About Yandex

History

Yandex is a technology company that builds intelligent products and services powered by machine learning. Our goal is to help consumers and businesses better navigate the online and offline world. Since 1997, we have delivered world-class, locally relevant search and information services. Additionally, we have developed market-leading on-demand transportation services, navigation products, and other mobile applications for millions of consumers across the globe. Yandex, which has over 30 offices worldwide, has been listed on the NASDAQ since 2011.

Development

Yandex’s history began in the early 1990s – long before the company was founded. Yandex as a company appeared in 2000, three years after the launch of the web portal yandex.ru. At that point there were only 25 names on the new company's payroll and all data Yandex processed could fit on a single server. Now Yandex has offices and representations in ten countries, employing over 12,000 people. In our home market, Russia, our share of all search traffic is 60.2% (Yandex.Radar, Q4 2021). We also operate in Belarus, Kazakhstan and Turkey.

Almost half of our revenues are derived from contextual advertising, which delivers ads for products and services based on what web users are looking for. Our Yandex.Direct service was the first and is the largest system for the placement of text-based ads in Russia. In addition to serving advertisements on our own search results pages, we run ads on thousands of third-party websites that make up our Yandex Advertising Network.

Our company became profitable in 2002 and its revenues have been continually growing ever since. In May 2011 Yandex went public on the NASDAQ stock exchange, under the ticker YNDX.

Target

All of Yandex’s products are designed to make people’s lives easier and better. Each helps users to do something that once seemed impossible. A few years ago we couldn’t imagine reading a text in an unfamiliar language without looking up every word in a dictionary, or having the address of the nearest pharmacy at our fingertips anywhere in a city, or getting a taxi without having to wait. Now, all this is completely normal – all these feats have become simple tasks that we take for granted.

Balance of the online ecosystem

Yandex affects the internet ecosystem as much as any other key player on the market. We understand that it is our responsibility to make sure that our influence is beneficial. One of our core values is enhancing and protecting the interests and human rights of our users. To serve the interests of our users, we need an open, diverse environment with a multitude of quality resources.

We develop products and services for users in cooperation with all market participants, taking all interests into consideration. We aim to provide platform solutions and transparent conditions that enable consumers and businesses to enjoy the reciprocal benefits provided by the internet. However, much like the offline world, various parties interests can often be at odds.

Features

Yandex is a technology company that builds intelligent products and services powered by machine learning.
List of popular services

Services

Contact information

Address

Moscow, st. Leo Tolstoy, 16

Telephone

+7 495 739-70-00