October 24, 2016 11:17 AM ET

Internet Software and Services

Company Overview of Yandex LLC

Company Overview

Yandex LLC is an Internet company that provides search and other online services to small and medium-sized businesses in the Russian Federation, Ukraine, Kazakhstan, Belarus, and Turkey. The company was founded in 1993 and is based in Moscow, Russian Federation. It has office locations in the Russian Federation, Ukraine, Belarus, Turkey, Germany, and Switzerland. Yandex LLC operates as a subsidiary of Yandex N.V.

16, Leo Tolstoy Street

Moscow,  119021


Founded in 1993


7 495 739 7000


7 495 739 7070

Key Executives for Yandex LLC

Chief Executive Officer
Chief Operating Officer
Age: 39
Head of Yandex Market
Head of Product Distribution
Head of Yandex Data Factory
Compensation as of Fiscal Year 2016.

Yandex LLC Key Developments

Yandex Plans to Enter Baltic Market with Taxi-Hailing App

Yandex is planning to enter the Baltic countries, Kazakhstan and Georgia with its taxi-hailing app Yandex.Taxi. Before the end of this year Yandex.Taxi, a subsidiary of Yandex, is planning to launch its operations in Kazakhstan, Georgia and the capital cities of Estonia and Latvia. In July Yandex.Taxi launched its operations in Yerevan and Minsk. According to the company their app is the most popular taxi-hailing app in Moscow, St. Petersburg and Yekaterinburg. In the next two years the company wants to become the most popular transport app in the whole Commonwealth of Independent States (CIS).

Russian Railways and Yandex Agree to Cooperate on Developing Internet Services for Passengers

Russian Railways and Yandex LLC have signed a cooperation agreement on information and communication technologies and the promotion of Russian Internet services. The agreement was signed by the President of Russian Railways Oleg Belozerov and the Managing Director of Yandex Alexander Shulgin. The priorities for cooperation between the two companies include informing passengers about current commuter and long-distance train timetables, closed level crossings and the actual movement of long-distance and commuter trains. The agreement is valid until 2020.

Yandex Integrates Recommendation Feed into its Browser

Yandex unveiled a new version of its browser and Zen, a personal recommendation feed, on June 8. This service will be available to Yandex.Browser users at the bottom of the screen, both in mobile and desktop versions. Basically, Zen is similar to search, explains the service's head Viktor Lambert. However, search results are based on specific user requests, whereas Zen offers users new and interesting information. The internet giant hopes that the new recommendation feature will result in the browser being used for a longer time. Tests carried out in 2015 showed that the number of resources accessed by a user per week rose from 2.7 to 4.4, while the time spent using browser quadrupled to 20 minutes. Moreover, the integration of the new service will allow the company to monetize the browser in additional ways, for example, with the help of native advertising that will appear in the feed. It is also expected that the recommendation service will attract new users although the company doesn't provide specific forecasts. Currently Yandex.Browser is used on 30m devices daily. Zen has been translated into 15 languages and localized for 24 countries. In India, for example, the company agreed with some mobile device producers on the pre-installment of Yandex.Browser.

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Recent Private Companies Transactions

No transactions available in the past 12 months.

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