Yandex
Yandex is a Russia-based technology company operating the country's dominant search engine (70% market share) alongside an integrated ecosystem of cloud, AI, maps, advertising, mobility, and autonomous delivery robot services serving consumers, SMBs, and enterprises across Russia and CIS markets.
- Company typePublic
- Founded1997
- HeadquartersMoscow, Russia
- Headcount5,001–10,000
- GTM typeB2B and B2C
- OfferingSoftware
What Yandex does
Yandex is a Russia-based technology company operating a vertically integrated internet platform anchored by its search engine, which holds approximately 70% of the Russian search market. Founded in 1997 and headquartered in Moscow, the company offers a broad portfolio including Search, the Alice voice assistant, Maps/Navigator (28M+ monthly users), Yandex 360 virtual office services, Yandex Cloud, advertising via Yandex Direct, e-commerce (Market, Real Estate), mobility (Yandex Go), and autonomous delivery robots (1M+ deliveries completed). Its technology stack is built on proprietary open-source assets (ClickHouse, CatBoost, YaFF, YDB, YTsaurus), the in-house YandexGPT large language model developed in partnership with Sberbank, and a self-developed delivery-robot platform now in fourth-generation serial production. Following a 2024 restructuring in which Dutch-listed Yandex N.V. divested Russian operations to a Russia-based consortium for $5.4 billion (with the international AI infrastructure arm rebranded as Nebius Group, NASDAQ:NBIS), Yandex LLC now operates as a privately held Russian company with ownership concentration around a management consortium that includes Alexander Chachava (~19.7% economic / 20.4% voting stake).
Revenue is generated primarily through contextual advertising on Search and the partner network (Yandex Direct), supplemented by subscription-based enterprise services — Yandex Cloud (RUB 27.6B in 2025, +39% YoY, 51,000 external clients) and Yandex 360 (RUB 18.4B in 2025, +59% YoY, 170,000+ organizational users) — as well as transaction-fee income from classifieds, mobility, and fintech, and emerging AI-platform revenue (AI Studio at RUB 2B in 2025 with doubled growth). The go-to-market is hybrid: product-led growth for consumer services (Search, Maps, Alice), API-first distribution through Yandex Developer portal (50+ APIs), and direct enterprise field sales for Cloud, 360, and AI Studio. Q3 2025 group revenue reached RUB 366B (~$4.5B, +32% YoY) with adjusted EBITDA of RUB 78B (+43% YoY); full-year 2024 revenue was RUB 1,094.6B. The B2B Tech division grew 48% YoY in 2025, nearly twice the rate of the broader Russian B2B tech market.
Yandex firmographics
Firmographics- Name
- Yandex
- Legal name
- Yandex LLC
- Website
- https://yandex.com
- Company type
- Public
- Founded year
- 1997
- Operating status
- Operating
- Headcount range
- 5,001–10,000 employees
- Short description
- Yandex is a Russia-based technology company operating the country's dominant search engine (70% market share) alongside an integrated ecosystem of cloud, AI, maps, advertising, mobility, and autonomous delivery robot services serving consumers, SMBs, and enterprises across Russia and CIS markets.
- Ownership category
- akta.pro rank
Yandex industry classification
Industry- Product category
- Internet Search and Cloud Computing
- NAICS
- Web Search Portals and All Other Information Services (51929), Web Search Portals, Libraries, Archives, and Other Information Services (519), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (5182), Custom Computer Programming Services (541511), Software Publishers (5132)
- SIC
- Services-Computer Programming, Data Processing, Etc. (7370), Services-Computer Integrated Systems Design (7373), Services-Computer Programming Services (7371)
- akta.pro primary industry
- Search Engines (BPAMAAAB)
- akta.pro secondary industries
- Search, Discovery & Ranking Personalization (HDAAAGAE), Enterprise AI Data & Knowledge Platforms (Vector Databases, Knowledge Graphs) (HDAEANAH), Enterprise Foundation Model Integration & APIs (Connectors, Governance, Deployment) (HDAAACAO), Digital Experience Monitoring & Management (DEX/DEM, AIOps for EUC) (BPAEAIAF)
Keywords
Where Yandex is headquartered
LocationHeadquarters
- HQ city
- Moscow
- HQ country
- Russia
- HQ region
- Europe
Offices12 records
Markets served
Yandex business model
Business model- GTM type
- B2B and B2C
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Infrastructure, Marketing or Sales, Operations
Revenue model
- Advertising (Yandex Direct): Primary revenue driver through contextual advertising on Yandex's search engine and partner network. Q3 2025 showed 29% improvement in ad performance attributed to AI integration.
- Yandex Cloud: Cloud computing services generating 27.6 billion rubles revenue in 2025 with 39% growth and 51,000 external clients. Provides scalable computing power, data processing, and storage.
- Yandex 360 (Virtual Office): Enterprise productivity suite generating 18.4 billion rubles with 59% growth and 170,000+ organizational users, including business email, documents, and collaboration tools.
- Classified Verticals: E-commerce and classified services including Real Estate (up 14% YoY), Auto.ru (now sold to T-Bank), and other vertical marketplaces.
- Taxi and Mobility: Ride-hailing services across Russia and international markets under Yandex Go brand.
- Yandex AI Studio: Platform for AI agent development with over 40,000 client companies, generating 2 billion rubles revenue in 2025 with doubled growth.
- FinTech Services: Banking and financial services including Yandex Pay and fintech integration, supported by Acropol Bank acquisition for banking license.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Usage-based | Pay-as-you-go | Monium AI monitoring platform - Standard tier |
| Usage-based | Pay-as-you-go | Monium AI monitoring platform - Premium tier |
| Usage-based | Pay-as-you-go | Yandex Cloud - Compute and storage services |
| Subscription | Annual | Yandex 360 Business |
Go-to-market motion3 records
Distribution channels6 records
Marketing channels6 records
Yandex product offering
Product offeringCore offering
Yandex operates Russia's dominant internet search engine (70% market share) and provides a comprehensive ecosystem of consumer and enterprise technology services including AI-powered search, cloud computing (Yandex Cloud), virtual office productivity tools (Yandex 360), mapping and navigation (Yandex Maps), digital advertising (Yandex Direct), ride-hailing and delivery (Yandex Go), e-commerce (Yandex Market), and developer tools (ClickHouse, CatBoost, Maps APIs). The company also develops proprietary AI technologies including YandexGPT, Alice voice assistant, and autonomous delivery robots.
Product overview
Yandex is a Russia-based technology company operating a comprehensive internet ecosystem centered on its dominant search engine (capturing 70% of Russia's search market). The company offers a multi-product portfolio organized as a platform-plus-modules architecture. Core products include Yandex Search and Alice voice assistant (powered by YandexGPT), supplemented by mapping services (Yandex Maps serving 28+ million monthly users), cloud services (Yandex Cloud with 51,000 external clients generating RUB 27.6B revenue in 2025), and virtual office tools (Yandex 360 with 170,000+ organizational users). The advertising and e-commerce segment includes Yandex Direct, Yandex Market, Yandex Real Estate, and Yandex Auto.ru. Mobility and delivery services operate under Yandex Taxi/YandexGo brands with robot delivery (1M+ deliveries). Developer tools encompass ClickHouse, CatBoost, Maps API, and other APIs. AI capabilities are delivered through Yandex AI Studio (40,000+ client companies), Neurosupport, and dedicated AI agents for research, support, and automation. The company also offers YandexGPT for conversational AI and open-source technologies including YaFF, BEM, and visual regression testing tools. Yandex operates across Russia and international markets including Uzbekistan, Kyrgyzstan, Kazakhstan, Turkey, and Israel.
Differentiator
Problem solved
Functional benefit
Brands
- Yandex Cloud: Cloud computing platform offering scalable computing power, data processing, and storage services.
- Alice
- YandexGPT
- Yandex Maps
- Yandex Market
- Yandex Taxi
- Yandex Music
- Yandex Disk
- Yandex 360
- Yandex Search
- YaFF
- Perforator
- YDB
- YTsaurus
- Monium
- Shedevrum
- Yandex Auto
- Yandex Realty
- Yandex Travel
- Yandex Delivery
- Yandex Go
- Yandex NeuroSAupport
- Yandex AI Studio
Quantifiable outcome
- Yandex Search saved 4.5 billion rubles in 2025 through reduced cost-per-answer and improved AI efficiency
- +5 more outcomes
Companies that use Yandex
Customer profileNamed customers6 records
Segments6 records
Ideal customer profiles5 records
Yandex technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability18 records
Feature9 records
Yandex partnerships and signals
Strategic signalPartnerships
Nine partnerships are on record, tiered core and minor.
- SberbankcoreJoint development of YandexGPT for Sberbank's sovereign AI initiative. Sberbank marketing GigaChat and YandexGPT to Global South countries as alternatives to Western AI products.
- Andhra Pradesh Government (Russia delegation)minorExplored partnerships in AI, smart city technologies, and urban mobility solutions during SPIEF 2026 visit to St. Petersburg.
- Tashkent City AdministrationminorCollaboration on 3D model of Center of Islamic Civilization in Tashkent for Yandex Maps, supporting Yandex Uzbekistan's cultural landmark initiatives.
- HSE UniversityminorCo-organized Fourth Robotics Festival with Yandex Education and National Association of Robotics Market Participants. Partnership for robotics education programs.
- International Lev Tolstoy Heritage FoundationminorPartnership to digitize and preserve Leo Tolstoy's literary legacy ahead of his 200th birthday in 2028. Approximately 2 million manuscript pages will be digitized and made accessible online, including AI-powered voice reconstruction.
- ONA FundminorPilot program supporting women couriers working for Yandex Go services in difficult life situations including single parenthood, illness, or disability. Yandex Uzbekistan allocated 357 million UZS since 2023.
- Dordoi FCminorYandex Kyrgyzstan became official sponsor of Kyrgyz football club, supporting the team under the partnership agreement.
- DikidicoreYandex acquisition of Dikidi, a customer engagement app for service industries, to enhance functionality using Yandex technologies and expand customer acquisition and fintech integration capabilities.
- HSE UniversityminorPartnership for Master's programme in Smart Devices developed with Yandex, part of HSE's new educational programmes in robotics and neural network technologies.
Scale indicators15 records
Recent moves9 records
Expansion highlights6 records
Yandex competitors and assessment
Company assessmentBroad incumbents
- Google (Alphabet): Global search and advertising leader with overlapping products (Search, Maps, Cloud, AI). Most relevant as the search/advertising incumbent that Yandex displaces in Russia, and the comparable for Yandex Cloud's competitive positioning.
- Alibaba Cloud: Major cloud and AI infrastructure provider with comparable sovereign-AI positioning in Asia/EU. Comparable for Yandex Cloud's enterprise go-to-market and AI-platform strategy.
Direct peers
- Baidu: China's dominant search engine with parallel business model: search advertising + AI/cloud + autonomous driving. Closest structural analog to Yandex — national champion search company building AI, cloud, and robotaxi platforms in a single market.
- VK (formerly Mail.ru Group): Russia's largest social network and internet platform; competes with Yandex across communications, content, advertising, and cloud. Closest domestic competitor for Russian user attention and ad budgets.
- Sberbank (Sber): Both partner and competitor via GigaChat LLM and SberCloud. Sovereign AI co-developer and growing rival in Russian enterprise AI, cloud, and fintech, with significant financial resources.
- Naver: Korean internet platform operating dominant search plus cloud, AI, fintech, and mobility. Comparable as a non-Western national champion with diversified tech stack and ambition to export platform capabilities.
- Avito: Russia's leading classifieds platform across real estate, autos, and general goods. Competes head-to-head with Yandex's Real Estate and (until divestiture) Auto.ru verticals for classifieds ad spend.
Emerging players
- Nebius Group: Yandex N.V.'s former international arm, now an independent AI infrastructure company on Nasdaq. While separately listed, it shares Yandex's AI infrastructure DNA and engineering lineage, making it a structural peer for the AI compute thesis.
Others
- Yandex NV (pre-restructuring) / SberTech: SberTech is Sberbank's enterprise IT arm, comparable for Russian enterprise cloud, AI, and IT services. Yandex B2B Tech competes directly with SberTech in the domestic enterprise market.
Regional players
- Rambler Group: Russian internet and media holding with news, search, and content verticals. A smaller domestic peer competing for Russian-language search and digital advertising share.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks5 records
Key highlights7 records
Customer concentration
Yandex social profiles
Digital presenceYandex compliance and trust
Trust signalCompliance4 records
Yandex financial estimates
Financial estimateRevenue estimate
Valuation estimate
Yandex leadership team
Management profileNumber of profiles
Yandex subsidiaries and ownership
Company hierarchySubsidiaries14 records
Yandex funding detail
Funding detailFunding overview
Funding rounds7 records
Investors5 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Yandex M&A and investment
M&A and investmentM&A28 records
Investments17 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Yandex
What does Yandex do?
Yandex operates Russia's dominant internet search engine (70% market share) and provides a comprehensive ecosystem of consumer and enterprise technology services including AI-powered search, cloud computing (Yandex Cloud), virtual office productivity tools (Yandex 360), mapping and navigation (Yandex Maps), digital advertising (Yandex Direct), ride-hailing and delivery (Yandex Go), e-commerce (Yandex Market), and developer tools (ClickHouse, CatBoost, Maps APIs). The company also develops proprietary AI technologies including YandexGPT, Alice voice assistant, and autonomous delivery robots.
Is Yandex a public or private company?
Yandex is a public company. It is classified as public and is currently operating.
When was Yandex founded?
Yandex was founded in 1997. It employs 5,001 to 10,000 people.
Where is Yandex based?
Yandex is headquartered in Moscow, Russia, in the Europe region.
How does Yandex make money?
Seven revenue lines are on record. Advertising (Yandex Direct) is the primary driver. The others are yandex Cloud, yandex 360 (Virtual Office), classified Verticals, taxi and Mobility, yandex AI Studio and finTech Services.
Who are Yandex's main competitors?
Broad incumbents on record are Google (Alphabet) and Alibaba Cloud. Direct peers are Baidu, VK (formerly Mail.ru Group), Sberbank (Sber), Naver and Avito. Nebius Group is listed as an emerging player. Yandex NV (pre-restructuring) / SberTech is listed as an others. Rambler Group is listed as a regional player.
Does Yandex have an API?
Yes. Yandex offers extensive public APIs across multiple product lines including Yandex Cloud (compute, storage, and data services), Maps API (JavaScript API, Static API, Geocoder, Routing, Tiles), ClickHouse (open-source column-oriented DBMS), CatBoost (gradient boosting library), AppMetrica (mobile analytics with SDKs for Android, iOS, Unity, Xamarin, Cordova, Windows), Yandex Direct (advertising campaign management), Metrica (web analytics), Toloka (training data for AI), Safe Browsing API (URL safety checking), Maps API for business (Distance Matrix, Geocoder, Geolocation, NaviKit SDK), Taxi API, Mobile Ads SDK, Yandex ID SDK (OAuth/JWT authentication for mobile), Disk API (REST and WebDAV), Dictionary API, Translate API, Partner Interface API, Webmaster API, Mail for Domain API, Browser API (Content Blocker API), and Yandex Search Site Search. APIs use REST architecture, OAuth authentication, and are available via developer.tech.yandex.ru. Developer documentation is at yandex.com/dev.
What industry is Yandex in?
Yandex's product category is Internet Search and Cloud Computing. Its primary akta.pro industry code is BPAMAAAB, Search Engines, with a secondary code of HDAAAGAE, Search, Discovery & Ranking Personalization. Its NAICS code is 51929 and its SIC code is 7370.