Yandex Releases Figures For Q3 2017

Yandex's share of the Russian search market is now 54.9%

The Russian search engine Yandex has released its figures for Q3 2017. It revealed that its share of the Russian search engine market grew to 54.9%, up on the previous quarter. Its share of the Android mobile search market saw particularly rapid growth, where it now comprises 41.2% of searches. Its revenues grew by 21% across all sources. Breaking this down, Yandex saw its advertising revenues grow by 19% and its non-advertising revenues grow by 83%. Yandex's COO, Alexander Shulgin, commented on the figures, saying: “I am very proud of the pace of innovations in our core business”. 

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