Yandex Starts Application Store for Android, Kommersant Reports

Yandex NV (YNDX), Russia’s largest Internet- search engine, is starting an online store to sell applications for devices powered by Google Inc. (GOOG)’s Android operating system, Kommersant reported.

The store will sell 40,000 applications for which Yandex acquired the licenses, and the company will get a share of revenues, the newspaper said citing unidentified people. The branded version of Yandex.Store will be installed on Android- powered devices from the fourth quarter, it said.

Yandex may also present its long-awaited debut Web-browser today to help it compete with Google, Kommersant said.

To contact the reporter on this story: Ilya Khrennikov in Moscow at ikhrennikov@bloomberg.net

To contact the editor responsible for this story: Kenneth Wong at kwong11@bloomberg.net

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.