yandex for $100 million from private investors and shareholders, reported Vedomosti. The transaction valued Yandex at $1.1 billion. The private equity funds managed by [...]

Yandex 2008 Revenues Up 80%, Keep Growing in 2009

Files under: News
Posted by: Quintura @ 20:31 [5. 02. 09]

I have attended the session on Internet advertising at The Russia Forum 2009 today. The panel included CEOs of leading Russian Internet, media and advertising companies: Yandex, Rambler, Odnoklassniki.ru, Kommersant Publishing House, IMHO VI, and the others. The forum is organized by leading Russian investment bank, Troika. Yandex CEO Arkady Volozh has revealed at the [...]