Yandex 3Q 2015 salary document: earnings Up 18% YoY For The Quarter At $233.1 Million
The Russian search engine averages fifty seven% of the Russian search market.
Russia’s prime search engine, Yandex, introduced its income results for 3Q 2015 (October 29, 2015), reporting an 18-p.c 12 months-over-yr quarterly elevate at $233.1 million — or 15.four billion rubles.
Yandex said its share of the Russian search market averaged fifty seven.1 p.c for the quarter ending September 30, 2015, with search queries up four % in comparison with the same time closing yr.
The website grew its advertiser base to 354,000 — an 18-% soar over Q3 2014 and a one-% elevate over the earlier quarter.
“We stabilized our search share in Russia, become the default search engine for home windows 10 in Russia, Turkey and several other international locations, and carried out a ancient choice from the Russian anti-monopoly provider that we hope will return fair competition to the market,” mentioned CEO Arkady Volozh in a commentary asserting the corporate’s earnings.
Yandex.direct, the corporate’s auction-primarily based ad application, switched to the brand new VCG auction platform all over the quarter, as well.
“We easily transitioned to the VCG auction, leading to lower CPCs for our advertisers, greater high quality traffic to their web pages and an increase in click through rates,” stated Yandex Chief working Officer Alexander Shulgin.
Yandex Q3 2015 income report (in RUB)
(Some photography used under license from Shutterstock.com.)
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