Yandex N.V. (YNDX) - NASDAQ
  • Jun. 16, 2014, 1:56 PM
    • Yandex (YNDX -0.2%) is buying Auto.ru, a Russian auto classifieds site/portal claiming 400K+ unique listings for new and used cars (as well as listings for auto parts), for $175M in cash. The deal is expected to close in Q3.
    • Yandex asserts Auto.ru is the top auto classifieds site in Moscow, and top-3 over the whole or Russia. ~40% of monthly users are return visitors.
    • The Russian search leader bought geolocation tech developer KitLocate in March.
    | Jun. 16, 2014, 1:56 PM
  • Mar. 18, 2014, 12:40 PM
    • Yandex (YNDX +7.5%) has acquired KitLocate, an Israeli developer of geolocation, location geo-fencing, and motion detection tech that can be used by mobile apps needing precise data about a user's position and movements. Terms are undisclosed.
    • Yandex argues KitLocate's solution, which relies on statistical analysis, can improve battery life by lowering a phone's dependence on power-draining GPS/GLONASS receivers. The company plans to integrate KitLocate's offerings with its mobile apps/services, and sees localized search results and targeted ads as two potential applications.
    • Yandex is headlining a buy-on-the-news rally among tech stocks with strong Russian/Ukranian exposure, as Vladimir Putin signs a treaty annexing Crimea to Russia. Other gainers: QIWI +7.1%. EPAM +4.9%. LXFT +4%. MBT +3.3%.
    | Mar. 18, 2014, 12:40 PM
  • Oct. 15, 2013, 9:49 AM
    • Yandex (YNDX +0.2%) has acquired KinoPoisk, a site that functions as the Russian equivalent of IMDb. KinoPoisk has 18.6M monthly users (per comScore), making it Russia's 16th-largest Web property. The site is home to 100M reviews, and adds 3M new ones each month. Terms are undisclosed.
    • Yandex says it plans to pair KinoPoisk's content with its "search personalization algorithms and machine-learning technology" to create "an extended movie recommendation system tailored to users' preferences and interests."
    • The purchase also allow Yandex to further grow its budding display ad business. Display ads only made up 9% of Yandex's Q2 revenue, but sales rose 43% Y/Y.
    • Previous: Yandex slips as Rostelcom reportedly plots search engine
    | Oct. 15, 2013, 9:49 AM
  • Jun. 18, 2012, 12:48 PM

    Facebook (FB +5.8%) has acquired Face.com, the latter company announces on its blog. Facebook is likely interested in both Face.com's Photo Tagger facial-recognition app, which can be applied to the billions of pictures being uploaded by Facebook users, and its valuable domain name. A May rumor about the acquisition indicated a price tag of $80-$100M. Yandex (YNDX +6.4%), which owns a stake in Face.com, appears to be rallying on the news.

    | Jun. 18, 2012, 12:48 PM
Company Description
Yandex NV operates as an investment holding company with interest in providing internet search engine services. The company develops search technology and information retrieval services in applied mathematics and data analysis for Internet users. It also features parallel search, which presents... More
Sector: Technology
Industry: Internet Software & Services
Country: Netherlands