January 20, 2017 7:58 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 Launches Search Algorithm Based on Neural Networks

Yandex has launched its new search algorithm Palekh. The algorithm is based on neural networks and is designed to improve searches under rare or unique queries. The search model based on neural networks is able to define sense relations between search queries and titles on online sites, even if matching key-words are absent. Rare and unique queries form around a third of all queries on Yandex.

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.

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Recent Private Companies Transactions

No transactions available in the past 12 months.

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