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Russian Deal Round-Up: Oktogo.ru, Hearst Shkulev Digital, Yandex

Files under: News
Posted by: admin @ 01:57 [17. 03. 13]

The group of venture capital firms VTB Capital, Mangrove Capital Partners, Ventech and Victor Sazhin Group has invested $11 million in Oktogo.ru, a leading hotel booking site in Russia. Founded in 2010, Oktogo.ru is headed by CEO Marina Kolesnik.  Focused on Russian travelers, Oktogo.ru offers more than 5,000 hotels in Russia and 250,000 hotels worldwide. [...]

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 2012 Financial Results: 50% Year-on-Year Revenue Growth

Files under: News
Posted by: admin @ 06:39 [31. 07. 12]

Today, the leading Russian search engine company Yandex (NASDAQ: YNDX) announced its unaudited financial results for the second quarter of 2012 ended June 30, 2012. Yandex completed $1.4 billion IPO on NASDAQ in May 2011. In Q2 2012, Yandex reported revenues of RUR 6,801 million ($207 million), up 50% from Q2 2011, operating income of [...]

Yandex 2011 Financial Results: Revenues Up 60%

Files under: News
Posted by: admin @ 03:34 [22. 02. 12]

The leading Russian search engine and contextual advertising company Yandex (NASDAQ: YNDX) has announced its financial results for Q4 2011 and full-year 2011. Driven by a 56%-annual growth in the Russian online advertising spendings, Yandex rouble-based annual revenues has grown 60% to 20 billion ($622 million). Yandex completed $1.3 billion IPO on NASDAQ in May [...]

Yandex to Launch People Search From Social Networks

Files under: News
Posted by: admin @ 04:46 [20. 02. 12]

The leading Russian search engine and search advertising company Yandex has launched people search at Yandex.ru, according to Yandex.News. The Yandex social networking search is available at people.yandex.ru. For people search, Yandex has indexed 250 million people’s profiles from 15 social networks and blog services Vkontakte (VK.com), Facebook, Odnoklassniki, Linkedin, Google+, Ya.ru, Moi Krug, Twitter, [...]

Why Yandex Put $15 million For A Small Stake in Blekko Search Engine?

Files under: News
Posted by: admin @ 11:33 [2. 10. 11]

The leading Russian search engine company Yandex, which completed $1.3 billion IPO on NASDAQ in May 2011, invested $15 million in Blekko, U.S.-based search engine company this week. It’s not clear why Yandex, which is loosing its market share to Google in Russia, put $15 million for a small stake in a tiny search engine [...]

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 IPO Creates Bonanza for Cisco Russian Fund Almaz Capital

Files under: Enterprise, Inside View, Mobile, News, Tech, Web 2.0
Posted by: admin @ 08:57 [26. 05. 11]

Almaz Capital Russia Fund I, Russia-focused venture capital fund that is backed by Cisco, shall have returned all money to investors with just two investments, fund’s Managing Partner Alexander “Sasha” Galitsky revealed on twitter. Those investments should have been made by Almaz in Qik and Yandex. Almaz‘s first close was at $60 million. Then, Almaz [...]

Yandex (YNDX) Shares Close Up 55% at $38.84 Per Share at First Trading Day

Files under: News, Tech, Web 2.0
Posted by: admin @ 00:20 [25. 05. 11]

Yandex completed $1.3 billion IPO on NASDAQ yesterday, on May 24. Its shares (symbol “YNDX“) surged 55% from $25.00 to $38.84 at the first day of trading. More than 70 million Yandex shares changed hands, which is larger than Yandex IPO volume of 52.2 million shares. Yandex IPO underwriters included Morgan Stanley, Deutsche Bank Securities, [...]

Yandex Shares Up 40% to $35 Per Share Since Debut

Files under: News, Tech
Posted by: admin @ 11:06 [24. 05. 11]

Today, Yandex shares started trading on NASDAQ under the symbol “YNDX“. The shares are up 40% to $35 per share, implying a market cap of over $11 billion. In honor of the occasion, Arkady Volozh, CEO of Yandex, rang the Opening Bell of the NASDAQ Stock Market. The Yandex team visited the NASDAQ MarketSite in [...]

Yandex $1.3 Billion IPO Today; Yandex Valued at $8 Billion

Files under: News, Tech
Posted by: admin @ 02:40 [24. 05. 11]

The leading Russian search engine and contextual advertising company Yandex will price its shares at $25 per share at IPO. The IPO will value Yandex at $8 billion. Today, the shares of Yandex will start trading on NASDAQ under the symbol “YNDX“. Yandex will raise $385 million at IPO for potential investments and acquisitions. The [...]

Yandex IPO Terms Revealed; Bigger than Mail.ru Group

Files under: News, Tech, Web 2.0
Posted by: admin @ 11:51 [9. 05. 11]

Russia’s leading search engine company Yandex, which plans to list on NASDAQ under the symbol “YNDX“, has announced terms for its IPO. The company plans to raise between $1,044 million and $1,148 million by offering ca. 52.2 million shares (or ca. 16% of total issued shares after IPO) at a price of between $20 and [...]