Yandex

Sponsored Ad

Yandex is a Russian multinational corporation specializing in Internet-related products and services. It was founded in 1997 by Arkady Volozh and Ilya Segalovich. Yandex operates the largest search engine in Russia and provides over 70 services, including transportation, e-commerce, online advertising, and mobile applications. The company’s search engine holds the majority market share in Russia and is considered one of the most popular search engines in the world by query volume.

Yandex has developed a range of technologies in search and information retrieval, and its algorithm is known for indexing the Russian language effectively, taking into account the complexities of grammar and morphology. Yandex’s services include Yandex.Direct, a contextual advertising service, Yandex.Mail, an email platform, and Yandex.Maps, which offers digital mapping and navigation. Yandex.News and Yandex.Market are also widely used services.

In 2011, Yandex went public on the NASDAQ stock exchange, raising over $1.3 billion. The company expanded its services beyond search, launching Yandex.Taxi in 2011, which later merged with Uber’s Russian operations. Yandex.Taxi also expanded into self-driving car development, forming Yandex Self-Driving Group in 2017. Yandex operates a smart assistant, Alice, introduced in 2017, and a line of hardware products such as smart speakers.

Yandex has expanded internationally with its services available in countries outside of Russia, such as Turkey and Belarus. The company continues to invest in artificial intelligence, machine learning, and cloud computing services through its Yandex.Cloud platform, launched in 2018. Additionally, Yandex has established educational initiatives, including Yandex School of Data Analysis, which focuses on advanced data science education.