Yandex Wikipedia
In September 2019, Yandex announced plans to create an investment portal in partnership with VTB Bank. In December 2018, Yandex announced the release of the Yandex.Phone, a smartphone. In May 2018, Sberbank and Yandex completed a joint venture deal to develop a B2C eCommerce ecosystem. Also in February 2018, Yandex acquired Uber's businesses in Russia, Kazakhstan, Azerbaijan, Armenia, Belarus and Georgia. The platform generates income via advertising and in-app purchases as well as its in-game currency called "Yans". In 2018, the company launched Yandex Games, an Internet gaming platform accessible via browser and mobile. In October 2024, the company announced plans to invest $400 million in Turkey. However, it is speculated that the publicly identified owners are intermediaries for others. The publicly identified investor group includes Alexander Chachava (25%), Pavel Prass (15%), Lukoil (15%), Alexander Ryazanov (10%), and senior management (35%). In June 2023, the company launched a test of its first self-driving taxi in Moscow.
- In March 2014, it acquired Israeli geolocation startup KitLocate and opened a research and development (R&D) office in Israel.
- In October 2021, construction of a new plant in Ryazan Oblast was launched with 1 billion roubles during the first stage of investments.
- In March 2021, the company launched Yandex Pay, a cashless payment service.
- In October 2013, Yandex launched Cocaine, an open-source PaaS system for creating custom cloud-hosting apps.
- In July 2020, the company terminated its joint venture with Sberbank, fully acquiring Yandex Market and selling its interest in Yandex Money, which was rebranded as YooMoney.
Open source
In 2010, Yandex launched its "Poltava" search engine algorithm for Ukrainian users based on its MatrixNet technology. In June 2008, Yandex announced the formation of Yandex Labs in Silicon Valley to foster innovation in search and advertising technology, with Vishal Makhijani as its CEO. In 2007, Yandex introduced a customized search engine for Ukrainian users, and in May 2007, it opened a development center in Kyiv. On June 1, 2017, Yandex closed its offices in Kyiv and Odesa after the Security Service of Ukraine raided the offices and accused the company of illegally collecting Ukrainian users' data and sending it to Russian security agencies.Legal issues in Ukraine
Also in June 2008, Yandex acquired SMILink, a Russian road traffic monitoring agency, which was merged into Yandex Maps. In 2008, Yandex increased bandwidth between its Moscow data centers and UA-IX in Ukraine fivefold. In September 2005, Yandex opened an office in Ukraine and launched a Ukrainian website. In 2000, Baring Vostok Capital Partners acquired 35.72% of the company for $5.28 million. Arcadia became part of CompTek, a software and computer parts supply company, with Volozh as the CEO in 2000. In 1990, Arkady Volozh contacted Ilya Segalovich (1964–2013), a friend of his from high school, to join his venture developing algorithms to search Russian texts. In 2014, the company opened its first European research and development office in Berlin. In November 2012, Yandex launched a mapping service for Europe and the U.S. In November 2011, it acquired software developer SPB Software for $38 million. In January 2011, the company acquired single sign-in service Loginza. In December 2010, Yandex launched Yandex.Start to find startups and work with them systematically, and purchased WebVisor's behavior analysis technology. In September 2010, Yandex launched Yandex Music, a music streaming service, with a catalogue of 800,000 tracks from 58,000 performers. At the time of release, the technology was already in use as part of a collaborative project with the European Organization for Nuclear Research (CERN) to analyze the results of particle experiments conducted. In May 2023, Yandex launched YandexGPT, a neural network analogous to the ChatGPT neural network. In January 2022, Yandex acquired eLama, a digital advertising platform. In March 2021, the company launched Yandex Pay, a cashless payment service. In December 2015, the company acquired Internet security company Agnitum. In June 2014, the company acquired Auto.ru, an online marketplace and classified advertising website for automobiles, for $175 million. In September 2008, the company acquired the rights to the Punto Switcher software program, an automatic Russian-to-English keyboard layout switcher. In 2009, all services of were localized for the Ukrainian market. They developed search software together under the company name Arcadia.- In March 2012, the company opened its first European office in Lucerne to serve advertising clients in the EU.
- In September 2022, the bank accounts of the company's affiliates in Finland, including those of Yango Group, were frozen.
- In 2007, Yandex introduced a customized search engine for Ukrainian users, and in May 2007, it opened a development center in Kyiv.
- Also in September 2011, Yandex acquired 10% of Blekko for a $15 million investment as part of a $30 million financing round.
- In September 2019, Yandex announced plans to create an investment portal in partnership with VTB Bank.
- It is a speech-recognition and synthesis technology as well as a public API for speech recognition that Android and iOS developers can use.
- In May 2023, Yandex launched YandexGPT, a neural network analogous to the ChatGPT neural network.