Yandex

Share This
« Back to Glossary Index

Yandex is a multinational corporation founded in 1993 by Arkady Volozh and Ilya Segalovich. It’s best known for its search engine[1], Yandex.ru, launched in 1997, which quickly became profitable and is now the largest in Europe and the Commonwealth of Independent States. The company’s headquarters are in Moscow, but it also has over 30 offices worldwide. Yandex has expanded its portfolio over the years, acquiring various companies and launching innovative products, such as the Alisa personal assistant and Yandex Music streaming service. It also has a significant presence in the autonomous vehicle sector. Notably, Yandex is also listed on NASDAQ and the Moscow Exchange, indicating its strong financial standing. Despite facing security[2] challenges and scrutiny, Yandex has refused to compromise on user privacy[3] and remains a significant player in the tech industry.

Terms definitions
1. search engine. A search engine is a vital tool that functions as part of a distributed computing system. It's a software system that responds to user queries by providing a list of hyperlinks, summaries, and images. It utilizes a complex indexing system, which is continuously updated by web crawlers that mine data from web servers. Some content, however, remains inaccessible to these crawlers. The speed and efficiency of a search engine are highly dependent on its indexing system. Users interact with search engines via a web browser or app, inputting queries and receiving suggestions as they type. The results may be filtered to specific types, and the system can be accessed on various devices. This tool is significant as it allows users to navigate the vast web, find relevant content, and efficiently retrieve information.
2. security. Security, as a term, originates from the Latin 'securus,' meaning free from worry. It is a concept that refers to the state of being protected from potential harm or threats. This protection can apply to a wide range of referents, including individuals, groups, institutions, or even ecosystems. Security is closely linked with the environment of the referent and can be influenced by different factors that can make it either beneficial or hostile. Various methods can be employed to ensure security, including protective and warning systems, diplomacy, and policy implementation. The effectiveness of these security measures can vary, and perceptions of security can differ widely. Important security concepts include access control, assurance, authorization, cipher, and countermeasures. The United Nations also plays a significant role in global security, focusing on areas like soil health and food security.
Yandex (Wikipedia)

Yandex LLC (Russian: Яндекс, tr. Yandeks,IPA: [ˈjandəks]) is a Russian multinational technology company providing Internet-related products and services, including an Internet search engine called Yandex Search, launched in 1997, information services, e-commerce, transportation, maps and navigation, mobile applications, and online advertising. Yandex Holding Company was incorporated in 2000. As of 2016, it primarily served audiences in Russia, Kazakhstan, Belarus, Turkey and countries with a significant Russian-speaking population.

Yandex LLC
Native name
Яндекс
Industry
Founded
  • 23 September 1997; 26 years ago (23 September 1997) (Yandex search launched by CompTek)
  • 2007; 17 years ago (2007) (reincorporation of holding company in the Netherlands)
Founder
HeadquartersMoscow, Russia
Area served
Worldwide
Key people
ProductsList of Yandex products and services
Revenue356,171,000,000 Russian ruble (2021) Edit this on Wikidata
28,461,000,000 Russian ruble (2023) Edit this on Wikidata
21,775,000,000 Russian ruble (2023) Edit this on Wikidata
Total assets786,628,000,000 Russian ruble (2023) Edit this on Wikidata
Number of employees
10,227 (2020)
ParentYandex N.V., Schiphol Boulevard 165, Schiphol Airport, Netherlands
Website
Footnotes / references

As of 2017, the firm was the largest technology company in Russia. It had more than 30 offices worldwide in 2018. Its main competitors in the Russian market are Google, Microsoft, VK, and Rambler. Yandex Search has the largest market share of any search engine from Europe and the Commonwealth of Independent States, and is the third largest search engine worldwide after Google and Bing.

Yandex LLC's holding company, Yandex N.V., is a naamloze vennootschap (Dutch public limited company) with its head office listed at an address of a virtual office in Amsterdam's Schiphol Airport. Yandex N.V. is listed on Nasdaq and has a secondary listing on the Moscow Exchange, although trading in Yandex shares on Nasdaq was suspended in February 2022.

In February 2024, Yandex N.V. announced the sale of the majority of its Russia-based assets to a consortium of Russia-based investors.

« Back to Glossary Index
en_USEN
Scroll to Top