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Russia: Yandex latest figures

Russia's largest internet company holds 61% of search market.

25 April 2013

Val Skelton

Yandex has released its latest results. Highlights include:

Year on year revenues up 36%
Quarterly revenues total RUR 8billion
Share of Russian Search market 61.6% (up 2.2% year on year)
Advertising customer base up 26%
Advertising revenues equal to those of Russia's leading TV channel
Operating income up 57% year on year

Source and more information TheNextWeb

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Russia: Yandex latest figures

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