Yandex doubled again
Yandex’s net profit in 2006 increased by 139% to $ 29.9 million. According to audited financial results, the company's revenue more than doubled to $ 72.6 million. than in 2005.
“We have been doubling for more than a year,” says Yandex CEO Arkady Volozh. - The company's financial results for 2006 have already allowed us to make several acquisitions in 2007. Among them are the MoiKrug.ru social network, Yandex.Money electronic payment system and the Smartcom mobile application development team.
Acknowledging the annual doubling of advertising sales on the portal, Yandex notes that mediyka and context grew at a commensurate pace. The share of Yandex in Russian search traffic, according to LiveInternet, remained at 60% last year. The number of Yandex.Direct advertisers increased by 45% and exceeded 30 thousand.
“We have been doubling for more than a year,” says Yandex CEO Arkady Volozh. - The company's financial results for 2006 have already allowed us to make several acquisitions in 2007. Among them are the MoiKrug.ru social network, Yandex.Money electronic payment system and the Smartcom mobile application development team.
Acknowledging the annual doubling of advertising sales on the portal, Yandex notes that mediyka and context grew at a commensurate pace. The share of Yandex in Russian search traffic, according to LiveInternet, remained at 60% last year. The number of Yandex.Direct advertisers increased by 45% and exceeded 30 thousand.
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Source: https://habr.com/ru/post/7586/
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