Yandex Suffers this fall “forex Headwinds,” files Antitrust grievance towards Google

Russian search engine grows however annoyed with the aid of Google regulate over Android.

 

Russian search engine and web firm Yandex is caught in the midst of Russia’s increasingly more relations with the West and the Russian foreign money’s precipitous decline.

This morning Yandex announced this autumn and whole 12 months monetary outcomes. the corporate saw this fall revenues of 14.667 billion rubles (roughly $260 million) and whole year revenues of 50.76 billion rubles (roughly $811 million). These figures represented growth of 21 percent and 29 % respectively.

Yandex Q4 2014

then again the q4 numbers were not up to financial analysts have been anticipating. apparently Yandex is trading up this morning. under are some additional highlights from the salary release:

  • Yandex had fifty nine.7 percent of the Russian search market in this autumn (Google is roughly 32 %)
  • Search queries increased 9 % vs. a yr in the past
  • Yandex had 317,000 advertisers in q4 (up 14 percent vs. 2013)
  • Paid clicks increased 18 percent yr over yr
  • display merchandising represented eight p.c of complete earnings and grew three % vs. 2013

one after the other today Yandex reportedly filed an antitrust grievance in Russia over Google’s control over Android. the corporate is claiming Google has violated Russian competitors legislation via requiring hardware OEMs that want get admission to to Google Play to pre-install Google apps, together with search, as “default” options for customers. Yandex offers competing apps and services and products that it believes are harmed Google Play pre-install necessities.

the eu fee is at the moment seeking to conclude its multi-year antitrust investigation into Google’s pc search practices but there’s an Android investigation looming as neatly.

whereas it’s nonetheless not going that main modifications can be imposed on Google’s pc search trade in Europe, Android is potentially a distinct subject. It’s imaginable that regulators will disrupt Google’s ability to require its apps to be pre-put in as a condition of o.e.m get admission to to Google Play.

concerning the author

Greg Sterling is a Contributing Editor at Search Engine Land. He writes a personal blog, Screenwerk, about connecting the dots between digital media and actual-world consumer conduct. he is additionally VP of technique and Insights for the native Search affiliation. practice him on Twitter or find him at Google+.

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