Yandex 2014 3Q salary file: earnings Up 28% Over closing year’s 3rd Quarter outcomes

Russian search engine says it averaged a 60.three% share of the Russian search market and earned $313 million in revenue closing quarter.
 
Russian search engine Yandex launched its 2014 1/3 quarter cash file the day before today, announcing a 28 percent raise in 12 months-over-yr revenue for the quarter, generating greater than $313 million (RUR thirteen.1 billion). “Q3 was once another robust quarter extraordinary for an acceleration in increase of our owned and operated residences and very good price control,” mentioned Yandex CEO Arkady Volozh within the information release announcing the corporate’s salary. in line with the announcement, Yandex’s share of the Russian search market averaged 60.3 % closing quarter, and search queries had been up 13 percent from 0.33 quarter of 2013. so far this 12 months, the site has got promoting tech platform AdFox, completed the acquisition of car.ru, and launched Yandex.grasp. the corporate reviews that 93 p.c of its total income for Q3 was earned by the use of text-primarily based advertising – with seventy one % coming from its personal web sites and 21 % from its ad community.

Yandex 2014 3Q revenue results

Yandex 2014 3Q revenue


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