Yandex Factoids
February 2, 2010
TechCrunch Europe wrote about the Russian Web search and advertising outfit Yandex. You can read the article “Russia’s Leading Search Engine Yandex Sees Decline in USD Revenue for the financial discussion. My interests are different. The factoids that I seized upon included:
- In a lousy market, Yandex’s revenue was trending upwards
- Like Google, Yandex is having difficulty getting non search and ad revenues to generate big dough
- Even though the Russian ad market was slumping, Yandex was growing.
My take is that Google has its hands full with Yandex. Furthermore, the shift from traditional media is not a US only issue. Russia refused Google founder money for a space ride. Is Russia the next China for Google? What happens if Yandex gets more aggressive outside of Russia? Interesting.
Stephen E Arnold, February 2, 2010
No one paid me to write this. I will report non payment to the Council on Foreign Relations.
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