Yandex

Yandex LLC (Russian: Яндекс, romanized: Yandeks, IPA: [ˈjandəks] ) is a Russian technology company that provides Internet-related products and services including a web browser, search engine, cloud computing, web mapping, online food ordering, streaming media, online shopping, and a ridesharing company. Yandex Search is the largest search engine in Russia with an estimated 72% market share in Russia and a 2.8% market share worldwide. Yandex Taxi is the largest ridesharing company in Russia. Yandex was founded by Arkady Volozh and launched its first product, a search engine, in 1997. Due to its significant media activities in Russia, the company has long faced pressure for control by the government of Russia. In July 2024, in a transaction brought about by international sanctions during the Russian invasion of Ukraine and restrictions on foreign ownership, Nebius Group, the Dutch holding company that owned Yandex, completely sold off its Russian assets to a consortium to a group of Russian investors for a discounted price of US$5.3 billion.