Profile: Yandex NV (YNDX.O)
11 Dec 2018
Yandex N.V., incorporated in June 2004, is an Internet and technology company, and operates Internet search engine. The Company's segments include Search and Portal, E-commerce, Taxi, Classifieds and Experimental businesses. The Company's Search and Portal segment offers a range of services in Russia, Ukraine, Belarus and Kazakhstan, among which are search, location-based, personalized and mobile services, that enable the Company's users to find relevant and objective information to communicate and connect over the Internet, from both their desktops and mobile devices.
Search and Portal
The Company's search engine offers access to a range of information available online. The Company utilizes linguistics, mathematics, machine learning and artificial intelligence (AI) to develop algorithms that extract, compile, systematize and present relevant information to users. The Company's Yandex.Maps provides maps of Russia, Ukraine, Kazakhstan, Belarus, as well as, a map of Turkey and satellite images of the whole world. It offers users panoramic views, public transportation routes and driving directions with voice controls and turn by turn navigation. It also offers Yandex.Navigator, its standalone mobile application providing turn by turn navigation. Its Yandex.Navigator incorporates a voice input function and a set of voice commands that allow users to interact with the application without touching the screen.
The Yandex.Transport application provides users with real time data on public transport in a number of Russian cities. Outside of Russia, Yandex.Transport operates in Helsinki and Tampere, Finland, Budapest, Hungary, Sydney and Brisbane in Australia and Auckland in New Zealand. Yandex.Mail provides users with access to their e-mail. Yandex.Disk is its cloud based storage service that allows users to upload, store, read and share their photos, videos or documents online and access them at any moment from any device. Yandex.News is an online news aggregation service in Russia, providing a media overview for its users. The Company's Yandex.Weather service offers hyperlocal weather information based on its weather forecasting technology, Meteum. It also offers Yandex Browser.
The Company's Yandex.Market gives retailers a platform to reach customers seeking specific retailer, product or price information. Merchants submit their product catalogs and price lists to it in a structured online format, enabling it to provide detailed information in response to relevant user queries, either through its search engine or its Yandex.Market service.
As of December 31, 2016, Yandex.Taxi was operating in 46 cities across Russia, Georgia, Armenia, Kazakhstan, Belarus and Ukraine. As of December 31, 2016, Yandex.Taxi offered its service in 36 cities.
The Company's Classifieds business unit includes Auto.ru, Yandex.Realty, Yandex.Jobs and Yandex.Travel. Auto.ru is its classifieds platform for used and new cars, other private and commercial vehicles and spare parts. Yandex.Realty is its real estate classifieds service, acting as both an aggregator of advertisements from other Websites and a place, where private individuals and realtors can place their listings directly. Yandex.Jobs is its service for job seekers. Yandex.Travel allows users to search for a vacation using multiple criteria and taking their personal preferences into account.
The Company's Media services unit consists of a range of services that provide its users with streaming audio, video and other entertainment data. It includes KinoPoisk, Yandex.Music, Yandex.Afisha and Yandex.TV Program. KinoPoisk is a Russian language source for movie, television series and celebrity content and a movie Website in Russia. KinoPoisk provides users with critic and user reviews and ratings, personalized recommendations, trailers, photo galleries, trivia, entertainment news, box-office data, editorial feature sections, as well as local movie showtimes and ticketing. Yandex.Music is its music streaming service. Yandex.Afisha (playbill) allows users to select entertainment from a range of options. Yandex.TV Program is a service providing users with a schedule of broadcast, cable and digital television channels, as well as an option to view certain television channels online. Yandex Data Factory focuses on developing big data analytics solutions for companies in finance, retail, telecom, manufacturing, healthcare and other industries.
The Company competes with Google, Mail.ru Group, MyTarget, Microsoft, Yahoo!, Gett, Uber, Aliexpress, Avito, CIAN and Drom.ru.
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Company Web Links
- Russia's Yandex to launch ride-hailing service in Israel
- Russian search engine Yandex trumpets fastest growth in six years
- UPDATE 2-Russian search engine Yandex trumpets fastest growth in six years
- Russia's Yandex Q3 revenue at 32.6 bln rbls, up 44 pct y/y
- UPDATE 1-Kremlin backs plans to curb foreign ownership of online news aggregators