Yandex Q2 2015 income Reaches $250M, Up 14% YoY
Russian’s biggest search engine says text-based totally promotion debts for 91% of its complete income.
Russian search engine Yandex released its revenue for Q2 2015, reporting a 14 p.c yr-over-12 months raise with revenue reaching $250.7 million (RUB 13.9 billion).
the most important search engine in Russia, Yandex’s search market share averaged 57.three % in Q2, with search queries up two percent in comparison with the identical quarter remaining year.
“We remain enthusiastic about bettering the quality of our search products, together with mobile search, as well as our advertiser solutions,” stated Yandex CEO Arkady Volozh in a unencumber reporting the corporate’s quarterly salary. He went on to assert the company is planning to unencumber a new public sale mechanism in Q3 to assist develop its internet advertising industry.
Yandex’s text-based totally advert revenue used to be up thirteen percent over Q2 2014, accounting for ninety one p.c of Yandex’s total income. display advertising revenue used to be up 9 p.c yr-over-year and represented six % of the company’s whole income.
Yandex advertisers grew to 351,000 — a 9 percent increase over the first quarter of this year.
Yandex Q2 2015 revenue record
(Some pictures used under license from Shutterstock.com.)
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