Yandex Search Share Declines in Russia, Liveinternet Says

Yandex NV (YNDX)’s share of Russia’s Internet searches fell in the week to July 1, while the percentages for competitors Google Inc. and Mail.ru Group Ltd. (MAIL) were unchanged, according to Liveinternet.ru.

The share for Yandex, the owner of Russia’s most-used search engine, fell to 60.5 percent from 60.6 percent in the previous week, Liveinternet, an Internet service provider and researcher, said on its website today. Yandex’s share averaged 60.5 percent over the past four weeks and has stayed above 60 percent since the four weeks to April 22, according to Liveinterent.ru.

Russian searches using Google, the world’s largest Web- search provider, were unchanged at 26.3 percent, for a four-week average of 26.4 percent, the data show.

The share of Mail.ru Group Ltd., the largest Russian- language Internet company, was flat at 8.2 percent. The four- week average was also 8.2 percent, up from 8.1 percent in the previous week, the data showed.

To contact the reporter on this story: Halia Pavliva in New York at hpavliva@bloomberg.net

To contact the editor responsible for this story: Tal Barak Harif at tbarak@bloomberg.net

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